US Natural Gas Prices - A Barrel Full

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US Natural Gas Prices

abarrelfull wrote on 10 Aug 2010 08:14
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I came across a very interesting page, thanks to Shale Blog. Understanding Natural Gas Prices.

It is designed for consumers, so much of the information is a bit basic, but it has a map that shows how gas prices vary by state.

The states with the highest gas prices are those down the East coast of the country, presumably because their is not enough infrastructure to deliver the nations gas surplus to consumers in those states.

So any pipeline projects that address this, are likely to be a success.

A few projects that seem to be targeting this market are as follows

NYMarc Gas Pipeline Project is designed to bring Marcellus Shale supplies to the Hudson River Valley, Long Island, New York City and New England.
Texas Eastern Appalachia to Market Expansion Pipeline Project also plans to bring Marcellus Shale supplies to the Northeast United States.
The Marcellus to Manhattan Gas Pipeline is proposed by Millenium, as an expansion of its existing capacity in the North East

There are others of course, and there are also storage projects, which help guarantee supply. As consumers in these areas gain secure to natural gas, they will switch over, reducing demand for heating fuels and helping natural gas production companies to make a little more money.