Unplanned Pipe Outage Near Boston Blocks M-U Gas, Spikes Prices

When you only have one main pipeline flowing natural gas from the prolific Marcellus Shale to your region, as does Boston, if that pipe has an outage for any reason, as the Algonquin Gas Transmission (AGT) has had, you're in trouble. AGT declared a force majeure (an unforeseen act of God) on the 26-inch line of its J System in Massachusetts. The outage in one particular section of the pipeline means "slashing nominations downstream of Trapelo to zero for the foreseeable future." Ouch. Guess what's happening to the price of natural gas at the Algonquin Citygates natgas trading hub? Through the roof.

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