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"The GOP warns that a price spike in New England is a result of federal regulation. The experts, however, sharply disagree."
"Companies that buy the electricity that power companies generate will, of course, prefer the lowest price. That should keep costs low, but it also means that if a company takes the risk of investing in a new pipeline, it might not be able to include that cost in the price of its gas – it could be too expensive....
So in fact, experts say, it isn't federal regulators to blame, it's the market. Demand for the lowest possible electricity prices has discouraged the construction of a new pipeline – and yet, that very project could help satisfy the soaring demand that's been spurred by historically low gas prices."
"The GOP warns that a price spike in New England is a result of federal regulation. The experts, however, sharply disagree."
Since your average Republican/Neo-Confederate/"Independent"/Libertarian won't click on the link but just buttslap the OP in all NFL style, agreeing with him, I guess I'll have to do it myself.
Quote:
The reason: gas prices are way down, and as a result, demand is way up – but the region’s two major natural gas pipelines are already practically filled to the brim, constricting supply and sending already-elevated rates ever higher.
“We’re a stranded region,” says Gilbert Metcalf, an economics professor at Tufts University. “We have a major bottleneck for getting natural gas into New England.”
That's the 2nd and 3rd paragraphs from the article.
sudo tar -xvcf major_thread_fail.tar.gz
sudo make major_thread_fail.run
sudo make install major_thread_fail.run
sudo ./home/user/Desktop/major_thread_fail.run
Originally Posted by gretsky99
Yea Al Gore and Leonard DiCaprio..
This shows that you still haven't read your own link.
Quote:
Originally Posted by theunbrainwashed
No, not really. A Tufts University economics professor disagrees with your absurd claim
Other experts (in the link) who disagree with the OP's claim:
- Peter Abt, managing director of oil and gas planning at Black and Veatch, an engineering, construction and industry consulting firm.
- Greg Crisp, a general manager at Spectra Energy, which owns one of the two major pipelines serving New England.
- Kimberly Watson, a president at Kinder Morgan Energy Partners, which owns the other of New England's two pipelines
"The GOP warns that a price spike in New England is a result of federal regulation. The experts, however, sharply disagree."
"Companies that buy the electricity that power companies generate will, of course, prefer the lowest price. That should keep costs low, but it also means that if a company takes the risk of investing in a new pipeline, it might not be able to include that cost in the price of its gas – it could be too expensive....
So in fact, experts say, it isn't federal regulators to blame, it's the market. Demand for the lowest possible electricity prices has discouraged the construction of a new pipeline – and yet, that very project could help satisfy the soaring demand that's been spurred by historically low gas prices."
This is what it looks like when someone puts their foot in their mouth... LOL...
More Electricity Price Increases to Come from EPA Regulations
Quote:
expect higher electricity prices from existing and proposed EPA regulations as they go into effect. The Obama Administration presses on with a platform of policies whose ultimate end is the destruction of the nation’s coal industry.
You are quoting the "Institute for Energy Research" - a right wing Heritage Foundation type "research" firm funded by Koch Industries.
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