Obama war on coal puts New York at mercy of natural gas price spike

PressConnects.com reports:

Donohue, the power plant trade group president, said re-firing power plants is important, but the state needs to ensure its power grid remains diversified. Abandoning coal and making a major shift toward natural gas could cause problems down the line, he said.

“Unfortunately, I am very fearful that we as a country and we as a state are not taking on an incredible over-reliance on natural gas,” Donohue said. “Natural gas is important, no question about it, but if everything is built by natural gas, in X number of years when gas prices are (up) like they were in ’08, people are going to say, ‘Oh my God, why are my charges going up?'”

Read more…

2 thoughts on “Obama war on coal puts New York at mercy of natural gas price spike”

  1. I was working on a seam this weekend and had to start over. Whereupon my sweetie said, “As you sew, so shall you rip.”

  2. New York would be less at risk from a natural gas spike if they’d go ahead and frack some of their own natural gas. But far too many NY voters — Northeast voters generally — have swallowed far too much of the “progressive” and/or “green” Flavor-ade. They are reaping what they have sown.

Leave a Reply

Your email address will not be published.