Rising tide of Permian gas fuels price volatility in Texas Gulf Coast market

The looming startup of Kinder Morgan’s Permian Highway Pipeline expansion is promising to bring a flood of additional supply to the East Texas gas market, adding to recent price volatility there. Over the past five weeks, gas basis prices along the Texas Gulf Coast have been on something of a rollercoaster, fueled by a late third-quarter startup of the MPLX… The looming startup of Kinder Morgan’s Permian Highway Pipeline expansion is promising to bring a flood of additional supply to the East Texas gas market, adding to recent price volatility there. Over the past five weeks, gas basis prices along the Texas Gulf Coast have been on something of a rollercoaster, fueled by a late third-quarter startup of the MPLX… Read More