New York Leadership

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dan_s
Posts: 34595
Joined: Fri Apr 23, 2010 8:22 am

New York Leadership

Post by dan_s »

New York is a very expensive place to live. Part of the reason that energy prices are so much higher there than for those of us fortunate to live in Texas is because their elected officials block every form of hydrocarbon based energy, without an alternative.

New York Post: Trump rescues NY from its self-inflicted natural-gas shortage
How’s this for unexpected irony: As New York pols move to choke their own economy by nixing new natural-gas supplies, President Trump is racing to the rescue. Trump last week signed two executive orders to help ease the way for new oil and gas pipelines and other energy projects. One, seemingly aimed squarely at New York, requires the Environmental Protection Agency to look for ways to make it harder for states to use the Clean Water Act to block pipelines. That’s an all-too-common tactic by Albany under Gov. Andrew Cuomo. The governor has been rejecting plans for pipelines in a bid to suck up to eco-fanatics, who demand an immediate end to the use of all fossil fuels, despite the lack of realistic alternatives. Parts of the state are already feeling the pain: In Westchester, Con Ed stopped taking new gas customers, citing concerns about a supply shortage. Without new gas supplies, it says, adding new customers could make it tough to serve current subscribers, particularly on cold days. National Grid might do likewise next month in parts of the city and Long Island.

Natural Gas Intelligence: Con Ed Warns of Natural Gas Service Moratoriums in New York City
Consolidated Edison Co. (Con Ed) again warned this week that if the Transcontinental Gas Pipe Line Co. LLC (Transco) Northeast Supply Enhancement project is not approved by New York regulators, it would likely have to suspend new gas service connections in the nation’s largest city. The utility shares transmission infrastructure with National Grid that allows natural gas to reach customers in all of New York City’s boroughs. In a letter earlier this month to elected officials opposed to Transco’s expansion, Con Ed said “to the extent their project is not approved or built, it would impact our ability to purchase and, thus, deliver natural gas for our customers in New York City. ”The warning comes after Con Ed in January imposed a moratorium on new gas service in Westchester County to the north of the city, citing a lack of supplies to meet demand. National Grid has warned of similar measures in New York City if Northeast Supply isn’t built.
Dan Steffens
Energy Prospectus Group
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