Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Environment & Energy

Showing Original Post only (View all)

wtmusic

(39,166 posts)
Mon May 20, 2013, 01:45 PM May 2013

So much for the myth that fracking = cheap energy. [View all]



"Natural Gas Climbs for Second Day on Outlook for Hot Weather

Natural gas futures advanced for a second day in New York on forecasts for above-normal temperatures that would boost demand for the power-plant fuel to run air conditioners.

Gas gained as much as 2.6 percent after Commodity Weather Group LLC in Bethesda, Maryland, predicted warmer-than-average weather in the Northeast and Great Lakes region through May 24. The high in New York on May 22 may be 82 degrees Fahrenheit (28 Celsius), 10 more than usual, according to AccuWeather Inc. in State College, Pennsylvania.

<>

The futures jumped the most in three weeks on May 17 after the U.S. conditionally approved the Freeport LNG liquefied natural gas export project in Texas."

http://www.bloomberg.com/news/2013-05-20/natural-gas-rises-5-from-week-ago-as-u-s-approves-lng-exports.html

Hello? The gas is going wherever it can fetch the highest price, meaning Americans will be just as vulnerable to price swings as they have been.
5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Issue Forums»Environment & Energy»So much for the myth that...»Reply #0