Natural gas and electricity prices?

[dvcgirl67]

There is no single news source I totally believe or even totally disbelieve. The state of “journalism” across the board is pretty pathetic. I trust some sources more than others but still verify information across multiple sources, if it’s something important to me. Most of it is just noise though.

Fair points on the state of journalism overall.

 

[mousefan73]

There is no single news source I totally believe or even totally disbelieve. The state of “journalism” across the board is pretty pathetic. I trust some sources more than others but still verify information across multiple sources, if it’s something important to me. Most of it is just noise though.

. I think the issue is that people are no longer able to differentiate what is actual journalism and just opinion show. Or someone grandstanding. Journalism is still strong and reliable. I just feel that many people consume Contant that is not really journalism; but thinks its news. I mean reading through Twitter or Truth Social it’s not news. Watching cable news morning shows interviews where they’re interviewing politicians is not news. It’s interviewing people grandstanding their agenda.

My advice stick to local news at the top of the hour in the evening. Read any AP written press and foreign press.

 

[Pea-n-Me]

I really don’t think we need any ‘lessons’ on news.

People are quite capable of judging for themselves how we got where we are today.

 

[HeatherC]

Well I just read that New England states have a very difficult time getting Natural gas even though it is produced here due to the Jones Act. Apparently, that prohibits the transportation of any goods between states unless the ship is built in the country and owned by U.S. citizens. Massachusetts Governor is now trying to get Washington to suspend it for the winter. This makes more sense to me now. Hopefully, they will get it suspended.

Here is the article if anyone is interested.
https://www.wcvb.com/article/massac...-on-hunt-for-energy-aid-sept-27-2022/41404660

 

[Pea-n-Me]

Well I just read that New England states have a very difficult time getting Natural gas even though it is produced here due to the Jones Act. Apparently, that prohibits the transportation of any goods between states unless the ship is built in the country and owned by U.S. citizens. Massachusetts Governor is now trying to get Washington to suspend it for the winter. This makes more sense to me now. Hopefully, they will get it suspended.

Here is the article if anyone is interested.
https://www.wcvb.com/article/massac...-on-hunt-for-energy-aid-sept-27-2022/41404660

I also saw this, @HeatherC

https://www.sentinelandenterprise.c...tch-sentinel-enterprise&utm_content=automated

 

[tvguy]

. I think the issue is that people are no longer able to differentiate what is actual journalism and just opinion show. Or someone grandstanding. Journalism is still strong and reliable. I just feel that many people consume Contant that is not really journalism; but thinks its news. I mean reading through Twitter or Truth Social it’s not news. Watching cable news morning shows interviews where they’re interviewing politicians is not news. It’s interviewing people grandstanding their agenda.

My advice stick to local news at the top of the hour in the evening. Read any AP written press and foreign press.

Very well put.
However, Journalists need to step up their game. A year into retirement from TV News, what is going on today wouldn't have cut it when I got into the business in 1975.
And viewers need to step up their game. Bubba in his basement on YouTube or Facebook probably isn't a source to be trusted.

 

[EACarlson]

My advice stick to local news at the top of the hour in the evening. Read any AP written press and foreign press.

The AP has slanted so far it's almost vertical, and many of my local news reports about anything not local is based on AP reporting. Agree with the foreign press, most of them still actually practice journalism.

 

[tvguy]

Well I just read that New England states have a very difficult time getting Natural gas even though it is produced here due to the Jones Act. Apparently, that prohibits the transportation of any goods between states unless the ship is built in the country and owned by U.S. citizens. Massachusetts Governor is now trying to get Washington to suspend it for the winter. This makes more sense to me now. Hopefully, they will get it suspended.

Here is the article if anyone is interested.
https://www.wcvb.com/article/massac...-on-hunt-for-energy-aid-sept-27-2022/41404660

CNN just did a story on the Jones act. Puerto Rico wants an emergency exemption to replenish oil supplies after the Hurricane. Washington is saying no. So not sure they are going to be inclined to give an exemption to New England for natural gas.
An exemption WAS given to Alaska last year so cruise ships could go there without stopping in Canada as their foreign port. The difference is, it would have been impossible for that industry to operate without the exemption. In New England and Puerto Rico, getting the Natural Gas and Oil is possible without an exemption. It's just more expensive.

 

[HeatherC]

CNN just did a story on the Jones act. Puerto Rico wants an emergency exemption to replenish oil supplies after the Hurricane. Washington is saying no. So not sure they are going to be inclined to give an exemption to New England for natural gas.
An exemption WAS given to Alaska last year so cruise ships could go there without stopping in Canada as their foreign port. The difference is, it would have been impossible for that industry to operate without the exemption. In New England and Puerto Rico, getting the Natural Gas and Oil is possible without an exemption. It's just more expensive.

So ridiculous. Puerto Rico definitely needs it and New England and other cold states could sure use it. Really Don;t care much for Washington…..ANY of them!

 

[Cannot_Wait_4Disney]

Well I just read that New England states have a very difficult time getting Natural gas even though it is produced here due to the Jones Act. Apparently, that prohibits the transportation of any goods between states unless the ship is built in the country and owned by U.S. citizens. (Edited by CW4D Massachusetts is trying to get it suspended for the winter.) This makes more sense to me now. Hopefully, they will get it suspended.

