Pipelines, Storage & Power

Transco price to rise despite growing Marcellus output

Prospects for above-average temperatures in the northeastern US in early August will support the Transco Z6 price in New York Prospects for above-average temperatures in the northeastern US in early August will support the Transco Z6 price in New York.
By Abhishek Kumar 26 July 2017 0 26937

Above-average temperatures in the northeastern United States during the summer have tested the resilience of the region’s gas prices to seasonal demand, and the Transco Z6 price in New York is no exception. While low gas stock levels in East Region (ER) of the US are promoting bullish price sentiments, forecasts for warmer temperatures in early August will also support prices in the region. Gas prices in the ER will receive a boost over the coming weeks, even though the output from shale plays such...