Northeast US to face gas shortages in winter

Federal Energy Regulatory Commission (FERC) Chairman Rich Glick said that the northeastern United States is facing gas supply disruptions this winter, according to a press release from the organization.

Source: tass.com

“According to the assessment, all regions have adequate resources for a normal winter. But it is important to recognize regions that may experience extreme weather. In New England, generating capacity is sufficient, but fuel shortages will continue to pose a challenge to the region during the winter,” he said.

According to the source, rising demand for natural gas, especially for its export, as well as lower-than-usual natural gas reserves indicate that prices will be higher than last year.

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