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[Members in The News] Volatility Returns to the Natural Gas Market (Burton Energy)

June 23, 2021 8:00 AM | EMA Staff (Administrator)

(June 23, 2021) - Earlier this month, Enbridge Inc.’s Texas Eastern Transmission unit (TETCO) announced that its natural gas pipeline from Pennsylvania to Mississippi could be operating at reduced pressure until late third quarter, reducing flow to nearly 1 bcf per day, down from 1.9 bcf per day in May.

This news came along with increasing temperatures for the 5-day forecast with increased cooling demand expected, especially in the West and Texas. Traders have been focused on the logistical concerns to meet increasing demand and prices have reached their highest level in more than 7 months.

Read more here: http://www.theenergytrail.com/volatility-returns-to-the-natural-gas-market-2/

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