An Arctic blast juiced US natural gas prices to new highs for six days in a row. An overbought market stopped climbing in the face of an ever-growing surplus of gas such as the 13 Bcf/d expected from the Marcellus Shale by Christmas. Producers banking on exporting some of that surplus were cheered by federal regulators approving a huge pipeline interconnect with Mexico. Platts editors Stephanie Ritenbaugh, Chris Tremulis, Brian Scheid, and Rodney White discuss.
You might also be interested in a related podcast in which US petrochemicals editors delve into the outlook for the US methanol market, namely the factors driving up spot prices and the impact of the shale gas revolution.
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Gas Daily offers the most detailed coverage of natural gas prices at interstate and intrastate pipeline and pooling points in major U.S. markets. Gas Daily keeps you informed about complex state and federal regulations that affect competition in the gas industry. You will also learn about business-critical issues such as storage levels, pipeline projects, capacity sales, and company strategies