Submitted by DogDaze100 t3_zz4zq7 in wallstreetbets
bodaflack t1_j2bvrhq wrote
You are very regarded. Pipeline companies don't make the basis on phys deliveries, shippers do.
DogDaze100 OP t1_j2bwzds wrote
They do not under normal circumstances, however they do have contracts that require delivery, during periods of high demand, they can and do negotiate with those contract holders to limit their supply, and in turn profit from the redirection of gas.
bodaflack t1_j2dthpo wrote
They almost certainly did not have spare capacity outside their firm transport agreements to ship anything themselves. If anything they are more at risk during extreme weather events. Good luck! You could make money, but you'll do it for the wrong reasons.
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