{"id":116620,"date":"2022-11-18T12:14:57","date_gmt":"2022-11-18T17:14:57","guid":{"rendered":"http:\/\/kendallharmon.net\/?p=116620"},"modified":"2022-11-18T17:16:49","modified_gmt":"2022-11-18T22:16:49","slug":"ft-new-england-importing-european-prices-in-looming-gas-supply-crunch","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=116620","title":{"rendered":"(FT) New England \u2018importing European prices\u2019 in looming gas supply crunch"},"content":{"rendered":"<p>A European-style winter energy crunch is looming over New England in the north-east US, even as American natural gas producers export record volumes and a wave of fuel heads across the Atlantic.<\/p>\n<p>Utility bosses in the region have called for emergency assistance from Washington to pre-empt a crisis, while lashing out at a century-old law that has cut New England off from some of America\u2019s prolific shale output and left it more dependent on expensive imports.<\/p>\n<p>On Friday, a vessel laden with liquefied natural gas will land in Massachusetts \u2014 but the federal law preventing foreign vessels sailing between US ports means the gas will come from Trinidad, not the US export plants along the Gulf of Mexico that are shipping record amounts of fuel abroad.<\/p>\n<p>\u201cYou would think that charity would begin at home\u2009.\u2009.\u2009.\u2009that American fuel would go to American ports,\u201d Joe Nolan, chief executive of Eversource Energy, one of New England\u2019s biggest utilities, said in an interview. \u201cWe\u2019re going to have to compete just like everybody else \u2014 in the global market.\u201d<\/p>\n<p><a href=\"https:\/\/www.ft.com\/content\/f9374ff4-3bfd-4b5e-8542-58c3db81514b\">Read it all<\/a> (registration or subscription).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">&quot;On Friday, a vessel laden with liquefied natural gas will land in Massachusetts \u2014 but the federal law preventing foreign vessels sailing between US ports means the gas will come from Trinidad, not the US export plants along the Gulf of Mexico&quot; <a href=\"https:\/\/t.co\/iXi4h25wrY\">https:\/\/t.co\/iXi4h25wrY<\/a><\/p>\n<p>&mdash; Jim Russell (@ProducerCities) <a href=\"https:\/\/twitter.com\/ProducerCities\/status\/1593645748436041729?ref_src=twsrc%5Etfw\">November 18, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A European-style winter energy crunch is looming over New England in the north-east US, even as American natural gas producers export record volumes and a wave of fuel heads across the Atlantic. Utility bosses in the region have called for<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=116620\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,209,149,140],"tags":[],"class_list":["post-116620","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-americau-s-a","category-economy","category-energy-natural-resources"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/116620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116620"}],"version-history":[{"count":2,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/116620\/revisions"}],"predecessor-version":[{"id":116622,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/116620\/revisions\/116622"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}