Monday, January 20, 2025

LNG And NG -- This Pretty Much Says It All -- January 20, 2025

Locator: 44727LNG.

Link here. Normally, LNG/NG makes up a much higher percentage of "resource mix" for electricity. Note: 21% of the resource mix is oil! New England abuts the largest source of natural gas in the United States, and possibly in the world, but the New Englanders don't like pipelines.


But what happened to all that LNG/NG? From oilprice:

And, of course,  a few other factors, some of which are related to Biden's policies with regard to fossil fuels.

So, altogether, this is what it's costing New England: trending toward $200 / MWh:

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