Alliance pipeline won�t lower US gas prices, analyst said.

With natural gas prices at about $10/Mcf compared with $2.44 a year ago, Canadian gas flowing into the US on the new Alliance pipeline won�t help push prices down, said Marshall Adkins, analyst with Raymond James & Associates. Industry observers had expected that new pipeline capacity into the US would bring new resources to the market and keep prices reasonable. He also warns not to expect much near term relief from Canada despite the added pipeline capacity.

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