A Cold Winter Ahead?

Pipeline Shutdowns drive up Fuel Costs

(AP) As more U.S. natural gas pipelines shut down due to climate concerns and the regulations prompted by them, the country is becoming increasingly reliant on foreign natural gas resources. One of the main importers of natural gas, Massachusetts, is reportedly increasing its liquid natural gas (LNG) imports from Trinidad and Tobago in South America over 2,300 miles away, at an estimated cost of over $8 per thousand cubic feet (MCF). The nearest American oil field, Marcellus Shale, is several hu...

The rest of this story is only available to registered users.

Please Subscribe to continue reading. Your support is appreciated!

 

Subscribe Now

If you already have an account, please login below.