Year
The PAL and HUB Cashout amount for November, 2017 is $3.03 as
listed in the table below:
Month
|
PAL and
HUB Cashout Price/Dth =
Monthly
Average
New York City Gate
Price ($)
|
November 2017
|
3.03
|
October 2017
|
2.46
|
September 2017
|
2.19
|
August 2017
|
2.28
|
July 2017
|
2.49
|
June 2017
|
2.48
|
May 2017
|
2.81
|
April 2017
|
2.83
|
March 2017
|
3.97
|
February 2017
|
3.05
|
January 2017
|
3.80
|
December 2016
|
4.57
|
Please refer to the Park and Loan (PAL) and HUB rate schedule in
Iroquois’ FERC Gas Tariff for further details about PAL and HUB Cashouts.
The PAL and HUB Credit Multiplier, as of November 1, 2017, is $3.00 and is a
12-month average of the prices listed in the table above.
Please refer to section 3 (Requests for Service/Credit Evaluation)
of the General Terms and Conditions in Iroquois’ FERC Gas Tariff for further
details about PAL creditworthiness alternatives (such as prepayment or
providing a letter of credit).
For more information, contact Helena Clancy at helena_clancy@iroquois.com.
|