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FERC published a favorable draft environmental impact statement for Transco's Northeast Supply Enhancement Project, which would add 400,000 Dth/d for New York City-area customers. FERC staff concluded that impacts would be reduced to less-than-significant levels with mitigation, and comments are accepted through May 14.
The project adds pipeline capacity to a constrained Northeast market, which could ease regional gas price spikes over time. The approval step has little immediate effect on prices.
naturalgasintel.comDavid BradleyMar 26, 2018After 13 past neutral policy events, Natural Gas moved a median -1.3% over 5 sessions (46% higher; middle half -4.9% to +2.7%), and +2.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
