NJ thwarts maintenance of pipelines for cheap natural gas

Energy News Beat

There’s good news in the federal forecast for heating costs this coming winter. The four kinds of fuel predominantly used in New Jersey and tracked by the U.S. Energy Information Administration should all be at least a bit cheaper.

Only users of natural gas and propane, however, are expected to see substantial savings. And only natural gas will cost Northeast homeowners about half as much as those heating with electric or oil.

The average Northeast household expense for heating with natural gas this winter is forecast to be $761. That’s down 22% from last year.

Propane, a popular choice for rural South Jersey residents who can’t get natural gas service at their homes, is expected to cost $1,696 — 17% lower than last winter.

Electric heat for the winter is forecast to cost $1,465, just 1% less than last year. Oil users should spend $1,851 for the season, about 4% less.

No wonder there are 12 million households in the Northeast that heat with natural gas. Just 4 million heat with electricity. Natural gas is the main fuel for heating in 46% of U.S. homes, making it the most widely used energy for heating in the country.

New Jersey residents better enjoy the benefits of low cost natural gas while they can. Gov. Phil Murphy and his supporters in the Legislature and among climate-crisis advocates want to force the public to heat with electric, without bothering to build political or even scientific support for such an extreme energy shift.

Previously they’ve opposed any new pipeline that would bring some of the nation’s abundant natural gas resource to and through New Jersey.

Now Murphy, at the urging of his Office of Climate Action, is blocking maintenance of natural gas pipelines already serving New Jersey residents.

PSE&G is New Jersey’s largest utility, delivering natural gas and electric to areas hosting about 70% of the state’s population. The company has 1.7 million gas customers.

The company has some of the oldest gas pipelines in the country, many of which are 70 to 100 years old. PSEG sought permission this year to invest $2.5 billion to replace 1,140 miles of leak-prone pipelines over the next three years.

For safety’s sake and the benefit to millions of consumers in New Jersey, that sounds like a no-brainer. The state should be grateful a corporation is spending serious money in the interests of its customers and all people living near its pipelines.

But instead, the Murphy administration wouldn’t authorize most of the maintenance spending. It only OK’d $900 million to replace about 400 miles of pipeline the next two years and make other system improvements. The executive order by Murphy said it instead will study how to reduce gas-delivery systems in the state. Murphy’s Office of Climate Action said it will consider the future use of gas and take recommendations from a consultant on using less of it.

Natural gas burns cleanly and offers substantially lower pollution than oil and coal. The bulk of the reductions in global warming emissions the past two decades have come from switching to natural gas from oil and coal.

As such, environmentalists once expected natural gas to provide an energy bridge for America to transition to renewable, ultra-low emission forms of energy. That would give those industries and technologies time to mature and reliably provide the increasing amount of energy the nation needs.

The post NJ thwarts maintenance of pipelines for cheap natural gas appeared first on Energy News Beat.

 

ENB #161 Why is Canada having an energy crisis in Alberta? We talk to two energy leaders in Canada to find out.

Energy News Beat

Heidi McKillop, movie producer Stranded Nation, and Terry Etam, author, stopped by the podcast, and we had a blast catching up and covering the renewable mandates being thrown at Alberta.

A little inside baseball: Heidi and Terry have been friends of the ENB podcast for a long time. Both are thought leaders impacting the global markets. I have thoroughly enjoyed all of our podcasts, and I walk away knowing more about the energy issues in Canada and how they affect the international markets.

Thank you, Heidi and Terry, for stopping by. I am looking forward to our next visit.

Follow Heidi on her LinkedIn here: https://www.linkedin.com/in/heidi-mckillop-1a08a7b3/

Follow Terry on his LinkedIn here: https://www.linkedin.com/in/heidi-mckillop-1a08a7b3/

00:00 – Intro

02:20 – Advocacy for a global energy perspective, criticizing narrow views in Canada and the US.

04:02 – Heidi discusses her movie career and upcoming projects.

07:09 – Expose the deceptive labeling of “green energy” and discuss environmental challenges.

12:58 – Addressing the environmental impacts of renewables and emphasizing the need for transparency.

20:26 – Discussing financial challenges of reclamation for wind farms and lack of transparency.

25:04 – Limitations of electric vehicles, challenges in infrastructure adaptation, and grid instability concerns.

29:21 – Alberta’s efforts for autonomy, addressing issues like the Canada Pension Plan and the Sovereignty Act.

35:29 – Challenges of a potential great awakening against climate hypocrisy in Canada.

38:58 – Frustrations with Canada’s LNG projects, emphasizing missed economic opportunities.

42:20 – Expressing concerns about wasteful spending in Canada’s political landscape.

44:59 – Heidi’s outlook on what’s coming around the corner.

46:38 – Outro.

https://energynewsbeat.co/

https://energynewsbeat.co/industry-insights-2/

 

@X podcast early release: #161 Why is Canada having an energy crisis in Alberta? We talk to two energy leaders in Canada to find out. @HeidiMckillop , movie producer Stranded Nation, and @TerryEtam , author, stopped by the podcast, and we had a blast catching up and covering… pic.twitter.com/DMT9Wk1vZT

— STUART TURLEY (@STUARTTURLEY16) December 3, 2023

 

Check out Terry’s book. – He even signed my copy! “Stu, you are the best podcast host in the industry”  – “Grump” Terry Etam

 

Full Transcript on the Way

The post ENB #161 Why is Canada having an energy crisis in Alberta? We talk to two energy leaders in Canada to find out. appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.

 

Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival

Energy News Beat

Tesla stock is near an early entry after the Tesla Cybertruck event. BYD is set to seize the BEV crown, but shares have dived on China EV price war fears.
The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Investor’s Business Daily. 

The post Tesla Vs. BYD 2023: TSLA Near Buy Point After Cybertruck Event; China Price War Slams Rival appeared first on Energy News Beat.