Both have caused increased competition in certain pipeline markets and resulted in lower basis spreads in many locations. In addition, these new supply sources have narrowed seasonal gas price differentials, thus, impacting natural gas towards spreads and have also dramatically reduced the overall price of gas to levels not seen in years.Although gas price spreads between time periods have improved short-term and have positively impacted park and lending this year, they narrowed when looking at the future price curves.
Boardwalk Pipeline Partners, LP Management Discusses Q2 2012 Results - Earnings Call Transcript
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