Today New Englanders have reason to feel a little more … European than usual.
in a generation, have been suffering in recent months. To put it in context, $30.5 per mmBtu is the equivalent of paying $180 for a barrel of oil , or 20 cents per kilowatt-hour for electricity. In other words: nuts.
How much are Bostonians getting shafted on natural gas? By comparison, the spot price of gas on the Gulf Coast of Texas and Louisiana yesterday was $5.50 per mmBtu . This price spread is exceptionally wide, nearly unprecedented. But it’s easily explained — by theJust 200 miles to the south, beneath western Pennsylvania, lay the nation’s biggest gas field — the Marcellus shale. From practically nothing 15 years ago, the Marcellus now provides roughly a third of America’s gas supply,.
But very little Marcellus gas flows to New England, because NIMBYs and their politicians have blocked construction of pipelines. Yet the region still relies on cleaner-burning gas to fuel power plants. Over the weekend, when New England was walloped by snow, its power grid was running 37% natural gas, 22% oil, 22% nuclear, 11% renewables, 6% hydro power, and less than 1% coal.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Blizzard of '22 produces hurricane-force winds, dumps feet of snow in New EnglandSnow totals of 12-24 inches were observed along the New Jersey shores, across Long Island and into Rhode Island, Connecticut, Rhode Island, and eastern Massachusetts.
Baca lebih lajut »
Why Am I So Excited About Willow, the White House’s New Cat?Willow first met Jill Biden while she (the first lady, not the cat) was giving a stump speech on a farm in Pennsylvania.
Baca lebih lajut »
What is turnip cake and why is it a popular Lunar New Year dish?Unlike some dishes that only make a brief appearance at Lunar New Year celebrations for auspicious reasons, turnip cake is too delicious to only be served once a year. One of Hong Kong's top chefs shares his favorite recipe for this tasty dish.
Baca lebih lajut »
Why it’s time for a new Stargate seriesIn the age of streaming wars and big nostalgic comebacks, there might be room for a new Stargate series, especially now that Amazon controls its destiny.
Baca lebih lajut »
New live channel from ABC7 offers local news, weather, new morning news showOur new 24/7 live stream gives everyone access, 24 hours a day, to the news they need from the people they trust. Find it on the ABC7 Bay Area streaming app or ABC7 News app.
Baca lebih lajut »