TETCO Pipeline Restart Boosts M-U NatGas Cash Prices
In June MDN brought you the news that Enbridge’s Texas Eastern Transmission (TETCO) pipeline was being flow-restricted by the Pipeline and Hazardous Material Safety Administration (PHMSA). Some 40% of the Marcellus/Utica molecules that flow through TETCO’s pipeline to destinations in the southeastern U.S. disappeared and were predicted to stay that way until the end of September (see TETCO Pipe Throttling 40% of M-U Southbound Gas to Last All Summer). However, Enbridge and PHMSA concluded their investigation early and the pipeline returned to full pressure in early August, some two months ahead of schedule (see TETCO Pipeline Returns to Full Pressure This Week – 2 Mo. Early). With TETCO back to full strength and with gas storage down this summer, the price of natural gas at various trading hubs around the M-U is high and staying high.
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What’s happening with New Fortress Energy’s (NFE) proposed LNG liquefaction plant planned for Wyalusing, PA? We told you in March the company hasn’t given up on the plan, but for now is focused elsewhere (see 
Chester County, PA commissioners are, once again, attempting to instill irrational fear into county residents over the construction and operation of the Mariner East 2 (ME2) pipeline. ME2 runs hundreds of miles across the state, from eastern Ohio all the way to the Marcus Hook refinery near Philadelphia. The pipeline runs through Chester on its way to Marcus Hook. Chester commissioners are preparing to pay big bucks to hire a consultant to help the county draw up emergency plans for the pipeline in case it blows up or leaks. It’s a scare tactic. “The sky is falling!” MDN friend Garland Thompson has written a cogent and devastating response to an article highlighting news of the commissioners’ attempt to amplify people’s fears about ME2. His response offers the bigger (and truer) picture about ME2 safety.
In March 2020, just as the COVID-19 pandemic was beginning to enter the public consciousness, some 500 people from labor unions and industry met in Pittsburgh to launch an organization called Pittsburgh Works Together (PWT), dedicated to fighting back against those who want to end southwest PA industries including steel, natural gas, and petrochemicals (see 
It’s that time of year again. Annual maintenance along pipelines that feed several major U.S. liquefaction (LNG) facilities will negatively impact gas deliveries to some terminals over the next six weeks according to notices to customers. Pipelines that serve the Cove Point, Maryland LNG facility and the Sabine Pass, Louisiana facility will be affected. Marcellus/Utica gas flows to both facilities.
The latest weekly Enverus U.S. rig count shows total rigs in use faltered slightly and lost ground. For the week ending August 26, the rig count stood at 621, down 3 rigs from the previous week. That’s a slight retreat after last week’s new post-pandemic high. The Marcellus and Utica plays stayed even with the previous week–no rigs gained or lost. Collectively the M-U currently operates 45 rigs.
MARCELLUS/UTICA REGION: Murphy shouldn’t stop NJ homes & businesses from having access to affordable, reliable natural gas; GO-WV unveils specialty WV license plate design; NATIONAL: House Democrats seek more oil drilling bans; New contracts inch North American LNG projects closer to FID; US LNG exports climb this week; Ex-fracker at Walmart reveals one risk to U.S. oil supply growth.