lsayre wrote:What is the situation like with respect to the availability of NG in the heartland of anthracite mining country?
rberq wrote:So, can natural gas be bottled and delivered to my house the way propane is now delivered? And would it be significantly cheaper than propane?
OldAA130 wrote:I started in the electricity generation industry about ten years ago. I worked at a coal plant in western PA that was one on the cheapest generators and thus ran all the time. Government regulation has all but closed that place. It's borderline on profitability. In fact, it's life is limited to maybe a couple more years.
I now work in a newer nat gas plant also in PA. This plant was built with the latest in emission controls. When it went commercial bit coal was around $30/ton and this gas plant was nearly closed and mothballed even before it got started. Now the tables have turned and the gas plant thrives on the cheaper gas.
Here's my point.
Don't look any further than your government to find the main reasons for the cost of energy. Bit coal sky rockets due to increased regulation (that buys votes) as well as sweetened international trade deals (many polititiojs are luckily heavily invested just before the deals are inked). China is willing to pay $100 + per ton at the dock for the same coal under contract for $35/ton.
Gasoline - how many of you know what regional blends are? You don't just truck fuel from New England down into the Mid-Atlantic to balance local markets. Govt regulation stops that. "people will die if you truck gasoline drom region to region" How about taxes? Anyone know how much tax is paid in your state to the govt coffers? How are the roads in PA? All that gas tax is supposed to go toward road repair right?Nat Gas: the last couple of winters, gas companies have burned off millions of MCF of gas because there was nowhere to put it. The underground salt caverns were full of gas and usage was less than production. How many politicians are heavily invested in PA gas fields? Our former governor bought tens of thousands of acres of worthless land just before the gas drilling broke wide open. Hmmmmmmm...... So now, the rigs are running wide open twenty-four-seven and the investors (many politicians) are moving their stacks of $100 bills with wheel barrows and fork lifts. Soon, votes will be worth more then the gas income (besides, the money will already have been made) and government regulation will come in once again and drive the price up. As well, politicians are looking for ways to ship nat gas overseas. Just look where they are investing right now and guaranteed that sector will bust wide open with limitless profits near into the future.Anth coal... Any one in the business that can shed some light on the cost of coal? Who's making the money? What are profit margins? What percentage of he $160/ton is directly attributed to govt regulation. MSHA? OSHA? DEP? EPA? How many mine owners are living on a yacht in the mediteranian? How many mine owners are in the 1% we've been hearing about lately?
This stuff moves around because big money isn't made from stability.
McGiever wrote:...every commodity, is to a large extent, part of the "Global Economy" Just because we have an abundance of something on our continent does not mean it will relatively inexpensive for us...it's more about the "Global Market" that dictates pricing.