Residents in New England cities are facing rolling blackouts this winter if temperatures drop for a prolonged cold snap because of lower fuel supplies.
The region relies on natural-gas imports to bridge the gaps during the winter but is now having to compete with European countries for shipments of liquefied gas.
Russia’s halt of most pipeline gas to the continent has ramped up the price and demand for natural gas across the globe.
Both Europe and the US are now scrambling to import more LNG, which could send gas prices skyrocketing next winter - despite America being one of the top importers in the world.
New England does not import American LNG because the Jones Act, which limits how cargo is transported by sea, bans foreign flagged ships transporting goods between US ports.
A shortage of American owned vessels means the region is forced to buy LNG from outside the US.
The act was designed in 1920 and is designed to help promote US ships which have to be run, owned and created by American crews - of which there are a shortage.
However, this means that although the US is one of the world’s biggest LNG producers it can’t ship the gas around the country.
Despite the US rivalling Qatar as the top LNG exporter in the world, New England does not import American LNG, with the majority of the gas delivered coming from Trinidad and Tobago.
New England faces rolling BLACKOUTS this winter with bills set to soar
How activists successfully shut down key pipeline projects in New York
Well now looks like the chickens are coming home to roost.
But let's see, 'New England', isn't that the place filled with Yankees who consistently vote Blue?
Yeah....I believe so....But hey, no more mean tweets.
The region relies on natural-gas imports to bridge the gaps during the winter but is now having to compete with European countries for shipments of liquefied gas.
Russia’s halt of most pipeline gas to the continent has ramped up the price and demand for natural gas across the globe.
Both Europe and the US are now scrambling to import more LNG, which could send gas prices skyrocketing next winter - despite America being one of the top importers in the world.
New England does not import American LNG because the Jones Act, which limits how cargo is transported by sea, bans foreign flagged ships transporting goods between US ports.
A shortage of American owned vessels means the region is forced to buy LNG from outside the US.
The act was designed in 1920 and is designed to help promote US ships which have to be run, owned and created by American crews - of which there are a shortage.
However, this means that although the US is one of the world’s biggest LNG producers it can’t ship the gas around the country.
Despite the US rivalling Qatar as the top LNG exporter in the world, New England does not import American LNG, with the majority of the gas delivered coming from Trinidad and Tobago.
New England faces rolling BLACKOUTS this winter with bills set to soar
How activists successfully shut down key pipeline projects in New York
How activists successfully shut down key pipeline projects in New York
Well now looks like the chickens are coming home to roost.
But let's see, 'New England', isn't that the place filled with Yankees who consistently vote Blue?
Yeah....I believe so....But hey, no more mean tweets.
