We now have the highest December per kwh rate, a non-peak month for electricity usage, since 1978.
This is directly tied to Obama's "war on coal" and green energy policies.
http://cnsnews.com/news/article/tere...d-high-us-2014
Guess once peak electricity usage comes around this summer I'll get to use those savings at the pump to help pay those electrical bills.
You are such a ignorant lemming. You didn't even bother to look up why - you already "knew" it's obammys fault. That article didn't mention why or obama, you just made it up. A record-setting bout of bitter cold weather swept down through the Midwest and across most of the country in early January. The Northeast region reacted with upward spikes in wholesale natural gas and power prices as generators and other customers struggled to procure natural gas supplies. In the Mid-Atlantic region, record-high winter peak demand along with unexpected outages of power plants and natural gas equipment drove peak electricity prices even higher than in New York and New England. The sharp rise in Northeast and Mid-Atlantic natural gas and power demand also spurred record-high natural gas storage withdrawals.Day-ahead, on-peak power prices at the Massachusetts Hub went slightly above $200 per megawatthour (MWh) during a brief cold spell in mid-December 2013 and up to $237.75/MWh during the early January freeze (see first graph above). These prices were mainly driven by corresponding movements in natural gas prices as the demand for natural gas for both power and heating led to full use of natural gas pipelines in the region and a scarcity of supply. Prices at the Algonquin Citygate trading point in Massachusetts, which normally remain around $3-$6/MMBtu during unconstrained periods, reached slightly over $30/MMBtu in mid-December 2013 and were up to $38.09/MMBtu in early January.According to the North American Electric Reliability Corporation's (NERC's) annual winter reliability assessment, New England faces essentially the same constrained natural gas supply situation as it did last winter. The Independent System Operator of New England (ISO-NE), the grid operator for New England's electric system, has implemented a number of short-term measures to mitigate the effects of fuel supply risks this winter, including a new Winter Reliability Program, which solicited bids from oil-fired, dual-fuel (for more information on dual-fueled generators see EIA's Form EIA-860), and demand response resources to provide extra capacity to the system. The program requires oil-fired generators to maintain oil inventory on-site and dual-fuel generators to demonstrate timely gas-to-oil switching capability. http://www.eia.gov/todayinenergy/detail.cfm?id=14671 The primary driver of the recent increase in New England retail rates was the sharp rise in wholesale power prices. For the first six months of 2014, the day-ahead wholesale power price in the ISO-New England control area averaged $93 per megawatthour, 45% higher than the average wholesale price during the same period last year. The increased cost of producing electricity in New England is evident in the 21% increase in the energy-only component of restructured retail suppliers' rates. In contrast, the delivery-only component of restructured retail customers' bills has risen only 2% this year. This component of electricity prices has been rising in part because utilities have been spending more on the transmission infrastructure necessary for delivering electricity to customers.The 2.5% year-to-date decline in Pacific residential electricity prices is distorted by a temporary dip in revenues for California utilities during the month of April. This drop was a result of a credit averaging about $35 to the electric bills of most customers of the state's investor-owned utilities. The California Climate Credit is a refund of money that the state receives from the sale of allowances for greenhouse gas emissions through their cap-and-trade system. Excluding the month of April when the refund was issued, prices paid by residential customers in the Pacific region rose 0.9% above the same period last year. In California alone, prices (excluding April) were 1% higher. http://www.eia.gov/todayinenergy/detail.cfm?id=17791Originally Posted by dwarthog
Obama has no energy policy------nice job of copying from the text---at least this time you posted the link------ You also know nothing about Energy
Last edited by REDREX; 1/19/2015 at 09:10 PM.
You might, but you are too busy trying to blame obama for something he had nothing to do with. LEMMING
Hmmm Another WALL post, Must be an Idiot that posted it.
Quote
If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
---Just saying Barack has no clue about energy----and you are also clueless----FOOL
Don't you remember? His "edit button" isn't working which is why he plagiarizes this stuff.
That was mean of me to turn off his Edit wasn't it
The Dip**** moran!
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
We both have more clue about energy than you do. Trying to blame obama for something he has nothing to do with. Read what I posted - that is the truth as to why prices are higher, not obammys "war" on coal. dumbass lemming.
You're such a Kind and soft spoken soul, every one should try to be more like you.
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If God wanted Men to look women in the eyes, He wouldnt have gave em Boobs !
---You know nothing about energy---you posted an article saying prices spiked because it was cold----gee that never happens-----Over the long term Obama has done nothing to improve oil and gas production and his policies will continue to drive up electric costs
Well, for those who can't read or do basic math, I'll provide some assistance to aid with clarification.
