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United States Natural Gas ETF Message Board

  • eskimo_pie22 eskimo_pie22 Nov 21, 2013 10:50 AM Flag

    whimpy weather

    it wasnt even that cold last week and we get a decent draw. whats gonna happen when it gets real cold?where is all this gas going?

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    • Its going from New York to New Jersey according to the EIA, Gas pipeline expansions reduce Marcellus backup, New York gas prices As reported in October, natural gas pipeline expansions were slated to add nearly 1 billion cubic feet per day (Bcf/d) of capacity to flow gas to markets in New York and New Jersey on November 1. These expansions happened on schedule, increasing access for consumers in the New York City metropolitan area to natural gas produced in the Appalachian Basin's Marcellus Shale play. This has resulted in lower gas prices for New York consumers, and has eased supply backup in the Marcellus Basin.

    • cfh64@sbcglobal.net cfh64 Nov 21, 2013 11:09 AM Flag

      Not even that cold? What weather are you looking at Eskimo? The high in Dallas is supposed to be 35 on Sunday. It's in the 20's and low teens across the PNW and plains states and 30's and 40's in the NE with another cold front on the way. It's also in the negatives in the Dakotas, WY and ID. I don't know what your definition of cold is but that seems pretty chilly to me.

 
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