TC Energy sending record natural gas shipments to freezing Texas CEO Francois Poirier said the company’s employees in Texas kept the pipelines flowing despite trying personal circumstances
Author of the article: Geoffrey Morgan
Publishing date: Feb 18, 2021 • February 18, 2021 • 4 minute read • TC Energy owns an extensive gas pipeline network in the U.S. that extends from gas-rich Pennsylvania and Ohio to the southern states of Louisiana and Oklahoma, allowing the company to move huge volumes of natural gas into and around the U.S. Photo by File
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CALGARY – TC Energy Corp. has been moving a record amount of natural gas through the United States which is mired in a deep freeze that has caused a spike in commodity prices and also roiled the country’s power markets.
Jerry Jones-Owned Gas Driller Hits Jackpot on Price Surge
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TC Energy sending record natural gas shipments to freezing Texas
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Jerry Jones gas company hits jackpot with surge during Texas power outages
Sergio Chapa, Bloomberg
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FILE: Jerry Jones, owner of the Dallas Cowboys, looks on before the game against the Washington Football Team at FedExField on October 25, 2020 in Landover, Maryland. (Photo by Patrick McDermott/Getty Images)Patrick McDermott/Getty Images
(Bloomberg) The natural gas producer owned by Dallas billionaire Jerry Jones is cashing in on a surge in prices for the fuel as a brutal freeze grips the central U.S., leaving millions without power.
Comstock Resources Inc. has been able to sell gas from its Haynesville Shale wells in East Texas and northern Louisiana at premium prices since Thursday. As demand jumps amid the cold, gas at some regional hubs has soared past $1,000 per million British thermal units.
Natural Gas Prices Plunge 99% in Oklahoma as Supply Recovers
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