Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mewzilla

Convenient....blow up Nordstream 1 & 2, then replace the gas with US produced product.


8 posted on 05/23/2023 6:01:29 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: Erik Latranyi

That is exactly what happened. However, the trickle down effect made electric rates in parts of New England double in price.
This is because electric utilities up in MA/NH became dependent on cheap natural gas coming into northeast ports in liquid natural gas form. This is because proposed pipelines from PA were all defeated.

So, when the LNG sellers had the option to ship it across the Atlantic and sell it for 5X higher than they were selling it to other domestic ports the gas went there. Plus shipping LNG from TX/LA to MA has to be done on US ships according to the Jones Act. This also makes it more expensive to ship within the USA.

Eversource, the largest electric utility in New England, raised their KHW rate in NH from $.11 to $.22 in August of 2022. So, we got that goin for us.


9 posted on 05/23/2023 6:29:32 AM PDT by woodbutcher1963
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson