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 Post Strong Gain Alongside Futures Rally
Weekly natural gas cash prices gained ground amid seasonally strong demand in the West and another anticipated round of frigid temperatures in the region during the week ahead. NGI’s Weekly Spot Gas National Avg. for the holiday-abbreviated Nov. 21-23 period gained 40.5 cents to $6.785. It marked the third consecutive weekly advance for cash markets.…
November 23, 2022
Natural Gas Futures, Spot Prices Pop on Wintry Weather Outlook, Storage Withdrawal
Natural gas futures flew ahead Wednesday, rallying a third consecutive day on festering worries about a railroad strike, expectations for blasts of cold in the month ahead and the first storage withdrawal of the season. Prices also advanced in Europe and Asia over the past week, reflecting Russia-imposed supply concerns and continued strong demand for…
November 23, 2022
Natural Gas Futures Post Another Gain as More Wintry Weather Awaits
Following a 47.3-cent rally a day earlier, natural gas futures advanced a little further on Tuesday as weather forecasts, while mixed, favored solid demand ahead and Russia injected a fresh dose of uncertainty into the global supply picture. The December Nymex gas futures contract settled at $6.779/MMBtu, up three-tenths of a cent day/day. January rose…
November 23, 2022
Season’s First Storage Withdrawal Provides Bullish Support for Surging Natural Gas Futures
The U.S. Energy Information Administration (EIA) reported a withdrawal of 80 Bcf natural gas into storage for the week ended Nov. 18. The result came in slightly lighter than market expectations. Still, it was much steeper than the five-year average and supported already lofty Nymex natural gas futures. “We are clearly well into the heating…
November 23, 2022
Natural Gas Futures Inch Ahead as Russia’s Threat Amplifies Europe’s Thirst for U.S. LNG; Cash Prices Fall
Following a 47.3-cent rally a day earlier, natural gas futures advanced a little further on Tuesday as weather forecasts, while mixed, favored solid demand ahead and Russia injected a fresh dose of uncertainty into the global supply picture. The December Nymex gas futures contract settled at $6.779/MMBtu, up three-tenths of a cent day/day. January rose…
November 22, 2022
December Natural Gas Futures Rally on Coming Cold, Eclipse $6.700 Threshold
Natural gas futures found fresh footing on Monday, as traders mulled an updated relaunch timeline for a major export facility, railroad union members considered a strike, and forecasts pointed to another round of wintry weather in early December. After shedding 6.6 cents on Friday, the December Nymex gas futures contract surged 47.3 cents day/day and…
November 22, 2022
Natural Gas Futures, Spot Prices Fly on Freeport Clarity, December Cold, Threat of Railroad Strike
Natural gas futures found fresh footing on Monday, as traders mulled an updated relaunch timeline for a major export facility, railroad union members considered a strike, and forecasts pointed to another round of wintry weather in early December. At A Glance: LNG facility aims for December return Demand could intensify next month Analysts expect large…
November 21, 2022
Weekly Natural Gas Prices, Futures Forge Ahead Amid First Big Blast of Winter
Weekly natural gas cash prices cruised ahead as bitter cold temperatures canvassed the Lower 48 and fueled robust heating demand. Freezing temperatures also slowed production activity, adding a bullish undercurrent and helping power the spot market to a second consecutive weekly gain. NGI’s Weekly Spot Gas National Avg. for the Nov. 14-18 period jumped $2.175…
November 18, 2022
Natural Gas Futures Snap Win Streak Amid Freeport LNG Delays, Weather Shift; Spot Prices Advance
Natural gas futures faltered Friday, ending a four-day win streak built on impressive cold blasts. Traders took profits after the run-up and shifted their attention to the delayed relaunch of a critical export terminal and the potential for milder weather late in November. At A Glance: Key export plant targets December return Market looks for…
November 18, 2022
Natural Gas Futures, Cash Prices Push Ahead as Heating Demand Mounts
Natural gas futures prices flew higher once again on Thursday, rallying a fourth consecutive day on cold weather and mounting demand that pointed to steep storage withdrawals following what analysts expect was the last reported injection of the year. The December Nymex natural gas futures contract settled at $6.369/MMBtu, up 16.9 cents day/day. January climbed…
November 18, 2022