Maine likely to get hit this winter with huge energy cost spikes thanks to environmental activists
Last Year’s New England Winter Was Brutal on the Energy Grid. Get Ready for Worse.
Posted to Energy October 17, 2018 by Michael Graham
The New England region will be the hardest hit—right in the wallet– due to the region’s disproportionate reliance on home heating oil. The EIA anticipates that propane prices will remain flat, electricity costs will rise 3 percent and natural gas will go up 5 percent. But the price of heating oil is forecast to jump by 20 percent—a huge spike in costs for a heating source that is already far higher than any other.
“Heating oil is just very expensive,” Dan Kish of the Institute for Energy Research told Inside Sources. “And as the mandate for new, low-sulfur diesel expands to maritime shipping and other industries, New England homeowners will face more and more competition for their heating oil, which will put even more upward pressure on prices.”
In other words, look for heating oil prices to continue to climb, even as the cost of other fuels flattens or falls.
Kish notes that New England is uniquely reliant on heating oil—“about 40 percent of your homes in New Hampshire use heating oil, for example”—and he’s right. According to the EIA, about 20 percent of New England households rely on heating oil, which is 80 percent of the U.S. total.
Why is New England so dependent on heating oil? Part of it is an accident of history, but more recently it’s the result of activists opposing the expansion of energy infrastructure into the region.
“Heating oil is very expensive,” says Kish. “Natural gas, on the other hand, is so inexpensive that the price of oil would have to drop to $18 a barrel to match the price and energy output of natural gas.”
“Meanwhile, you’ve got activists trying to block any new pipelines in New England, you’re stopping electricity from Canadian hydro power from coming down through New Hampshire—this problem is almost entirely self-inflicted,” Kish says.
Sheetal Nasta, an analyst with RBN Energy tells Inside Sources: “From a natural gas perspective, the biggest potential issue this winter is that storage levels are the lowest they’ve been in more than a decade, particularly in the East Region (which includes New England).”
Read the full article here:
https://www.insidesources.com/last-years-new-england-winter-was-bru...
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Comment
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Comment by Long Islander on October 17, 2018 at 7:01pm
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Arthur -- some of the environmental groups' troops are invariably brainwashed grouphinkers. But these groups are also PAID to fight natural gas pipeline and push wind, etc. It's their business model these days.
Today's Supposed Environmental Groups
Worldwide, it increasingly appears that dark money funds or partially funds many organizations within the so called "environmental movement".
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Comment by arthur qwenk on October 17, 2018 at 6:52pm
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Is it the time for more businesses and residents to leave the energy brainless state perhaps, and leave it to the Groupthink Greenwashed of Portland and Augusta to pay for their renewable ideology?
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Comment by Dan McKay on October 17, 2018 at 5:08pm
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Well, that probably means our elite legislators will bilk the electric customers with even more surcharges to promote subsidizing heat pumps that work poorly below 10 degrees outside temperature and eat up more electricity to even further bilk the electric customers. And, the more demand for electricity further compounds the problem of constrained natural gas in New England. Maine, being the coldest New England state will feel the hurt the most.
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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