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 Spike, Approach $9 on Global Supply/Demand Squeeze
Natural gas futures climbed higher on Tuesday – after surging nearly 80 cents over the two prior sessions – bolstered by sustained heat in the U.S. South and West, as well as deepening European supply distress amid the fallout of Russia’s war in Ukraine. The August Nymex gas futures contract gained 26.6 cents day/day and…
July 27, 2022
U.S. Oil Production Bounces Back to 2022 High
American crude production rebounded last week, returning to its 2022 peak level just as President Biden visited Saudi Arabia to urge the Kingdom to ramp up Middle East output. After reaching a 2022 high of 12.1 million b/d in June, U.S. output fell to 11.9 million b/d for the period ended July 15. That marked…
July 27, 2022
Heat Wave, Russian Retaliation and Energy Turmoil in Europe Fuel Natural Gas Futures Rally
Natural gas futures climbed higher on Tuesday – after surging nearly 80 cents over the two prior sessions – bolstered by sustained heat in the U.S. South and West, as well as deepening European supply distress amid the fallout of Russia’s war in Ukraine. The August Nymex gas futures contract gained 26.6 cents day/day and…
July 26, 2022
Natural Gas Futures Mount More Momentum on Supply Fears, Enduring Demand
Natural gas futures powered further ahead on Monday as summer demand held strong and global supply challenges festered. The August Nymex gas futures contract settled at $8.727, up 42.8 cents day/day. September gained 37.6 cents to $8.571. The bull run followed a 36.7-cent prompt month advance on Friday. NGI’s Spot Gas National Avg. climbed 19.5…
July 26, 2022
Strong Demand, Inconsistent Production Launch Natural Gas Futures Above $8.70
Natural gas futures powered further ahead on Monday as summer demand held strong and global supply challenges festered. The August Nymex gas futures contract settled at $8.727, up 42.8 cents day/day. September gained 37.6 cents to $8.571. The bull run followed a 36.7-cent prompt month advance on Friday. NGI’s Spot Gas National Avg. climbed 19.5…
July 25, 2022
Festering Heat Forges Another Natural Gas Futures Rally
Natural gas futures flexed some pricing muscle on Friday on the heels of a solidly bullish storage report and a shift hotter in an already sizzling late-summer weather outlook. The August Nymex gas futures contract gained 36.7 cents day/day and settled at $8.299/MMBtu to close the week. September advanced 38.0 cents to $8.195. At A…
July 25, 2022
Natural Gas Futures Fly Back Above $8 Amid Relentless Heat, Storage Concerns
Natural gas futures flexed some pricing muscle on Friday on the heels of a solidly bullish storage report and a shift hotter in an already sizzling late-summer weather outlook. The August Nymex gas futures contract gained 36.7 cents day/day and settled at $8.299/MMBtu to close the week. September advanced 38.0 cents to $8.195. At A…
July 22, 2022
Natural Gas Futures See-Saw in Wake of Anemic Storage Print
Oppressive heat and an anemic storage injection that fell far short of expectations powered natural gas futures higher much of Thursday, extending a rally and pushing the prompt month firmly above the $8 threshold. However, traders took profits late in the session and the August Nymex gas futures contract settled at $7.932, down 7.5 cents…
July 22, 2022
Natural Gas Futures Rally Loses Steam Despite Bullish Storage Print, Weather Outlook
Oppressive heat and an anemic storage injection that fell far short of expectations powered natural gas futures higher much of Thursday, extending a rally and pushing the prompt month firmly above the $8 threshold. However, traders took profits late in the session and the August Nymex gas futures contract settled at $7.932, down 7.5 cents…
July 21, 2022
Natural Gas Futures, Spot Prices Soar as Summer Heat Sizzles
Natural gas futures flew higher for the third time in four sessions as oppressive heat across most of the Lower 48 kept air conditioners cranking, and festering supply challenges in Europe bolstered the demand outlook for U.S. exports. At A Glance: BREAKING: U.S. EIA reports only 32 Bcf of natural gas was injected into storage…
July 21, 2022