Major U.S. Utilities Consider Selling Natural Gas Distribution Networks

Major U.S. Utilities Consider Selling Natural Gas Distribution Networks

OilPrice.com

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As Democratic lawmakers and governors ramp up efforts to ban gas hookups in new buildings, two large U.S. utilities are considering selling part of their gas pipeline networks, The Wall Street Journal reported on Thursday, quoting sources with knowledge of the plans. Dominion Energy and National Grid plc are deliberating potential divestments of part of their gas transmission systems as the “gas stove wars” have intensified and towns and cities across the U.S. are considering banning gas hookups for home appliances in new buildings.…

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