WTI: $73.35.
Thursday, August 22, 2024: 56 for the month; 112 for the quarter, 438 for the year
40393, conf, WPX, Missouri River 25-26HD,
39709, conf, Hess, TI-Larson-157-95-2536H-3,
39708, conf, Hess, TI-Larson -157-95-2536H-2,
24362, conf, Grayson Mill, Knight 35-26 4H,
Wednesday, August 21, 2024: 52 for the month; 108 for the quarter, 434 for the year
40392, conf, WPX, Missouri River 25-26HZ,
39900, conf, Liberty Resources, Elroy E 158-95-7-6-2MBH,
RBN Energy: soaring power needs drive gas demand in Virginia and Carolinas. Archived.
The Mountain Valley Pipeline (MVP) and planned expansions to it and the Transcontinental Gas Pipe Line (Transco) system are providing utilities, data centers and others in Virginia and the Carolinas with enhanced access to Marcellus/Utica-sourced natural gas — and man, will they need it! Plans for new generating capacity between Washington, DC and the South Carolina/Georgia state line are proliferating, and the increasing ability to move large volumes of gas south on MVP and Transco will give producers in Pennsylvania, West Virginia and Ohio an important incremental outlet for their gas well into the 2030s. In today’s RBN blog, we’ll discuss the boom in power demand in Virginia, North Carolina and South Carolina and the very timely expansion of gas-pipeline access to three states.
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