Author Topic: Why Does Boston Buy Natural Gas from Russia?  (Read 368 times)

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rebewranger

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Why Does Boston Buy Natural Gas from Russia?
« on: June 21, 2022, 03:48:49 pm »
Why Does Boston Buy Natural Gas from Russia?
 
Andy May – 20 June 2022

Europe is vulnerable and needs our natural gas; prices are absurd and going higher. Yet, everyone in the oil and gas industry is afraid to invest any money, even if they have financing available. Who wants to start a 10- to 20-year natural gas project, whether it’s a gas field, pipeline, or LNG (liquified natural gas) terminal, when the administration is saying they will shut you down in 10 years?

“You’ve got six years, eight years, no more than 10 years or so,” says Climate Envoy John Kerry. “No one should make it easy for the [natural] gas interests to be building out 30- or 40-year infrastructure.”

In the meantime, India has relaxed its environmental regulations and plans to double its use of coal. China has cut coal import tariffs to zero to ensure energy security and lower costs.

The United States has an abundance of both coal natural gas. Yet, natural gas is imported to Boston’s LNG facility from Russia, Canada, and the Caribbean at great cost due to the lack of pipeline capacity. In late January natural gas from the Algonquin City Gate Hub (near Boston) sold for over $20 per million BTUs, and more than $23 on the futures market. Natural gas from nearby Pennsylvania, in January cost $4.

https://co2coalition.org/2022/06/20/why-does-boston-buy-natural-gas-from-russia/

Offline Fishrrman

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Re: Why Does Boston Buy Natural Gas from Russia?
« Reply #1 on: June 21, 2022, 10:35:51 pm »
I would reckon that the reason that Massachusetts must import gas from Russia (or Canada) is because the state of New York to the west will not permit any new pipeline construction to pass through it.

And without "getting through" New York state, there's no way to get gas from "west of NY" to the New England states.

My hope is that when Mr. Trump gets in for his second term, he will address this problem with the NY state government by whatever means necessary -- perhaps some kind of emergency order that over-rules NY state laws/regs/intransigence and provides federally-guaranteed eminent domain for energy company pipelines through the state of NY...

(and yes, I do mean "by whatever means necessary". I'm a pragmatist about such things...)

Offline sneakypete

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Re: Why Does Boston Buy Natural Gas from Russia?
« Reply #2 on: June 21, 2022, 10:47:13 pm »
I would reckon that the reason that Massachusetts must import gas from Russia (or Canada) is because the state of New York to the west will not permit any new pipeline construction to pass through it.

And without "getting through" New York state, there's no way to get gas from "west of NY" to the New England states.

My hope is that when Mr. Trump gets in for his second term, he will address this problem with the NY state government by whatever means necessary -- perhaps some kind of emergency order that over-rules NY state laws/regs/intransigence and provides federally-guaranteed eminent domain for energy company pipelines through the state of NY...

(and yes, I do mean "by whatever means necessary". I'm a pragmatist about such things...)

@Fishrrman

Personally,I would rather see the denizen of NYC freeze to death in the dark,and make America a better place by doing so.
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Offline IsailedawayfromFR

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Re: Why Does Boston Buy Natural Gas from Russia?
« Reply #3 on: June 22, 2022, 01:40:51 am »
I would reckon that the reason that Massachusetts must import gas from Russia (or Canada) is because the state of New York to the west will not permit any new pipeline construction to pass through it.

And without "getting through" New York state, there's no way to get gas from "west of NY" to the New England states.

My hope is that when Mr. Trump gets in for his second term, he will address this problem with the NY state government by whatever means necessary -- perhaps some kind of emergency order that over-rules NY state laws/regs/intransigence and provides federally-guaranteed eminent domain for energy company pipelines through the state of NY...

(and yes, I do mean "by whatever means necessary". I'm a pragmatist about such things...)
Nope, Boston has been hooked on LNG for decades, all the way back to 1968 when it brought in Algerian gas.

Massachusetts would never permit a pipeline across its state for natural gas, any more than New York would.
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington