Natural gas customers are cruising down the road buoyed by historically low natural gas commodity prices, but around the corner lurks the toll of higher costs of pipeline transportation. Despite a competitive supply market, all consumers will see their bills rise. The nation will rely increasingly on expensive new pipelines while its low-cost pipelines require billions of capital improvements to remain safe and operational. And there is reason to worry that some of this new investment will become stranded if liquefied natural gas (LNG) export markets fail to materialize, so that captive consumers could be asked to pick up the tab.
Click to read full article: The Rising Cost of Natural Gas Transport