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The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
Observers are closely watching an opening at the Federal Energy Regulatory Commission, and two people have surfaced as important contenders.
Connecticut’s first-ever Comprehensive Energy Strategy, released 10 years ago, was built around natural gas. Gas was cheap, plentiful and cleaner than oil or coal. It was touted as a bridge from those fuels to renewables for electric power, and better than oil for heating. The CES set out to convert hundreds of thousands of homes to gas heat. But that strategy came with a big red flag, now all too familiar.
Spiking winter energy prices are the result of a crisis that has been a decade in the making, after New England opted to bet on natural gas.
As the Great Lakes region experiences warmer and wetter weather, advocates say the time is now to prepare the electric grid for climate change.