Wow, Wow, Wow -- Another Natural Gas Story -- Hess

It is amazing what $105 oil and a nuclear disaster will do to fast track fossil fuel interest.

New Jersey fast tracks three new natural gas power plants.

New natural gas-fired power plants proposed by NRG Energy Inc, Hess Corp and Competitive Power Ventures moved closer to reality on Tuesday under New Jersey's long-term capacity pilot program, the New Jersey Board of Public Utilities said.

The three facilities, with capacity totaling 1,949 megawatts, were the first selected to obtain 15-year contracts under a controversial state law designed to encourage new power-plant construction by offering developers long-term, ratepayer-subsidized contracts.

Whatever happened to wind?