Gulf Coast LNG Causing NatGas Prices to Remain High
Prices for natural gas along the U.S. Gulf Coast may not, on the surface, have much to do with the Marcellus/Utica--but they do. The price gas is selling for along the Gulf Coast is important because M-U molecules flow to that region to feed petrochemical plants and (more importantly) LNG export facilities. S&P is reporting even though there's been a big storage build along the Gulf Coast for natural gas, prices remain extremely high in the region. Why? LNG exports...
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