Here is the article if anyone is interested.
https://www.wcvb.com/article/massac...-on-hunt-for-energy-aid-sept-27-2022/41404660

I took the liberty of editing out a mention of a politician from your post
We have a 2.5 million mile pipeline system that delivers natural gas in the United States. The Jones act does not apply to any natural gas going state to state via the pipeline system. The vast supermajority of the natural gas we import also comes via pipeline from Canada and so again, that's not subject to the Jones act. So what would the Jones act affect. Well if you wanted to carry LNG from one U.S. port to another. Um ok but we're talking MA here. What do we know about LNG imports. 60% of them go through.....
EVERETT MA. And as that is imported directly from abroad, the Jones act doesn't apply. So they've got plenty unless they completely underestimate and their stockpiled supplies of LNG run out If anything, other U.S. ports might need to get it from MA.
So all in all when it comes to the Jones act and natural gas, repealing it won't change the price in MA one iota.

 

[MICKIMINI]

Well I just read that New England states have a very difficult time getting Natural gas even though it is produced here due to the Jones Act. Apparently, that prohibits the transportation of any goods between states unless the ship is built in the country and owned by U.S. citizens. Massachusetts Governor is now trying to get Washington to suspend it for the winter. This makes more sense to me now. Hopefully, they will get it suspended.

Here is the article if anyone is interested.
https://www.wcvb.com/article/massac...-on-hunt-for-energy-aid-sept-27-2022/41404660

Thank you for posting. How do we get into these crazy situations? Winter comes every year right?

 

[MICKIMINI]

I took the liberty of editing out a mention of a politician from your post
We have a 2.5 million mile pipeline system that delivers natural gas in the United States. The Jones act does not apply to any natural gas going state to state via the pipeline system. The vast supermajority of the natural gas we import also comes via pipeline from Canada and so again, that's not subject to the Jones act. So what would the Jones act affect. Well if you wanted to carry LNG from one U.S. port to another. Um ok but we're talking MA here. What do we know about LNG imports. 60% of them go through.....
EVERETT MA. And as that is imported directly from abroad, the Jones act doesn't apply. So they've got plenty unless they completely underestimate and their stockpiled supplies of LNG run out If anything, other U.S. ports might need to get it from MA.
So all in all when it comes to the Jones act and natural gas, repealing it won't change the price in MA one iota.

That port also supplies northern New England. We are in NH and about one hour north. We don't have access to pipeline gas in much of rural New England.

 

[RamblingMad]

Maybe we should have caps like the UK:

https://news.sky.com/story/energy-p...need-to-know-about-your-higher-bills-12680016

But then folks would call that stuff socialist and then complain about paying more.

We live in a screwed up world.

 

[tvguy]

Maybe we should have caps like the UK:

https://news.sky.com/story/energy-p...need-to-know-about-your-higher-bills-12680016

But then folks would call that stuff socialist and then complain about paying more.

We live in a screwed up world.

You don't have caps on what utilities can charge over what they pay for natural gas. HOWEVER, if the world price for gas has gone up like it has, it doesn't help.

 

[RamblingMad]

You don't have caps on what utilities can charge over what they pay for natural gas. HOWEVER, if the world price for gas has gone up like it has, it doesn't help.

We already have high inflation. The last thing anyone wants is even higher utility bills.

 

[Cannot_Wait_4Disney]

That port also supplies northern New England. We are in NH and about one hour north. We don't have access to pipeline gas in much of rural New England.

1. Well if a particular rural house doesn't have access to piped in natural gas, it isn't using natural gas. And that has more to do with a local utility or lack thereof than lack of state access to the system. And in fact, the system is connected right to the facilities in Everett.
2. I verified that yes, New Hampshire, Massachusetts, Maine, Vermont, and New York all have access to natural gas pipelines.
3 In none of those cases does the Jones act come into much play if any.

 

[amylevan]

1. Well if a particular rural house doesn't have access to piped in natural gas, it isn't using natural gas. And that has more to do with a local utility or lack thereof than lack of state access to the system. And in fact, the system is connected right to the facilities in Everett.
2. I verified that yes, New Hampshire, Massachusetts, Maine, Vermont, and New York all have access to natural gas pipelines.
3 In none of those cases does the Jones act come into much play if any.

A rural house having access to natural gas isn’t really the problem. A lot of New England’s electricity is made from natural gas. There aren’t enough pipelines carrying natural gas to New England (because pipelines are bad). So electric companies rely on LNG. Pipeline gas is not LNG (both natural gas, yes, but not in the same form). LNG arrives by ship.

Electric producers must then pay global prices for LNG, in turn having to bump up their product price (electricity) to cover the cost.

 

[dvcgirl67]

Maybe we should have caps like the UK:

https://news.sky.com/story/energy-p...need-to-know-about-your-higher-bills-12680016

But then folks would call that stuff socialist and then complain about paying more.

We live in a screwed up world.

I'm not so sure we should follow anything the U.K. is doing right now.....they find themselves in a serious pickle on about ten fronts right now. Their new PM and her team have been on the job for about 3 weeks and she's already in deep, deep trouble.

 

[Dakota731]

So we just learned our local electric company (National Grid) will be raising prices by 64% here in Massachusetts due to the increase in Natural gas prices used to make the electricity.

My confusion or rather frustration is that we are the world’s biggest producer of natural gas with 32 states producing it. I totally understand world markets affecting things along with the war in Ukraine etc.. Why, however, if we are producing it here in the US are the prices for us so high? I can understand it being higher for other countries to import it, but we produce it. Shouldn’t we be getting a better rate for it? Kind of along the same lines of oil being cheaper for those in Saudi Arabia, etc..

What am I missing?

Pretty simple answer - powers in charge now have cut production in the US

 

[Dakota731]

We should learn from Germany who tried to bow to the climate change crowd and look at the mess they are in. They are thinking about opening up coal plants (dirtiest form of energy) again since their energy crisis is at a breaking point now
https://quillette.com/2022/07/14/germanys-energy-catastrophe/amp/