Thursday, January 18, 2018

Freezing Weather is Creating Energy Shortages in the Northeast

I just saw this at Watts Up With That?, "Frigid cold is why we need dependable energy."

Which reminded me of the East Coast natural gas shortages causing problems this last few weeks, not the least of which some folks couldn't heat their homes. Thanks radical left-wing anti-human environmental psychos!

At the Hartford Courant, "Cold Wave Puts Pressure On Energy Suppliers":
Energy industry officials have for years warned that inadequate pipeline capacity limits the amount of natural gas coming into New England during peak demand periods like this one. Several multi-billion-dollar proposals for new pipelines have been blocked or withdrawn in the last two years as a result of financing issues and opposition from environmental and consumer groups.

Herb said the current cold spell’s inadequate gas supply problems have triggered increased demands for heating oil.

“We’ve absolutely seen huge [institutional and industrial] users switching to fuel oil,” Herb said. He said big schools like the University of Connecticut, Yale University and Fairfield University, as well as a number of big industrial plants, are now using oil to power their heating systems.

Steve Sack, of Sack Energy, a major Connecticut fuel oil wholesaler, said those major users are now looking to purchase fuel oil on the spot market.

In some areas of the northeast, including portions of Pennsylvania and New York, major demand for fuel oil is creating shortage worries. But wholesalers and retail home heating oil suppliers say Connecticut isn’t experiencing the same problems.

The primary reason for Connecticut’s comfortable supply situation is that most of this state’s fuel oil comes into New Haven by barge and then is pumped up through the Buckeye pipeline to major portions of Connecticut. That avoids the kind of problems New York is having getting oil barges up the ice-choked Hudson River, Herb said.

“Right now, we’re having no issues with supply,” Sack said. He said areas of Connecticut that aren’t along the pipeline that runs from New Haven up through Springfield, Mass., are being supplied by tractor trailer trucks from the port or terminals along the pipeline.

Sack said wholesale fuel oil prices at New York’s harbor are now running at about $2.06 per gallon, which are “down a little bit right now” from earlier price levels.

Herb said his office is constantly monitoring the supply situation. He said he recently got a call from U.S. Department of Energy officials asking if the federal regional petroleum reserve should be released to help the energy situation.

“We told them no. … We did not need that,” Herb said.

Heating oil company drivers are being pushed to the max to keep getting fuel deliveries to residential customers who need them.
RTWT.


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