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, Physical Prices Power Ahead and Extend Late Summer Rally
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: Demand drivers…
September 14, 2022
Domestic Crude Production Holds Even as Demand Eases; OPEC Sends Mixed Signals
U.S. oil output was flat for a third consecutive week as demand fell amid increasing consternation about a looming economic recession, U.S. Energy Information Administration (EIA) data released Wednesday showed. Production for the period ended Sept. 9 was even with the previous two weeks at 12.1 million b/d, EIA said in its Weekly Petroleum Status…
September 14, 2022
October Natural Gas Futures Post Fourth Consecutive Gain
Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…
September 14, 2022
Natural Gas Futures, Cash Prices Continue Rally as Cooling Demand Lingers
Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…
September 13, 2022
Natural Gas Futures Post Another Gain Amid Precarious Storage Situation
Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…
September 13, 2022
Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns
Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…
September 12, 2022
October Natural Gas Futures Eke Out Another Price Gain Friday
Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits. The October Nymex gas futures contract settled at $7.996/MMBtu, up 8.1 cents day/day. It marked a second consecutive advance. November rose…
September 12, 2022
Natural Gas Futures, Weekly Cash Prices Wobble as Production Climbs, Fall Weather Nears
Weekly natural gas cash prices gave up substantial ground amid rising production and near-term forecasts for mild temperatures across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 6-9 period dropped $1.010 to $7.865/MMBtu. Cash prices fell each of the holiday trading week’s four sessions. The period was abbreviated because…
September 9, 2022
Natural Gas Futures Forge Ahead, but Sustained September Momentum Proves Elusive
Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits. At A Glance: Weather demand forecast to wane ‘Fear’ lingers about threat to exports Production holds near 2022 high The October…
September 9, 2022
October Natural Gas Futures Find Fresh Momentum Following Bullish Inventory Report
After steep drops the three prior sessions, natural gas futures bounced back Thursday, as traders digested a bullish inventory report – relative to historic norms – that reminded how strong demand proved over the bulk of summer. The October Nymex gas futures contract climbed 7.3 cents day/day and settled at $7.915/MMBtu. November gained 7.0 cents…
September 9, 2022