Dramatic_Mechanic815 t1_ja4kgex wrote
Reply to comment by largeb789 in New England grid operator says small-scale solar is driving down electricity demand on some days by TurretLauncher
Natural gas prices are massively off peaks from 2022. We’re at 2020/2021 lows now. Bigger issue at play here than commodity prices, such as how expensive it is to transport natural gas here to New England. Yet, politicians signed off on allowing natural gas plants without infrastructure to affordably transport it because NIMBYers are killing this state. https://www.eia.gov/dnav/ng/hist/rngwhhdW.htm
Happy_Confection90 t1_ja5msx9 wrote
And, so far as I've heard, still no serious efforts towards revamping the Jones Act which costs New England a fortune in natural gas transportation costs.
ShortUSA t1_ja7n99n wrote
NE NG has been much more adversely impacted by NIMBY efforts that have successfully prevented more pipelines. You don't get NG from PA, etc to NE on ships.
TurretLauncher OP t1_ja5ppbc wrote
Why the Jones Act is still needed
By Sen. Roger Wicker, Sen. Maria Cantwell, Rep. Peter DeFazio and Rep. Sam Graves
The Jones Act requires that all vessels carrying goods between two U.S. points be American-built, -owned, -crewed and -flagged. This policy provides stability to the U.S. maritime industry and helps to sustain 650,000 American jobs, resulting in $150 billion in economic benefits each year. Most importantly, the Jones Act advances our national security by helping maintain a vibrant domestic shipbuilding industry and maritime workforce. Our shipbuilders supply the military with warships, and U.S. mariners play a key role in transporting military personnel and equipment overseas in times of crisis.
To imagine life without this law, consider the risks we would face if foreign-owned companies were allowed to conduct our domestic trade during this pandemic. Foreign companies would be able to influence the flow of domestic goods and resources that are keeping our economy afloat. Thousands of now-secure American jobs throughout our shipbuilding and maritime workforces would be threatened, and foreign governments could gain even more undue leverage over our economy.
The Jones Act is also an important asset to our military. U.S.-crewed vessels around the world expand our military’s horizon by serving as the eyes and ears of our nation, and U.S. mariners, shipyards and commercial vessels play a vital role in keeping our military well-supplied. Losing these assets and having to rely on foreign competitors to move our military would hurt our ability to project power during a time of war or national emergency.
These national security concerns are why the Jones Act continues to enjoy broad support in Congress. Indeed, military leaders have consistently described the Jones Act as crucial to national security. As the bipartisan leaders of the House and Senate committees with jurisdiction over maritime matters, we are committed to preserving the Jones Act.
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