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

To: isopatch who wrote (184776)	7/4/2014 6:31:22 AM
From: Bearcatbob	4 Recommendations Recommended By isopatch old tx oiler roguedolphin whitepine Read Replies (2) \| Respond to of 206159

Not only does the state lose out by having higher energy prices - land owners lose out of huge amounts of money because they cannot sell leases on their land - ie New York state where it borders on northern Pa. We have friends in the Wooster area who tell of farmers there reaping huge revenues from the leases - and spending money on things like new tractors. Fracking has been very good for Ohio. And yes - the anti energy crowd sleep so well at night because they believe they "care" - all the while imparting economic hardship on many. Ergo my oft use term of "loony". Bob PS: Congrats Iso on playing the game so well.

To: isopatch who wrote (184776)	7/4/2014 7:44:46 AM
From: stsimon	Read Replies (2) \| Respond to of 206159

Most manufacturing left New England long ago when the mills left for the South. Northwestern Connecticut, Western Massachusetts, Vermont, Northern New Hampshire, and much of Maine have a lot of tourism, which is more dependent on gasoline prices and weather than anything else. Much of Connecticut and Eastern Massachusetts are major centers for financial services and are not particularly sensitive to energy costs. A lot of electricity gets imported from Hydro Quebec. Vermont just signed another long term contract with them at 5.7 cents per kwh. A lot of the manufacturing that is left is more dependent on high priced human talent, such as Pratt & Whitney's jet engine manufacturing complex. New England is also the place where the elite send their kids to be educated in prep schools that dot the rural countryside, before they go on to Yale, Harvard, Dartmouth, etc. This angle also draws a lot of corporate headquarters.