Saturday, May 6, 2017

Northeast Urgently Needs More Pipelines -- IER -- May 6, 2017

At the sidebar at the right, this story from IER (dynamic link at the sidebar at the right): the northeast urgently needs more pipelines.
  • Northeast residents pay 29 percent more for their natural gas than the U.S. average, and 44 percent more for their electricity.
  • Six of the 10 states where residents pay the highest prices for electricity in the country are New England states, with Connecticut, Rhode Island, Massachusetts and New Hampshire all above 16 cents per kilowatt hour (national average is 10.42 cents per kilowatt hour)
  • Industrial users in the Northeast pay more than double for their natural gas than the U.S. average, and 62 percent more for electricity.
That's alright. Industry is moving in droves to Texas. The US is quite a country:
  • west coast: technology
  • midwest: breadbasket
  • Great Lakes: dairy
  • Texas-Louisiana: manufacturing and energy
  • southeast: manufacturing
  • Florida: retirement
  • New England: banking

2 comments:

  1. Re gas pipelines ...
    A short (100 mile) pipeline bringing gas to the Buffalo, NY area from northwest PA was denied permission from NY authorities.
    The pipelines owner, NFG, is the biggest utility in that area and is suing to overturn the denial.
    The situation overall has gotten so bad that there is preliminary legislative activity in DC to have the federally authorized FERC completely bypass state entities in approving interstate gas pipeline construction.

    Increasing power interruptions are starting to arise in those areas and they are years away from being able to effectively address this issue.

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  2. I would agree -- that on these essential, interstate pipelines the Federal government has got to sort this out. Can you imagine if states decided to set their own rules and tolls for all the various interstate highway systems, for example banning 18-wheelers in Virginia or Florida or California?

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