Polar Vortex Sends Some Northeast Gas Prices $30-$60 Higher, Puts Pipes on Alert

摘要

Arctic temperatures sweeping much of the country in a Polar Vortex strained pipeline throughputs and pushed natural gas spot prices to record highs in the Northeast. Transco Zone 6 non-NY next-day prices shot higher by $59.76 to average $70.66/MMBtu, while Transco Zone 5 increased by $61.27 to average $72.43/MMBtu, according to NGI’s Daily Gas Price Index. High prices Monday recorded at Transco Zone 5 ($99), Transco Zone 6 non-NY ($95) and Transco Zone 6 NY ($88) were the three highest prices ever recorded by NGI nationwide (see related story).