Examples of the enormous economic power of the Marcellus/Utica to influence the entire nation’s economy keep coming–almost daily it seems. Latest example: Kinder Morgan’s El Paso Pipeline Partners announced yesterday that not only has the most recent “open season” (when buyers and sellers of natural gas commit to using a pipeline in the future when it’s built) resulted in commitments for the original proposed expansion of 600 million cubic feet of natgas per day (Mmcf/d), they also have additional demand for another 400 Mmcf/d. That’s demand to deliver 1 billion cubic feet of natural gas per day (Bcf/d) to markets in Georgia, South Carolina and Florida.
And where, do you think, will the extra 1 Bcf/d of gas supplies come from? You guessed it: The Marcellus and Utica Shale…
