From the front of the business section in today’s New York Times, “Utilities Turn From Coal to Gas, Raising Risk of Price Increase.”
WASHINGTON — Stymied in their plans to build coal-burning power plants, American utilities are turning to natural gas to meet expected growth in demand, risking a new upward spiral in the price of that fuel…[snip]
But North American supplies of natural gas will be flat or declining in coming years, according to the Energy Information Administration. The United States already has high natural gas prices, a problem for homeowners and many industries, like chemical and fertilizer producers. Some experts fear a boom in gas demand for electricity generation will send prices even higher.
New YorkConnecticut Attorney General Richard Blumenthal, a news release:
Media-Newswire.com) – Attorney General Richard Blumenthal, in a filing today, said that New York cannot grant Broadwater Energy an easement in Long Island Sound for its proposed massive liquefied gas terminal because the company has provided inaccurate and incomplete information.
From The Daily Astorian, Oregon, “Bradbury says LNG is ‘dirty’.”
Oregon Secretary of State Bill Bradbury opposes liquefied natural gas development in Oregon. He thinks LNG would take the state “180 degrees in the wrong direction.”From Associated Press, “Mass.: Lawmakers Work to Halt LNG Plan.“
BOSTON – Fall River Mayor Robert Correia says his cash-strapped city will spend whatever it takes to prevent construction of a liquefied natural gas terminal on their shore, while the company pushing the plan said it may ultimately take its case to court.
Every one of these officials is endorsing higher natural gas prices, financially stressed consumers, and declining U.S. competitiveness.
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