Nymex contract soars while US is ‘effectively abandoning’ Marcellus Shale as resource with end of pipeline

Tuesday, 28 September 2021

The US front-month New York Mercantile Exchange natural gas price soared to seasonal record heights before expiration as the nation saw the cancellation of one of the key infrastructure projects, the PennEast Pipeline, linked to future demand in the US Northeast for natural gas from the Marcellus Shale Basin.


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Last modified on Tuesday, 28 September 2021 07:38
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