- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
New Englanders Are Fed Up With High Energy Prices
Posted on 11/18/22 at 8:40 am
Posted on 11/18/22 at 8:40 am
quote:
Energy consumers and utilities in New England are growing annoyed with high energy prices and the prospect of a shortage this winter because of record U.S. gas exports to Europe.
The Financial Times reports that executives from local utilities have been calling for government assistance to prevent the squeeze, and have slammed the Jones Act for preventing more gas from reaching the Northeast coast.
The Jones Act, a wartime legislation from a century ago, prohibits non-U.S.-flagged vessels from delivering goods between U.S. ports. This means that no LNG tanker can move gas from the Gulf Coast to New England because there are no U.S.-flagged LNG tankers in the world.
“You would think that charity would begin at home?.?.?.?that American fuel would go to American ports,” Joe Nolan, chief executive of Eversource Energy, told the FT in an interview. “We’re going to have to compete just like everybody else — in the global market.”
Aggravating the energy security problem for New Englanders is the fact that a lot of them use heating oil to heat their homes during winter. Heating oil, like other middle distillates, is in short supply right now. This has driven bills higher, in some cases much higher, the WSJ reported earlier this week.
Even blackouts are not out of the question for the region, the WSJ said in an earlier report from October, citing the grid operator of New England, ISO New England Inc. According to the company, if the winter happens to be colder than usual, the scarcity of gas supply could strain the grid and potentially necessitate blackouts.
“The most challenging aspect of this winter is what’s happening around the world and the extreme volatility in the markets,” Vamsi Chadalavada, ISO New England’s chief operating officer, told the WSJ. “If you are in the commercial sector, at what point do you buy fuel?”
LINK
Posted on 11/18/22 at 8:41 am to ragincajun03
You get what you VOTE for
Posted on 11/18/22 at 8:41 am to ragincajun03
As they pull the lever for the Potato In Chief
This post was edited on 11/18/22 at 8:42 am
Posted on 11/18/22 at 8:44 am to ragincajun03
Its ok, I'm sure the government will be sending them checks soon to pay for it. Just print more money.
Posted on 11/18/22 at 8:44 am to ragincajun03
Scruffy has zero fricks to give.
Posted on 11/18/22 at 8:44 am to ragincajun03
Wait, the high energy prices they just voted for, or the high energy prices they will vote for in 2024?
Posted on 11/18/22 at 8:47 am to ragincajun03
Apparently not high enough to change their voting habits.
Posted on 11/18/22 at 8:47 am to Ace Midnight
quote:
Wait, the high energy prices they just voted for, or the high energy prices they will vote for in 2024?
And, from what I've heard, places like MA have laws that ban installation of pipelines.
Posted on 11/18/22 at 8:47 am to ragincajun03
I remember a catch phrase from decades ago when folks who produced hydrocarbons had to wait in gas lines with folks who produced words and taxes.
:Let the Bastards freeze in the Dark
:Let the Bastards freeze in the Dark
Posted on 11/18/22 at 8:48 am to ragincajun03
Let the bastards freeze in the dark
Posted on 11/18/22 at 8:48 am to ragincajun03
If only there was a president who wanted to take care of America first.
Posted on 11/18/22 at 8:59 am to ReasonableGuy
quote:
You get what you VOTE for
So why do we have so many people bitching about shitty Louisiana and moving out? I thought they wanted that?
Posted on 11/18/22 at 9:00 am to ragincajun03
quote:
New Englanders Are Fed Up With High Energy Prices
No they're not.
Posted on 11/18/22 at 9:01 am to ragincajun03
quote:
Aggravating the energy security problem for New Englanders is the fact that a lot of them use heating oil to heat their homes during winter. Heating oil, like other middle distillates, is in short supply
Also expensive af
Posted on 11/18/22 at 9:07 am to Areddishfish
Maybe Uncle Festermann will come to the rescue.
Popular
Back to top
Follow TigerDroppings for LSU Football News