Tc Energy Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For some time we've been concerned about competition for Marcellus/Utica gas coming from western Canada being piped to Canada's East Coast (see TC Energy Plan to Move Western Canadian Gas to East Coast Approved). TC Energy's (formerly TransCanada) plan to haul gas over 1,000 miles across the continent at steeply discounted rates seemed like it was working (see TC Energy Cuts Rates 3rd Time to Sell W. Canada Gas to New England). Maybe we worried for nothing. S&P Global Platts is reporting Canada's net imports of U.S. gas at the Dawn Hub have surged. Although multiple pipelines feed the Dawn Hub (in southwestern Ontario), there are two Marcellus/Utica pipelines that came online over the past year or so that send a lot of gas to Dawn Hub: Energy Transfer's Rover Pipeline (see M-U Gas Now Travels to Dawn Hub in Canada via Rover Pipeline), and DTE Energy/Enbridge's NEXUS Pipeline (see Yes! NEXUS Pipeline OK’d by FERC to Begin Service). The following artic ....

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