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
Production Drop Fails to Power Final Run for March Natural Gas; April Futures, Cash Prices Climb
Natural gas futures were mixed on Tuesday, with the March contract off slightly amid light volume. But the April contract was boosted by bargain buying and a continued slide in production that could, if sustained, address supply/demand imbalance and bolster prices in the medium term. At A Glance: Output slips below 102 Bcf/d Solid but…
February 27, 2024
Hints of Production Pullback Boost March Natural Gas Futures Ahead of Expiration
Natural gas futures rebounded on Monday, bolstered by lower production readings and trader positioning ahead of the front-month contract’s expiration. At A Glance: NGI models 84 Bcf draw Production at 103 Bcf/d Weather demand evades Coming off back-to-back losses to close out the prior week, the March Nymex gas futures contract settled at $1.659/MMBtu, up…
February 27, 2024
March Natural Gas Futures Rally as Production Dips, Expiry Looms; Spot Prices Slip
Natural gas futures rebounded on Monday, bolstered by lower production readings and trader positioning ahead of the front-month contract’s expiration. At A Glance: NGI models 84 Bcf draw Production at 103 Bcf/d Weather demand evades Coming off back-to-back losses to close out the prior week, the March Nymex gas futures contract settled at $1.659/MMBtu, up…
February 26, 2024
Weekly Natural Gas Cash Prices, Futures Surrender to Mother Nature’s Meek Winter Disposition
Weekly natural gas spot prices trended lower as soft weather-driven demand overshadowed fresh signs of lower production and more output cuts to come. NGI’s Weekly Spot Gas National Avg. for the holiday-shortened February 20-23 trading period fell 23.5 cents to $1.550. Leading cash price decliners for the week included Southern Border, PG&E in the West,…
February 23, 2024
Natural Gas Futures Succumb to Lofty Supply, Benign Weather; Cash Prices Cascade
Natural gas futures gave up more ground on Friday, hindered by robust supplies and exceptionally mild late-winter weather conditions. At A Glance: Heating demand fades Production remains high Storage surplus increases Coming off a 4.1-cent decline the previous session, the March Nymex gas futures contract on Friday fell another 12.9 cents day/day and settled at…
February 23, 2024
Momentum Proves Elusive for March Natural Gas Futures
Natural gas futures flopped on Thursday after a government inventory report showed underground supplies surged to more than 20% above historical norms. At A Glance: EIA prints 60 Bcf withdrawal Production near 103 Bcf/d Weather forecasts bullish Following a nearly 20-cent spike the day before, the March Nymex gas futures contract on Thursday settled at…
February 23, 2024
As Storage Surplus Swells, Natural Gas Futures Fall and Spot Prices Sputter
Natural gas futures flopped on Thursday after a government inventory report showed underground supplies surged to more than 20% above historical norms. At A Glance: EIA prints 60 Bcf withdrawal Production near 103 Bcf/d Weather forecasts bearish Following a nearly 20-cent spike the day before, the March Nymex gas futures contract on Thursday settled at…
February 22, 2024
March Natural Gas Futures Falter Following Paltry Storage Print
Utilities withdrew 60 Bcf of natural gas from storage for the week ended Feb. 16, the U.S. Energy Information Administration (EIA) reported Thursday. The result missed expectations, fell far short of the five-year average draw of 168 Bcf and added to downward pressure on Nymex natural gas futures. A few minutes ahead of the 10:30…
February 22, 2024
Signs of Production Declines Send Natural Gas Futures, Cash Prices Into Rally Mode
Prompt month natural gas futures rallied for only the second time in two weeks on Wednesday, gaining ground on lower production data and vows from a key player to drop rigs and cut output to help align currently robust supplies with modest winter demand. At A Glance: Front month gains 19.7 cents Production slips to…
February 21, 2024
Natural Gas Futures, Cash Prices Renew Downward Slide Monday Amid Weak Demand
With production strong and demand fading, natural gas futures fell prey to price bears once again. At A Glance: NGI models 65 Bcf draw Benign weather in cards Production at 104 Bcf/d Coming off a 2.8-cent gain on Friday – but eight straight losses prior to that – the March Nymex gas futures contract settled…
February 21, 2024