13 Feb '18, 7pm

Even the natural gas industry says that new pipelines aren't needed. @NRDC's Amy Mall explains:

Some proponents of new pipelines point to the recent cold snap and claim that more fracked gas pipeline capacity is needed to meet winter spikes in natural gas demand. However, the facts don’t back this up. Even in 2014, when the infamous “Polar Vortex” occurred, additional pipelines were not needed. On January 22, 2014, gas prices in the mid-Atlantic region exceeded $100/dekatherm when the 2014 average was only $4/dekatherm. Power prices reached $1000/MWh, when the 2014 average was $40/MWh. But the increased fracked gas prices weren’t due to too few pipelines. There was unused capacity on several pipelines supplying the region from production areas in the Marcellus and Utica basins. Rather, the price spike was the result of pipeline owners being allowed to restrict gas flow on their pipelines. They are not required to accept frequent changes in the amount or timing of gas...

Full article: https://www.nrdc.org/experts/amy-mall/natural-gas-industr...

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