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Kevin Dobbs

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.

Kevin Dobbs's avatar

Senior Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

Chevron Goes Big on Natural Gas, Oil Production as Global Demand Rises

Chevron Goes Big on Natural Gas, Oil Production as Global Demand Rises

Chevron Corp. generated company-record natural gas and oil production in 2023, punctuating a broader U.S. industry trend. American gas and crude output both reached all-time highs last year and remained elevated early this year as exploration and production (E&P) companies were striving to meet mounting global demand, even amid soft near-term prices. Chevron said it…

February 2, 2024
February Natural Gas Bidweek Prices Mixed Amid Demand Downshift, Production Hits

February Natural Gas Bidweek Prices Mixed Amid Demand Downshift, Production Hits

Strengthening but still lower production intersected with spring-like weather during February bidweek trading. Natural gas prices varied by region as a result, with swaths of the country impacted by lower supply and posting gains, and others reporting declines amid waning heating demand. Fresh concerns about the durability of the United States’ increasingly prominent LNG export…

February 1, 2024
Fed Keeps Borrowing Costs High, Maintaining Wildcard for Natural Gas Infrastructure Development, Prices

Fed Keeps Borrowing Costs High, Maintaining Wildcard for Natural Gas Infrastructure Development, Prices

Federal Reserve (Fed) policymakers on Wednesday, citing the resilience of the U.S. job market and broader economy, left interest rates at elevated levels. This, in turn, could deter borrowing and new investment at a time when natural gas producers are bracing for long-term growth to meet a surge in global LNG demand. At issue: The…

February 1, 2024
Massive Withdrawal, Volatile Natural Gas Prices Punctuate Potential Storage Development Needs

Massive Withdrawal, Volatile Natural Gas Prices Punctuate Potential Storage Development Needs

The whopping 326 Bcf of natural gas that utilities pulled from storage in the third week of January amplified concerns that capacity may prove inadequate in coming years as U.S. production further escalates to meet global LNG demand. “As the size of North America’s gas market has ballooned in recent years, storage capacity expansions have…

January 26, 2024
Kinder Morgan Chairman Amplifies Bullish Natural Gas Outlook, Sees ‘No Chance’ of Global Demand Decline

Kinder Morgan Chairman Amplifies Bullish Natural Gas Outlook, Sees ‘No Chance’ of Global Demand Decline

Kinder Morgan Inc. (KMI) executives trumpeted expectations for robust long-term natural gas demand and U.S. supply growth, both for domestic use and a coming surge in LNG exports from the Gulf Coast to meet mounting global energy needs. “The natural gas story has real legs. We don’t think there’s any question about that,” said Richard…

January 25, 2024
Mexico, LNG Exports Driving Bullish Natural Gas Outlook for Kinder Morgan

Mexico, LNG Exports Driving Bullish Natural Gas Outlook for Kinder Morgan

Kinder Morgan Inc. (KMI) said its natural gas pipeline and storage business expanded substantially late in 2023 and is poised for continued growth in the year ahead. It expects to capitalize on robust natural gas production and expectations for exponential growth in export demand in the back half of the decade. The Houston-based midstream giant…

January 23, 2024
Volatility Poised to Permeate Natural Gas Futures, Spot Prices Through Winter

Volatility Poised to Permeate Natural Gas Futures, Spot Prices Through Winter

Natural gas futures and cash prices surged early in the new year – bolstered by a barrage of winter freezes and production hits – then flopped amid forecasts for a return to benign weather and uncertainty about the trendline for supply. Several analysts expect the rollercoaster ride to endure – at least for the near…

January 23, 2024
Natural Gas Storage Still Stout, but Declines in Midwest and East to Accelerate

Natural Gas Storage Still Stout, but Declines in Midwest and East to Accelerate

Utilities still have an abundance of natural gas in underground storage from which to draw upon for winter heating needs – even after back-to-back triple-digit storage pulls to start the new year. Supplies in both the East and Midwest, though, are shrinking and poised to further dwindle following the frigid cold shots of mid-January that…

January 19, 2024
Kinder Morgan CEO Says Strong Natural Gas Production, Long-Term Export Demand Fuel Bullish Outlook

Kinder Morgan CEO Says Strong Natural Gas Production, Long-Term Export Demand Fuel Bullish Outlook

Kinder Morgan Inc. (KMI) said its natural gas pipeline and storage business expanded substantially late in 2023 and is poised for continued growth in the year ahead. It expects to capitalize on robust natural gas production and expectations for exponential growth in export demand in the back half of the decade. The Houston-based midstream giant…

January 18, 2024
Natural Gas Storage Surplus to Dwindle in Wake of Brutal Cold Shots, Production Paralysis

Natural Gas Storage Surplus to Dwindle in Wake of Brutal Cold Shots, Production Paralysis

Underground inventories of natural gas, until recently projected to finish winter at historically high levels, are widely expected to drop in coming government readings, a reflection of an extreme weather shift and huge hits to production. Frigid blasts of Arctic air spilled into the Lower 48 late last week and spread across the country. The…

January 17, 2024