The experts at RBN Energy are back with another great article about pipelines in the Marcellus/Utica. This one takes a look at pipeline projects recently completed, and those that will get completed by March 2018. RBN says if you add them all together–the projects that were launched into service since last winter or will be online by the end of this winter, it amounts to a staggering 6.7 billion cubic feet per day of Marcellus/Utica gas flowing to other regions. Which regions? “Almost 3.0 Bcf/d of the incremental capacity versus last winter is designed to flow gas west from Ohio into the Midwest market; another 3.4 Bcf/d or so to the Gulf Coast via Ohio and the final 400 MMcf/d (from Atlantic Sunrise) to the Southeast via the Atlantic Coast.” The overall point of the article: natural gas prices nationally are going nowhere fast. At least, they aren’t going up any time soon. We are awash in new supplies of natural gas. Perhaps Marcellus/Utica prices will drift up a bit as the gas exits our region, but more likely prices in other regions will come down more than our prices will go up. That’s the upshot. Here’s the details…
