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Insufficient pipelines hiked natural gas price in Northeast
Posted on 03/19/2014 7:18:22 PM PDT by SeekAndFind
New England's electric grid operator says a lack of pipelines is driving the price up for natural gas, and hiked wholesale electricity prices in the region by 55 percent last year.
ISO-New England said Tuesday that the average price of wholesale electric energy rose to $56.06 per megawatt hour, up from a historic low of $36.09 in 2012.
Natural gas is the predominant fuel used to generate the region's electricity, amounting to about 46 percent of generation in 2013. Wholesale power prices tend to track the price of natural gas.
(Excerpt) Read more at wtva.com ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: energy; gasprice; naturalgas; northeast; pipeline
Couldn’t happen to a nicer bunch of blue states.
posted on 03/19/2014 7:29:51 PM PDT
The ACORN/Obama resolution is it fine the energy company $1 billion then go golfing, shopping, or on vacation.
posted on 03/19/2014 7:30:29 PM PDT
(The problem with socialism is that you eventually run out of other people's money.)
Because Liberal NIMBY’s are terrified , horrified and paralyzed by the concept of
GASP! Pipelines! Oh the humanity!
Problem is, we all suffer from these Moron’s premises.
posted on 03/19/2014 7:32:51 PM PDT
Nuclear. CT gets about 50% of its power from Millstone. No reason other states can’t be the same. Build the planned 2nd Reactor at Seabrooke would be a good start.
posted on 03/19/2014 7:33:14 PM PDT
To: SeekAndFind; WXRGina
New England's electric grid operator says a lack of pipelines is driving the price up for natural gas
Remember, it's a pipeline. It can't raise prices. Or drive.
posted on 03/19/2014 7:43:58 PM PDT
(It is time.)
How many pipelines is optimal ?
posted on 03/19/2014 7:47:12 PM PDT
by Cyber Liberty
(H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
Prices will go way high if we start exporting natural gas to Ukraine. We’ll be the ones who pay for it. Just watch.
posted on 03/19/2014 7:50:13 PM PDT
To: Eric in the Ozarks; logitech
How many pipelines is optimal ?
He was joking--a take-off on the stupid Geico radio ads.
posted on 03/19/2014 7:53:04 PM PDT
(The Founding Fathers would be shooting by now.)
It’s a fair question, answered by free markets where ever they’re tried.
posted on 03/19/2014 9:46:48 PM PDT
(Free men are not equal. Equal men are not free.)
Prices will go way high if we start exporting natural gas to Ukraine.
Do you realize how many years it takes to build an LNG export terminal? And how little gas would move through them compared to the national consumption?
Do you understand how drastically natural gas drilling has fallen due to the production nearing the level of demand and little ability to export any surplus?
posted on 03/20/2014 5:06:20 AM PDT
(life is fragile, handle with prayer)
Local fracking would help in NY, but Andy Cuomo is too busy being a POS.
posted on 03/20/2014 5:51:30 AM PDT
(Try my coffee, first one's free..... Even robots will kill for it!)
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