Pipeline Approvals Could Put A Ceiling On Gas Prices

March 2017, Vol. 244, No. 3

By Charles Kennedy, Oilprice.com

Two new pipelines to be built over the next 12-18 months are likely to bring down natural gas prices on the U.S. market just when they were starting to rise more consistently. While this is good news for consumers, it is not so welcomed news for producers, who might have to start thinking about finding new markets. The pipelines in question are Atlantic Sunrise, a project of Williams Partners, and Energy Transfer Partners’ Rover. The two got the greenlight from the Federal Energy Regulatory Commission last week and became cause for celebration for producers in the Utica…

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