So we are down 300,000 KWH since Obama arrived. If you'll recall he openly stated more than once he wanted to do away with coal and his little regulation pen has been working overtime through the EPA to accomplish exactly that. Thus the decline in coal based energy KWH of 1/5th.In the first nine months of 2007, the U.S. produced more electricity with coal (1,523,714 million KWH) than in the first nine months of 2014 (1,231,795 million KWH)
As for this cold crap, I have it on good authority from any MSM news source you care to choose from, that 2014 was the hottest year ever on planet earth.
.Obama to Propose Protecting 1.4 Million Acres of Arctic Refuge
Sunday, 25 Jan 2015 04:48 PM
President Barack Obama will propose blocking 1.4 million acres (556,000 hectares) of Arctic refuge from oil and gas drilling, The Washington Post reported on Sunday.
The administration plans to propose designating the area of the Arctic National Wildlife Refuge as wilderness, the highest level of federal protection that would ban oil and gas drilling, the newspaper reported, citing people briefed on the plan.
The move is certain to spark yet another fight with Republicans, who have fought for 35 years over how to manage what is known as ANWR, or the Arctic National Wildlife Refuge. The vast region has huge petroleum reserves but also provides critical habitat for caribou, millions of migrating birds, polar bears and other wildlife.
"What’s coming is a stunning attack on our sovereignty and our ability to develop a strong economy that allows us, our children and our grandchildren to thrive," said the new Senate Energy and Natural Resources Committee chairman, Lisa Murkowski, R-Alaska, in a statement to the Post.
"It’s clear this administration does not care about us, and sees us as nothing but a territory. … I cannot understand why this administration is willing to negotiate with Iran, but not Alaska. But we will not be run over like this. We will fight back with every resource at our disposal."
The state's Republican congressional delegation, along with the new governor, Bill Walker, sent out a joint news release Sunday morning calling the action "an unprecedented assault on Alaska."
Walker, an independent, said in a statement that he may be forced to accelerate oil and gas permitting on state lands to compensate for the new federal restrictions.
"Having just given to Alaskans the State of the State and State of the Budget addresses, it’s clear that our fiscal challenges in both the short and long term would benefit significantly from increased oil production," Walker said. Roughly 40 billion barrels of the state’s untapped reserves are already in federal areas where oil and gas activity is blocked or restricted, he pointed out.
The announcement, which could come on Sunday, is likely the first in a series of decisions the administration will make in the coming week about Alaska's oil and gas production. The administration also plans to block part of the Arctic Ocean from drilling.
Read Latest Breaking News from Newsmax.com http://www.Newsmax.com/Newsfront/oba...#ixzz3Pxmu4YVz
Last edited by okie52; 1/26/2015 at 04:15 PM.
I wonder why production in Alaska is down 50% ?----Could it be that the Feds have restricted drilling?
There's just 40,000,000,000 barrels plus untapped up there....who needs that oil anyway?
To be fair it cost a **** ton to get those 40,000,000,000 barrels of oil out of the ground and transported down here even if it was open.
It takes one to know one, and I know you don't know a damn thing.
You are a simpleton. Show me a link to your data. Coal is the only source of producing electric power? Tell me or mr I know so much about energy - who was the president in 2007 and 2008? GEORGE W. BUSH. Typical inbred, dumbass conservative lemming republican, 2007 was the highest year for coal production. From 2007 to 2013 NATURAL GAS UP BY 217 KWH. Renewable up by 170 kwh . Coal production is actually rising this year. Did you miss that? LEMMING
This is a really poor post. Even for you.
How is it a poor post? The IEA lays it out for you. The use of thermal coal by US powergenerators was 95% of US coal demand, larger than the global seaborne thermal coal trade.Hence the US power sector forms a significant part of both the global gas and coal markets, andany change affecting it in a positive or negative way can have profound implications for theworld.Such changes are already under way. The shale gas revolution that resulted in the dramatic andunforeseen increase of US gas production by over 100 bcm over 2007‐11 resulted not only in aquasi‐independence of the United States from LNG imports – and therefore on global gasmarkets – but also in a significant increase of gas use in the power sector. Over the past threeyears, as US natural gas prices remained low (on average at around USD 4/MBtuover 2009‐11,and below USD 3/MBtu for the first nine months of 2012), gas‐fired plants have been slowly butsurely eroding the position of coal‐fired plants as the first energy source for power generation. In2007, net coal‐fired electricity generation was 2.25 times that of net gas‐fired generation; in 2011the ratio dropped to only 1.70. The year 2012, with its remarkably low gas prices, continued toclose the bridge between the two fuels, resulting in a 1.16 ratio for the first seven months** http://www.iea.org/publications/insi..._final_web.pdf
I get that you can link articles, you just struggle with understanding the concepts. The post I referred to shows that you know absolutely nothing about this topic.
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