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Posted May 22, 2019 Today in Energy

Con Edison limits natural gas service due to pipeline constraints into New York City area ›

In January 2019, Consolidated Edison, Inc., (Con Edison)—the largest utility provider in the New York City area, serving 10 million customers—announced a moratorium on new natural gas connections in most of Westchester County, effective March 16. Demand for natural gas in the New York City area has increased in recent years, leading to concerns about reliability of service. Con Edison claimed it cannot guarantee uninterrupted service to new natural gas connections. Between the announcement of the moratorium and its start on March 16, Con Edison received 1,600 applications for firm natural gas service in the moratorium area. Customers on firm natural gas service contracts have delivery priority above those on interruptible contracts. More

natural gas pipeline infrastructure for NYC and Westchester county

Source: U.S. Energy Information Administration

Data Highlights

WTI crude oil futures price

5/21/2019: $62.99/barrel

up$1.21 from week earlier
down$9.25 from year earlier

Natural gas futures price

5/21/2019: $2.613/MMBtu

down$0.046 from week earlier
down$0.197 from year earlier

Retail gasoline price

5/20/2019: $2.852/gal

down$0.014 from week earlier
down$0.071 from year earlier

Crude oil inventories

5/17/2019: 476.8 million barrels 

up4.7 million barrels from week earlier
up38.6 million barrels from year earlier

Weekly coal production

5/11/2019: 13.688 million tons

down0.649 million tons from week earlier
down0.319 million tons from year earlier