Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.
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Articles from Kevin Dobbs
Weekly Natural Gas Prices Climb Higher on Strong Seasonal Demand
Weekly cash market prices ratcheted up across much of the Lower 48, led higher by strong cooling demand in California and swaths of the East. NGI’s Weekly Spot Gas National Avg. for the July 27-30 period jumped 13.5 cents to $1.755. Trading on Friday (July 31) was for gas delivered on Monday (Aug. 3). For…
July 31, 2020
September Natural Gas Futures Give Up More Ground as Hurricane Approaches, Temperatures Cool
September natural gas futures on Friday declined for a second day in a row as summer heat was forecast to fade, a new hurricane raced toward Florida and coronavirus-induced economic concerns weighed on markets. The September Nymex contract shed 3.0 cents day/day and settled at $1.799/MMBtu. October fell 3.4 cents to $1.957. NGI’s Spot Gas…
July 31, 2020
September Natural Gas Futures Dive Lower Following Storage Report And Eased Heat Expectations
The U.S. EIA reported an injection of 26 Bcf natural gas storage for the week ending July 24 Forecasts shifted further cooler for early August Concerns simmered about liquefied natural gas exports September natural gas futures sunk on Thursday after a higher-than-expected storage build and forecasts for moderating heat amplified demand and containment concerns as…
July 31, 2020
September Natural Gas Futures Slump After Storage Report, Cooler Weather Forecasts
September natural gas futures sunk on Thursday after a higher-than-expected storage build and forecasts for moderating heat amplified demand and containment concerns as fall approaches. In its first trading day on the books as the prompt month, the September Nymex contract shed 10.1 cents day/day and settled at $1.829/MMBtu. October fell 8.8 cents to $1.991. …
July 30, 2020
With Light Storage Injection Expected and Mexican Exports Strong, August Natural Gas Futures Extend Upward March
BREAKING: U.S. EIA reports injection of 26 Bcf into storage for week ending July 24, slightly above expectations U.S. pipeline supply to Mexico reached record highs in July August natural gas futures climbed higher for a second consecutive day as storage capacity concerns eased and traders adjusted positions ahead of the September contract becoming the…
July 30, 2020
September Natural Gas Futures in the Red After Higher-Than-Expected Storage Injection
The U.S. Energy Information Administration (EIA) reported an injection of 26 Bcf into storage for the week ending July 24, a print that came in slightly above the average of major polls and pushed Nymex natural gas futures lower. The result implies that demand, lifted by summer heat and strong energy use for cooling, is…
July 30, 2020
August Natural Gas Futures Continue Rally After Forecasts for Below-Average Storage Injection
August natural gas futures climbed higher for a second consecutive day as storage capacity concerns eased and traders adjusted positions ahead of the September contract becoming the front month on Thursday. The August Nymex contract settled at $1.854/MMBtu, up 5.4 cents day/day. After the close, the August contract rolled off the board. September climbed 6.6…
July 29, 2020
August Natural Gas Futures Rebound Following Reports of Record Mexican Demand for U.S. Exports
U.S. pipeline supply to Mexico surging to record highs During the July 20-24 period, the United States exported nearly 6.4 Bcf/d to Mexico Spot prices advanced, led by jumps in California and West Texas August natural gas futures rebounded Tuesday amid news of continued robust exports to Mexico and a varied weather outlook that anticipates…
July 29, 2020
August Natural Gas Futures Bounce Back Despite Mixed Views on Weather, Export Demand
August natural gas futures rebounded Tuesday amid news of continued robust exports to Mexico and a varied weather outlook that anticipates cooler near-term conditions but potential for heat to intensify in coming weeks. Analysts cautioned trading would be choppy ahead of the September contract becoming the front month on Thursday. The August Nymex contract rose…
July 28, 2020
August Natural Gas Futures Dive Lower on Cooler Outlook
Natural gas futures lost momentum as national forecasts shifted cooler Storm activity in the Gulf of Mexico also ushered in milder temperatures through parts of the central United States Cash prices moved higher, led by surges in California August natural gas futures lost momentum on Monday, as storm activity in the Gulf of Mexico (GOM)…
July 28, 2020