21 November 2022 | Other

Serious leak of natural gas on a Pennsylvanian facility is liquidated

According to Equitrans Midstream Corp., the leak of natural gas that occurred at the Rager Mountain Storage facility in Jackson was liquidated on Monday. According to preliminary and conservative estimates, 100 MMcf/d had been bursting. BloombergNEF data says that total emissions were approximately 15,800 to 20,300 metric tons of methane.

A gas leak in Pennsylvania lasted 11 days. The owner says more than a billion cubic feet of fuel were released into the atmosphere. 

The largest gas leak in the US occurred in 2015 in Aliso Canyon, Los Angeles, which was owned by a division of Sempra Energy. Then 97,100 tons of gas were emitted into the atmosphere.

The leak of gas in Pennsylvania shows the risk related to its output. Many fossil fuel companies are positioning natural gas as an alternative to coal. Although gas burns cleaner than coal, this advantage is meaningless if a large amount of gas is released into the atmosphere. There, the heating capacity of gas is 84 times higher than that of coal.

Methane is the main component of natural gas. Since the industrial revolution, it has been responsible for 30% of global temperature rise. Scientists believe that stopping emissions and leaks from gas production is one of the easiest ways to fight global warming.



Company MarketCheese
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 81
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 102
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 78
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 83
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 112
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 129
Go to forecasts