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Saturday, December 17, 2016

CAVE Dwellers -- December 17, 2016

I had no plans to link this story over at PennEnergy. These stories are a "dime-a-dozen," and frankly, getting a bit tiresome and trivial. This is the headline: Northeast Ohio gas pipeline opponents vow to delay project.
Northeast Ohio residents who have tried to get a natural gas pipeline moved away from their communities are vowing to engage in delay tactics after a federal agency dismissed their suggested alternate routes.
Opponents say they will not allow surveys or sell easements for the $2 billion NEXUS Gas Transmission project unless ordered to do so by a court.
"I will stand my ground, as everyone else is standing, until all of our resources and options are exhausted," said Medina County resident Jon Strong, who has helped lead the effort to reroute the pipeline the last 2 ½ years.
The 255-mile-long line would carry gas from Appalachia across northern Ohio and into Michigan and Canada. Most of the high-pressured line would be in Ohio. Construction is slated to begin by March.
But then I received this note from a reader:
New England spot price approached $300/ MWh this morning, coincident with oil fueled generation kicking in at about 9:00 a.m. 
Absolutely hard to believe they are a short car ride away from the biggest natgas source on the planet.
New England spot price can be followed at ISO Express. $30 / MWh is the "right price" when one is just hours away from the Marcellus / Utica.

For the archives, the US is in experiencing one of the coldest winter storms on record, winter storm Decima. Boston recorded its coldest December 16 in 133 years. Algore is updating his PowerPoint presentation.


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