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Energy Market Update: February 6, 2017

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What are some recent regional natural gas developments? 

In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — discusses the latest from Aliso Canyon and the Rover natural gas pipeline expansion. 

Watch the video below to learn more. 

Aliso Canyon Update

Currently, there is a major question regarding the Aliso Canyon facility: will it operate with zero or partial injections? Even if it comes back at partial capacity (approximately 30 Bcf), the injection withdrawal rate may be significantly diminished. To date, the market has not taken Aliso Canyon in a bullish manner. 

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Rover Natural Gas Pipeline Expansion

FERC approved the Rover natural gas pipeline in early February with a target start date of November 2017. 

Stay tuned to the Direct Energy Business Blog for the latest energy market news and information. 

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Tim Bigler, Senior Market Strategist at Direct Energy Business, is a 30+ year veteran of the U.S. natural gas, electric, and oil market.

Posted: February 06, 2017