Energy Market Update: October 30, 2017
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What is causing record natural gas production, and how will it impact 2018 prices?
In this week's Energy Market Update, Tim Bigler — Direct Energy Business Energy Strategist — focuses on Northeast natural gas production and upcoming pipeline projects.
Watch the video below to learn more.
Booming Natural Gas Production
With new pipeline expansions happening in the Marcellus/Utica region, there is a significant uptrend in natural gas production for the Northeast. Despite this record production, Q1 2018 should see stable gas prices.
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Pipeline Projects
Several Appalachian natural gas transportation projects are set to begin operations in the front half of 2018. This will allow natural gas to expand into regions where it will be in heavier demand over the next several years.
Stay tuned to the Direct Energy Business Blog for the latest energy market news and information.
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Posted: October 31, 2017
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