Submitted by buried_lede t3_z8a10z in Connecticut
mweint18 t1_iyaxixz wrote
Related to the LNG purchasing, congress could pass an exemption on LNG ships for the Jones act or pass some sort of incentive to build modern US-made and flagged LNG tankers. Right now LNG goes from tx or louisiana to canada and then to New England since it cannot legally go direct from TX to New England. The only two LNG tankers that can do it legally have 5% of the capacity of modern LNG tankers. Solving that will lower the price of LNG.
buried_lede OP t1_iyaz1x9 wrote
I’m ok with a narrow exemption, maybe temporary, for those tankers only. A total suspension of the Jones Act would decimate the American maritime industry. A NY tugboat operator explained that to us here one day.
But yeah, an exemption for LNG tankers. It doesn’t seem like it will harm anyone. I agree with you.
As for LNG, I haven’t looked up how much we use. It has to be a minuscule percentage compared to pipeline gas. So, I am dubious of any claims that it inflates my bill by even a penny per Klwh, not that I’ve read that claim anywhere. I just don’t want to assume, oh, so that will double my bill - uh, no.
mweint18 t1_iyb1xtu wrote
Its more to protect against spiking demand/pricing. I found this: EIA on LNGs effect on New England gas prices.
buried_lede OP t1_iyb39eh wrote
Oh, thanks.
adultdaycare81 t1_iyb62g7 wrote
Absolutely. Such a BS protectionist law that a few maritime lobbyists keep on the books.
buried_lede OP t1_iyc61wi wrote
Not BS, it’s a really good law but just not for oil and gas.
adultdaycare81 t1_iyck6hh wrote
I understand the need to maintain US shipping capacity in case of a war. But there are other ways to do it. Doing it for Nat gas is dumb
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