• 4 minutes Is The Three Gorges Dam on the Brink of Collapse?
  • 8 minutes The Coal Industry May Never Recover From The Pandemic
  • 11 minutes China Raids Bank and Investor Accounts
  • 3 hours Sources confirm Trump to sign two new Executive orders.
  • 16 hours CV19: New York 21% infection rate + 40% Existing T-Cell immunity = 61% = Herd Immunity ?
  • 7 mins Sometimes I Think Trump Supporters on This Forum Are Russians
  • 4 hours No More Love: Kanye West Breaks With Trump, Claims 2020 Run Is Not A Stunt
  • 10 hours In a Nutshell...
  • 1 hour Better Days Are (Not) Coming: Fed Officials Suggest U.S. Recovery May Be Stalling
  • 16 hours A Real Reality Check on "Green Hydrogen"
  • 5 hours During March, April, May the states with the highest infections/deaths were NY, NJ, Ma. . . . . Today (June) the three have the best numbers. How ? Herd immunity ?
  • 1 day Why Oil could hit $100
  • 1 day Why Wind is pitiful for most regions on earth
  • 2 hours Putin Paid Militants to Kill US Troops
  • 7 hours Where is Alberta, Canada headed?
  • 3 days Coronavirus hype biggest political hoax in history
China Grants First-Ever Fuel Export License To Private Refiner

China Grants First-Ever Fuel Export License To Private Refiner

Private Chinese refiner Zhejiang Petroleum…

A Clear Sign That OPEC Compliance Is Working

A Clear Sign That OPEC Compliance Is Working

OPEC basket price broke beyond…

API Strikes Back At Cuomo For “Extreme Energy Policies”

The American Petroleum Institute has attacked New York Governor Andrew Cuomo for his energy agenda, which, API New York executive director Karen Moreau said in a statement, is hurting the most vulnerable members of society. The statement comes in response to Governor Cuomo’s refusal to renew the air quality permit of the gas-fired Competitive Power Ventures Power Plant in the state.

“Governor Cuomo has sided with environmental extremists over New York’s most vulnerable: low-income families and seniors,” Moreau said. “Gov. Cuomo’s actions to close Indian Point coupled with efforts to stifle new clean natural gas power generation are creating a manufactured, needless energy crisis throughout New York and the northeast that will harm residents in the region – disproportionately hurting low-income and elderly residents who rely upon affordable electricity to heat, cool, and power their homes.”

The New York Governor is on a quest to put an end to fossil fuel and nuclear power use in the state, and this quest has already cost New Yorkers substantial increases in their utility bills.

A May report from the Consumer Energy Alliance found that New Yorkers pay some 44 percent more for electricity than their neighbors in Pennsylvania, which has abundant gas reserves and the pipelines to send this gas to New York. In January 2018, the Alliance said, “spot market prices in the New York City region jumped to a record high of $140.25 for natural gas, as compared to the average natural gas spot market price for New York in 2017 was $3.08. New Yorkers were subjected to prices that were $137 higher due to self-inflicted capacity constraints created by their own elected officials.”

Also in May, Governor Cuomo said all natural gas plants operating in New York will be eventually closed and that he will not approve any new gas-fired plant projects.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Pgod on August 07 2018 said:
    Bullshit, as is Cuomos stupid energy policy. Let;s see how high prices go this winter. If we can;t have NG or nuclear I guess that leaves coal power for the winter . The best run power company in the country(fpl/nextera) is building new gas powered plants, go figure. No wonder people are leaving the State, I;m next!
  • Thomas on August 07 2018 said:
    Perhaps if API spent more time actually telling the truth, they would be more listened to when they actually do tell the truth. But alas, twenty years of bashing clean burning ethanol has left their “truth reputation” in tatters.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News