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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (184244)	6/3/2014 10:13:56 AM
From: teevee	1 Recommendation Recommended By Salt'n'Peppa Respond to of 206154

Perhaps a few black outs in the Winter waiting for wind power to kick in will wake up the distracted sheeple from their sportscasts. LOL....that would only spur the green ambulance chasers to file some class actions action against the coal and gas fired utilities, claiming negligence causing deaths. The more likely outcome is a flight of capital and a shift of business to jurisdictions with more stable and lower cost power, Ontario, Canada being a good recent example of what happens to the economy after the increased cost of green power makes manufacturing uncompetitive.

To: quehubo who wrote (184244)	6/3/2014 1:09:36 PM
From: Biomaven	Read Replies (1) \| Respond to of 206154

>>Gas supply was tested last Winter and it makes me wonder how we will fare in the NE quadrant of USA in a few years if we get another similar Winter Yes it was tight - and that situation continues in New England only because utilities don't want to commit to a new pipeline, which would solve the issue completely. The issue is that the shortages only happen a few days a year, and so the utilities don't want to commit to a long-term contract, instead preferring to pay extremely high prices a few days a year. It's not helped by the fact that we have one significant local gas-fired power plant (Mystic - owned by GDF Suez) that has a long-term contract to import LNG at high prices. GDF Suez owns the associated LNG terminal too, otherwise I'm sure they would be better off re-negotiating their LNG contract and helping pay for a new pipeline. There are only two remaining Massachusetts coal-based power plants. The smaller (Mt. Tom) is very likely shutting down in 2016. The larger, Brayton Point, recently announced it will close in 2017 - not because of regulatory action, rather because of competition from natural gas. Peter

To: quehubo who wrote (184244)	7/3/2014 1:07:56 PM
From: Dennis Roth	2 Recommendations Recommended By isopatch RevoltNapper6 Read Replies (3) \| Respond to of 206154

Officials say power grid is on the brink Stress need for natural gas pipelines July 01, 2014 2:00 AM seacoastonline.com Special Report Why New England’s power situation is precarious. (Did you guess pipelines?) Jul 1, 2014 smartgridnews.com Spectra Energy Announces Plans to Further Expand New England Pipeline Systems Additional Natural Gas Capacity to Meet Critical Need for Electric Reliability HOUSTON, July 1, 2014 marketwatch.com Records Show New England Energy Plan Favors Industry, Law Foundation Says Tuesday, July 1, 2014 bna.com Plan Not in Line With Climate Goals New England will need to reduce its reliance on gas by 2030 or so to meet its greenhouse gas emissions goals, Kaplan said. Building a large, new gas line as proposed by NESCOE is unnecessary and will commit the region to relying heavily on gas in the future, which isn't in line with the region's goals to reduce greenhouse gas emissions, Kaplan said. “If we need to start reducing and moving away from gas within a few decades, building 100-year-plus gas infrastructure doesn't make sense,” he said.