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
Big Implications Seen for U.S. Oil and Natural Gas Industry if Inflation Reduction Act Passes
The U.S. Senate passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the country’s economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years to…
August 10, 2022
U.S. Oil Production Rises, Demand Eases Even as Prices Decline
American crude production climbed to a fresh 2022 high last week in the wake of political prodding to boost output amid global supply/demand imbalances. However, domestic demand eased even as prices slid lower, leaving the outlook for U.S. output murky. Production for the week ended Aug. 5 climbed by 100,000 b/d to 12.2 million b/d,…
August 10, 2022
Why Is Inflation Reduction Act a Big Deal for Natural Gas, Oil Industries?
The U.S. Senate on Sunday passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years…
August 8, 2022
Amid Robust Natural Gas Demand, Targa Further Ramps Up Permian Expansion
Targa Resources Corp. plans to build a 275 MMcf/d natural gas processing plant in the Permian Basin, adding to a spate of projects in the prolific region aimed at meeting mounting demand — both domestically and globally. The Houston-based company is eyeing additional future projects in West Texas as well, executives said during the second…
August 8, 2022
Natural Gas Forwards Prices Vary by Region Amid Evolving Supply/Demand Outlook
Natural gas forwards prices were mixed, with mostly modest gains during the July 28-Aug. 3 trading period amid forecasts for minor easing in the intensity of summer heat through the middle of August, NGI’s Forward Look data show. Fixed price trading for September delivery at benchmark Henry Hub climbed 13 cents week/week to $8.135/MMBtu. That…
August 5, 2022
August ‘Hangover’ Creates Mixed Results for Natural Gas Forwards Prices
As forecasts pointed to some minor easing in the intensity of summer heat through the middle of August, natural gas forwards prices were mixed, with mostly modest gains during the July 28-Aug. 3 trading period, NGI’s Forward Look data show. Fixed price trading for September delivery at benchmark Henry Hub climbed 13 cents week/week to…
August 4, 2022
Energy Transfer Poised to Strike Deals to Sanction Lake Charles LNG This Year
U.S. pipeline giant Energy Transfer LP intends to secure deals for up to 14 million metric tons/year (mmty) of LNG exports prior to making a final investment decision (FID) on its planned terminal in Lake Charles, LA, executives said during the second quarter earnings call. Dallas-based Energy Transfer still expects the Lake Charles project to…
August 4, 2022
On Heels of Record Earnings, Enterprise Launches Permian Natural Gas, Oil Expansions
Enterprise Products Partners LP said Wednesday it would ramp up its infrastructure in the prolific Permian Basin to increase capacity and meet expectations of long-term demand for natural gas and other fossil fuels. The Houston-based company, alongside strong second quarter 2022 earnings, announced several new growth projects management said are necessary to keep pace with…
August 3, 2022
OPEC-Plus Dashes Biden’s Production Hike Hopes; U.S. Output Holds Even
OPEC-Plus, the consortium of global oil producers led by Saudi Arabia in partnership with Russia, agreed on Wednesday to only a modest increase in production next month. The decision suggests the cartel is focused more on the specter of declining demand amid recession warnings than on U.S. President Biden’s plea for greater output to address…
August 3, 2022
Williams CEO Says Robust Natural Gas Demand ‘Driving a Great Pipeline of Growth Opportunities’
The chief executive of Williams, a natural gas processing and transportation specialist, said mounting calls for LNG and robust summer cooling demand are driving exceptional activity levels on the Transcontinental Gas Pipe Line Co. (Transco) system, bolstering the company’s outlook. The past two months rank among the hottest Junes and Julys on record in the…
August 2, 2022