January 29, 2016

New Pipelines Help Stabilize Price for Natural Gas

A new report out from the U.S Energy Information Administration (EIA) shows how expanding pipeline infrastructure is helping create a more predictable, regional price for natural gas. Existing infrastructure around the Marcellus and Utica Shale formations dates back to a different energy era when foreign imports supplied a majority of our oil and natural gas needs.

Today we are in a much different situation with an abundant supply of natural gas being locally produced across Pennsylvania, West Virginia and Ohio more than capable of meeting our energy needs. That said, we lack the necessary pipeline infrastructure to bring these resources to market, with the EIA report noting that current pipeline capacity is unable to accommodate increasing production levels and consumer demand.

Whether you are a farmer in Michigan, small business owner in Ohio or single mom in West Virginia it is fair to say that we can all benefit from greater energy cost stability. New infrastructure projects such as the Rover Pipeline will allow for greater access to affordable, domestically produced natural gas for generations to come.