GREY:PENFF - Post by User
Comment by
wintersun10on Sep 29, 2012 8:52am
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Post# 20427388
RE: Nat gas
RE: Nat gas
By Naureen S. Malik - Sep 26, 2012 4:44 PM ET
Natural gas pipelines coming into service by year end may boost deliveries from the Marcellus shale deposit in the U.S. Northeast by 30 percent, extending a supply glut that helped send prices to decade lows.
As much as 2 billion cubic feet of gas a day are set to flow from the lines in Pennsylvania, Ohio and West Virginia, bound for markets along the Eastern Seaboard, based on government and pipeline-company projections. About 1,000 Marcellus shale wells sit uncompleted, mainly because of a lack of pipeline infrastructure, according to the Energy Department.
https://www.bloomberg.com/news/2012-09-26/natural-gas-pipelines-to-expand-u-s-supply-glut-energy-markets.html