Snarled Pipes, Cold Weather Send Western US Cash Prices Soaring

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Pipeline constraints were already expected to goose western US gas prices this month. But colder-than-normal weather exacerbated the bottlenecks this week, sending prices from Southern California to the Pacific Northwest to the Rocky Mountains skyrocketing, some as high as $50-plus per million Btu.

Gas Prices, Gas Pipelines, Gas Supply, Gas Demand, Gas Inventories
Wanda Ad #2 (article footer)
FERC appears to be smoothing the way for approval of some gas pipeline and LNG projects — specifically expansion — by forgoing the most restrictive environmental reviews.
Fri, Feb 3, 2023
The deal will likely benefit both parties as they look to compete for upcoming FLNG projects across Africa.
Mon, Feb 6, 2023
Forecasts predicting subzero temperatures with wind chills as low as minus 50° constrained New England’s gas supply on all sides.
Fri, Feb 3, 2023