Jeremiah Shelor joined NGI in 2015 after covering business and politics for The Exponent Telegram in Clarksburg, WV. He holds a Master of Fine Arts in Literary Nonfiction from West Virginia University and a Bachelor of Arts in English from Virginia Tech.
Archive / Author
SubscribeJeremiah Shelor
Articles from Jeremiah Shelor
Natural Gas Forwards Slide as Pipe Maintenance Impacts West Texas Outlook
Amid continued downward pressure from excess storage inventories, and with cooling demand yet to ramp up in earnest, regional natural gas forwards drifted lower during the April 25-May 1 trading period, according to NGI’s Forward Look. June fixed prices at Henry Hub exited the period at $1.939/MMBtu, down 4.6 cents week/week. In line with the…
Natural Gas Futures Rally Back Above $2 as Freeport Flows Strengthen — MidDay Market Snapshot
Buoyed by higher volumes flowing to a major export terminal and continued production weakness, natural gas futures were rallying through midday trading Thursday. Here’s the latest: June Nymex futures up 10.4 cents to $2.036/MMBtu as of 2:25 p.m. ET, back in line with Monday’s close Production off to slow start for May, estimates show Wood…
As Market Prepares to Digest Storage Report, Natural Gas Futures Pare Losses Early
As traders prepared to digest a potential surplus-trimming result from the latest government inventory data, natural gas futures rebounded in early trading Thursday. The June Nymex contract was up 3.9 cents to $1.971/MMBtu as of 8:51 a.m. ET, clawing back a good chunk of the previous session’s 5.9-cent decline. Pre-report estimates were pointing to a…
Natural Gas Futures Retreating as Pressure Felt from Plump Storage — MidDay Market Snapshot
Facing bearish headwinds from mild weather, weak physical market pricing and stubbornly elevated storage inventories, natural gas futures were retreating through midday trading Wednesday. Here’s the latest: June Nymex futures off 5.6 cents to $1.935/MMBtu as of 2:10 p.m. ET Market expectations coalescing around a slightly lighter-than-average injection Thursday This week’s U.S. Energy Information Administration…
Selling Continues for Natural Gas Futures Early Amid LNG Weakness
With LNG demand weakness countering a retreat in domestic production in updated estimates, natural gas futures continued to slide in early trading Wednesday. Coming off a 3.9-cent sell-off in Tuesday’s session, the June Nymex contract was down another 6.2 cents to $1.929/MMBtu at around 8:45 a.m. ET. Wood Mackenzie estimates put first-of-month production at 97.1…
Eyes on Freeport as Natural Gas Futures Seeing Momentum Swings — MidDay Market Snapshot
Uncertainty around demand at the Freeport LNG terminal had natural gas traders on a bumpy ride through midday Tuesday. Modest gains earlier in the session gave way to a steep sell-off shortly before lunchtime on the East Coast. Here’s the latest: June Nymex futures off 4.2 cents to $1.988/MMBtu as of 2:11 p.m. ET Front…
June Natural Gas Adds to Gains as Production Dips Further in Estimates
Natural gas futures were trading higher at the front of the curve early Tuesday as updated estimates offered further evidence of declining springtime production volumes. Coming off a 10.7-cent rally on Monday, the June Nymex contract was up 1.3 cents to $2.043/MMBtu at around 8:50 a.m. ET. Estimates from Wood Mackenzie as of early Tuesday…
Natural Gas Futures Rallying as Freeport Volumes Return — MidDay Market Snapshot
With recovering flows to the Freeport LNG terminal bringing out the bulls, natural gas futures were rallying through midday trading Monday. Spot prices were climbing off the lows recorded for delivery over the weekend. Here’s the latest: June Nymex futures up 9.3 cents to $2.016/MMBtu as of 1:58 p.m. ET With slow stochastics “in extreme…
LNG Uptick, Production Weakness Nudge Natural Gas Futures Higher Early
Natural gas futures clawed back some of their recent losses early Monday as soft production and hints of strengthening export demand supported prices. Coming off a 6.3-cent sell-off in Friday’s session, the June Nymex contract was up 2.3 cents to $1.946/MMBtu at around 8:45 a.m. ET. The May contract rolled off the board late last…
Natural Gas Forwards Mostly Lower as MVP Startup Impacts Summer Pricing
With excess storage inventories continuing to hang over the market through the shoulder season, natural gas forwards declined notably at the front of the curve for most regions during the April 18-24 trading period, data from NGI’s Forward Look show. May fixed prices at benchmark Henry Hub exited the period at $1.653/MMBtu, down 6.1 cents…