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Re: Winter home energy price shocks coming
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Newbie
 
Joined:
2013/7/11 20:19 Last Login : 2/3 16:32 From New Brunswick, US
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Quote:
MDM wrote: at least we won't be as bad as what is happening in the UK
Posted on: 2022/9/29 14:33
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Re: Winter home energy price shocks coming
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Home away from home
 
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Here it comes...
State regulators on Wednesday approved double-digit rate increases for four gas providers serving millions of customers in the state, with prices expected to rise by hundreds of dollars on an annualized basis for some people. PSEG, which serves 1.9 million people across the state, was granted a nearly 25% increase, which would amount to a $256.38 a year hike to the "typical" residential bill, according to the state Board of Public Utilities. BPU commissioners also approved a 15.8%, $258.72 annual increase for New Jersey Natural Gas and its 568,000 ratepayers. https://www.northjersey.com/story/news ... es-pseg-njng/66934128007/
Posted on: 2022/9/12 15:55
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Re: Winter home energy price shocks coming
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Home away from home
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I have a property in New England that I am worrying a bit about. The New England power grid with coal and nuclear being phased out is almost completely dependent on natural gas. The pipeline capacity was never expanded to provide enough gas to keep the lights on during cold periods. Blackouts were only avoided by switching over to no. fuel oil (power plants are generally dual fuel) and getting emergency imports of liquefied natural gas from Russia.
Fuel oil stocks are dangerously low due to shipping so much of it to Europe. Russia? Well.. not sure if that LNG shipment will be arriving this season, given the current political situation. I am looking into a backup generator and one of these to heat the place: Never thought I would see a manufactured energy crisis like we had back when I was a kid. Odd / Even day policies coming back regulating when you can get gas for your car?
Posted on: 2022/9/6 18:55
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Re: Winter home energy price shocks coming
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Home away from home
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Donald Trump negotiated a deal between the Saudi's and Russia. We paid for that. Donald Trump will be going to jail before December. You're in a cult.
Posted on: 2022/9/6 16:41
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Re: Winter home energy price shocks coming
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Home away from home
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Quote:
No, perhaps Joe Biden should allow the XL Pipeline to be finished which will bring energy to the US. And Joe Biden should stop selling US energy to China from our reserves.
Posted on: 2022/9/2 20:51
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Re: Winter home energy price shocks coming
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Home away from home
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at least we won't be as bad as what is happening in the UK
Posted on: 2022/9/1 19:07
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Re: Winter home energy price shocks coming
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Home away from home
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Jared Kushner's father is building a huge high rise in Journal Square with the $2bb his son got from the Saudis. Perhaps the Kushner's should make some sort of contribution to energy resources in Jersey City, considering how much this building will tax our infrastructure. Quote:
Posted on: 2022/9/1 18:12
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Re: Winter home energy price shocks coming
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Home away from home
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The US is sitting on tons of fossil fuels but in the holy name of green energy, we, the public will be paying more to heat our homes. This is insane. It reminds me of California with their rolling backouts and the governor telling everyone they must buy an electric car but you cannot charge it due to the blackouts.
Posted on: 2022/9/1 14:58
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Re: Winter home energy price shocks coming
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Home away from home
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I checked. There is no legitimate evidence of any of your claims
Posted on: 2022/9/1 1:07
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Re: Winter home energy price shocks coming
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Home away from home
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A lot more people died under Trump and his daughter was granted 18 trademarks from China within one month. His daughter and son in law Jared Kushner were paid like $610 million in consulting fees while working at the WH and getting paid salaries. Jared was paid $2BB from the Saudis and he was also given $6.4 MM in PPP loans, which were forgiven and Trump participated in an agreement between the Saudis and Russia to reduce oil production to benefit the Oil Companies. Quote:
Posted on: 2022/8/29 18:34
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Re: Winter home energy price shocks coming
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Home away from home
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Despite all you accusations. Everything was less expensive with Trump! On the very day the fed raised interest rates nitwit in chief biden states he wishes he could hand out more money. Unreal!
Posted on: 2022/8/25 17:29
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Re: Winter home energy price shocks coming
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Home away from home
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Trump wasn't JUST A LOUD MOUTH. TRUMP WAS and IS a CRIMINAL. HE ALSO NEGOTIATED A DEAL BETWEEN THE SAUDIS AND RUSSIA TO REDUCE THE PRODUCTION OF OIL TO BENEFIT THE OIL INDUSTRY. He ALSO USED OUR TAX $$$$ TO PAY HIS SON IN LAW AND DAUGHTER $680,000,000 in fees above and beyond their salaries.
Posted on: 2022/8/25 12:21
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Re: Winter home energy price shocks coming
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Home away from home
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Just a reminder, natural gas was cheap under Trump, yes, he was a loudmouth but people could afford to heat their homes. We have hundreds of years of fossil fuels in the US and was energy independent under Trump.
Posted on: 2022/8/24 16:42
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Winter home energy price shocks coming
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Home away from home
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FYI:
Natural gas prices are up over 250% compared to last year. By some forecasts will be up 400%+ by mid-winter. Since NJ has been replacing coal and nuclear with natural gas, the price increases will raise electric rates dramatically as well. If you have a commercial meter and haven't locked in a rate, you will see the cost increases soon. Residential meters, the increases will be phased in over time. Last year gas supply rates were running at $0.30 to $0.45 per therm.  https://seekingalpha.com/news/3873898- ... -prices-near-record-highs
Posted on: 2022/8/24 13:04
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