New Englanders Are Fed Up With High Energy Prices

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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.”

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