The news story I have linked to below outlines how the natural gas price differences in the US have evened out, because of increased pipeline capacity.  There are many “hubs” for natural gas around the US.  Natural gas in the Rocky Mountains area was much cheaper than the NorthEast or in Louisiana, where other major gas hubs are, as there was not enough pipelines to get it out to more heavily populated markets. 

But now with the new multi-billion dollar Rockies Express pipeline, which carries gas from the Colorado to Ohio, that gas can find a ready market.  I wrote an earlier article how the Rockies Express had displaced 10% of all Canadian production, which you can read here – http://tinyurl.com/l2r52w.  (Mainstream media did not pick up the story.)

This article in the Denver Post shows what some of the difference in gas prices used to be, and what they are now: http://tinyurl.com/yfajsmh

– — – — – — – SPECIAL OFFER – — – — – — – — – — – — – — – — – —  

Want to know which of my portfolio stocks have doubled – and I think

could double again in 2010?  Sign up to be notified when I post a new

story, and I will send you my 9 page report on it – absolutely free!

– — – — – — – — – — – — – — – — – — – — – — – — – — – — – — – — –

Related posts:

1. New US Natural Gas Pipeline Displacing Canadian Gas; Impacting Prices for Producers
2. Will the US Need Canadian Natural Gas? Apache Hedges Its Bets
3. Just How Much Money Are Natural Gas Producers Losing Now (and what can they do about it?)
4. The Good News: Hope is Leaving the Natural Gas Market
5. Natural Gas Prices Remain Firm Despite Bearish News