"The gas needs to move out of State ... NY is currently a ZERO new pipeline zone ..... Same with New England and NJ ..... The MVP Pipeline going to the Southeast US has been in the Courts for years and currently stalled once again ... CTRA and…"
"Looks to me as a very misleading Headline ....Currently very little extra pipeline capacity in the Marcellus to move additional gas ,, Permian oil does have a bit more capacity to move product .. Any additional growth will come mostly from Private…"
"Gas producer share prices have been down in some cases over 30% in a week ..... I remain on the sidelines except for a couple of pipelines ....... Gas in the $6 range is still very profitable for producers , but storage is filling faster now than it…"
"Producers probably would commit dedicated production to the proposed facility , but these plants cost Billions ... I doubt producer shareholders would tolerate additional debt on their books to finance a LNG plant
A bit more likely would…"
"New LNG in Philly ??? A lot of unanswered questions ... First ,a Mountain of Permits , both Local and Federal .. Also a Mountain of financing , probably debt and an IPO , the plant also needs a commitment from Foreign Buyers ...... Tons of hurdles.…"
"We have a couple of those mini gas plants locally , they are very low key vs the traditional full sized power plants .....
Windmills are slowly providing more and more electric power , replacing gas power when the wind is blowing ......…"
Maybe I mistook Granddad as you. I am still trying to re-read to understand who is who. The father reigned NY for decades, now we are under the diaper. I could not allow myself to use the word “served”, as we were not served; but rather reigned.
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]