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
Leading U.S. Natural Gas Firms Sound Rallying Cry For Permit Reform, Lawsuit Limits
Demand endures. Supply is abundant. Technology to produce it efficiently continues to advance. But the United States needs to meaningfully expand its natural gas production and delivery infrastructure to meet domestic needs while supporting increasing global demand for American exports of LNG and fuels of the future such as hydrogen. To make this happen, the…
March 9, 2023
TotalEnergies CEO Touts Critical Role of Natural Gas as Global Energy Demand Grows
The chief executive of TotalEnergies SE said natural gas is vital to ensure energy reliability now and for years to come as the world population swells and economies advance, driving demand that exceeds the realistic potential of renewable fuels in the foreseeable future. “We need to continue to produce it…Gas is good,” TotalEnergies CEO Patrick…
March 8, 2023
Weekly Natural Gas Spot Prices Mixed; Futures Find Fresh Momentum
Weekly natural gas cash prices gave up ground amid a late week pullback at Western hubs, though price momentum elsewhere proved strong amid production declines and forecasts for widespread cold in coming days. NGI’s Weekly Spot Gas National Avg. for the Feb. 28-March 3 period slipped 23.5 cents to $3.535. Warming conditions from California to…
March 3, 2023
New Signs of Demand, Slower Output Drive Natural Gas Futures Forward; Cash Prices Cascade
Natural gas futures on Friday probed higher for the fourth time of the week and the seventh time in eight sessions, powered by forecasts for stronger heating demand arriving just as production is easing. The April Nymex gas futures contract settled at $3.009/MMBtu, up 24.4 cents day/day. May jumped 24.2 cents to $3.141. At A…
March 3, 2023
After Six-Session Rally, April Natural Gas Futures Finally Lose Momentum
Natural gas futures fell for the first time in seven sessions on Thursday after a federal inventory report showed robust supplies and modest demand through the end of February. However, losses were modest, and analysts said another rally may soon commence amid signs of falling production, a bump in LNG demand and anticipated rounds of…
March 3, 2023
Natural Gas Futures Snap Six-Day Streak of Gains After Anemic Storage Print; Spot Prices Advance
Natural gas futures fell for the first time in seven sessions on Thursday after a federal inventory report showed robust supplies and modest demand through the end of February. However, losses were modest, and analysts said another rally may soon commence amid signs of falling production, a bump in LNG demand and anticipated rounds of…
March 2, 2023
EOG Resources Trumpets Optimistic Outlook For Natural Gas, Oil Volumes
EOG Resources Inc., a multi-basin exploration and production firm, said its strong fourth quarter and full-year 2022 results were powered by robust natural gas and oil demand, price spikes and steady production activity. For the year, EOG said, the natural gas prices it fetched jumped 49% from a year earlier, while crude prices increased 42%.…
March 2, 2023
Natural Gas Futures, Spot Prices Power Forward Wednesday After Production Slips
Natural gas futures forged higher for a sixth consecutive session on Wednesday as traders focused on weakening production and forecasts for chilly March conditions. The April Nymex gas futures contract settled at $2.811/MMBtu, up 6.4 cents day/day. May rose 8.0 cents to $2.943. At A Glance: BREAKING: U.S. EIA reports 81 Bcf withdrawal from stocks…
March 2, 2023
Weak Winter Storage Withdrawal Sends Natural Gas Futures Lower
Utilities pulled 81 Bcf of natural gas from storage for the week ended Feb. 24, the U.S. Energy Information Administration (EIA) reported Thursday. The result proved slightly steeper than forecasts but anemic relative to averages, driving Nymex natural gas futures into the red. Ahead of the 10:30 ET release, the April futures contract was essentially…
March 2, 2023
Natural Gas Futures Extend Winning Streak; Cash Prices Strengthen Across Lower 48
Natural gas futures forged higher for a sixth consecutive session on Wednesday as traders focused on weakening production and forecasts for chilly March conditions. The April Nymex gas futures contract settled at $2.811/MMBtu, up 6.4 cents day/day. May rose 8.0 cents to $2.943. At A Glance: Analysts see storage pull in 70s Bcf Mid-March forecasts…
March 1, 2023