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
Natural Gas Futures, Cash Prices Trade Sideways Amid Strong Demand
Coming off a 56.0-cent sell-off to close out last week’s trading, natural gas futures on Monday shrugged off recent bearish developments and reversed course, trading in positive territory most of the day. Still, futures lost momentum late, despite seasonally stout cooling demand forecast for this week, and the October Nymex gas futures contract settled at…
September 20, 2022
Leading North American Natural Gas Marketers Post 2Q2022 Gains Amid Demand, Price Spikes
Top North American natural gas marketers reported stronger overall sales volumes for the second quarter as production gathered momentum in response to strong consumption and prices. A multitude of enduring demand drivers could fuel momentum through this year and into next, marketers and traders say. The 24 gas marketers included in the latest NGI Top…
September 20, 2022
Natural Gas Futures, Cash Prices Fail to Sustain Fresh Momentum
Coming off a 56.0-cent sell-off to close out last week’s trading, natural gas futures on Monday shrugged off recent bearish developments and reversed course, trading in positive territory most of the day. Still, futures lost momentum late, despite seasonally stout cooling demand forecast for this week, and the October Nymex gas futures contract settled at…
September 19, 2022
Natural Gas Futures, Spot Prices Nosedive as Production Holds Strong
Natural gas futures floundered a second consecutive day on Friday as markets continued to digest a bearish storage report, looming fall weather and an averted railroad strike that could have snarled supply chains and wreaked havoc across the U.S. economy. The October Nymex natural gas futures contract settled at $7.764/MMBtu, down 56.0 cents day/day. A…
September 19, 2022
Weekly Natural Gas Prices, Futures See-Saw in Wild Trading Stretch
Natural gas cash prices both soared and plummeted during the week that ended Sept. 16 in volatile late-summer trading. When the dust settled at the close of a news-heavy five-day span, spot prices landed in negative territory. NGI’s Weekly Spot Gas National Avg. for the Sept. 12-16 period shed 19.5 cents to $7.670. Natural gas…
September 16, 2022
Natural Gas Futures Fall Further as Market Braces for Potential Triple-Digit Storage Injection
Natural gas futures floundered a second consecutive day on Friday as markets continued to digest a bearish storage report, looming fall weather and an averted railroad strike that could have snarled supply chains and wreaked havoc across the U.S. economy. The October Nymex natural gas futures contract settled at $7.764/MMBtu, down 56.0 cents day/day. A…
September 16, 2022
Natural Gas Futures, Cash Prices Nosedive to End Win Streak
Natural gas futures snapped a five-day rally and plunged in Thursday trading. The October Nymex gas futures contract fell 79.0 cents day/day and settled at $8.324/MMBtu after officials said a railway strike had been avoided and the latest government inventory report proved bearish. The prompt month had jumped 83.0 cents on Wednesday, the biggest gain…
September 16, 2022
Natural Gas Futures Plummet After Negotiators Avert Railway Strike, EIA Prints Bearish Storage Print
Natural gas futures snapped a five-day rally and plunged in Thursday trading. The October Nymex gas futures contract fell 79.0 cents day/day and settled at $8.324/MMBtu after officials said a railway strike had been avoided and the latest government inventory report proved bearish. The prompt month had jumped 83.0 cents on Wednesday, the biggest gain…
September 15, 2022
Natural Gas Prices Surge Wednesday Across Futures, Cash Markets
Boosted by late-season heat, domestic storage concerns and robust global demand, natural gas futures on Wednesday rallied for a fifth-straight session. The October Nymex gas futures contract spiked 83.0 cents day/day and settled at $9.114/MMBtu, marking its biggest jump in the latest bull run. November gained 83.3 cents to $9.167. At A Glance: BREAKING: U.S.…
September 15, 2022
Bearish Storage Injection Adds Downward Pressure on Cascading Natural Gas Futures
The U.S. Energy Information Administration (EIA) reported an injection of 77 Bcf natural gas into storage for the week ended Sept. 9. The result came in above median estimates and added pressure to already slumping Nymex natural gas futures. The build kept inventories below average levels, but analysts on the online energy platform Enelyst said…
September 15, 2022