You can’t extract shale gas in New York state, but that doesn’t mean you can’t burn the cheap stuff. New York City is building a pipeline to bring in cheap natural gas from Pennsylvania. The pipeline will carry enough gas to heat 2 million homes, and you can bet plenty of NYC residents are looking forward to burning gas at historically low prices. The FT reports:I think it was Instapundit who said something like "I'll believe in catastrophic global warming when the people trying to sell it to us act like they believe in it."
New York’s thirst for gas comes as the state government mulls whether to lift a ban on hydraulic fracturing, which critics say threatens to contaminate water supplies and leak methane, a potent greenhouse gas. Even without contributions from New York state, gas production in the northeast of the US has climbed more than 500 per cent since 2005 as fracking grows in the Marcellus, according to Bentek Energy.
Wednesday, October 23, 2013
New York Rejects Fracking for Natural Gas, But Buys it From Pennsylvania
NY Liberals Fight Gas in Politics, Burn it at Home