Financial Times FT.com

US gas avoids capacity crunch

By Gregory Meyer in New York

Published: October 27 2009 18:27 | Last updated: October 27 2009 18:27

The US’s strained system for storing natural gas looks set to avoid a capacity crunch, helping the price of the volatile commodity to double since September.

Last summer traders said the underground network in which gas is banked for winter risked reaching capacity for the first time, potentially crushing cash prices if producers were forced to unload fuel.

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