State Sen Kyle McCarter opposes wind energy project
The use of eminent domain; that is the forced purchase of private property for public benefit should be used with abundant caution. That is why it take public hearings and an unbiased review to determine what is in the public interest.
State Sen Kyle McCarter opposes wind energy project.
Last November the Illinois Commerce Commission determined that wind energy being generated in Kansas that would be transmitted to Missouri, Illinois and Indiana deserves the right to purchase the land to build a transmission tower to deliver over 4,000 MW of wind generated electricity. They approved the use of eminent domain so the independent company proposing to build this project can approach the landowners and know they can reach a deal. Without eminent domain a handful of property owners could have prevented this project from moving forward.
This project is innovative and will supply clean renewable and sustainable power. Such renewable power will diversify our power generation and help us avoid price spikes from reliance on just natural gas, coal or oil.
Realgy supports the project and other independent energy companies that are doing such great work.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.
Additional Information:
http://madisonrecord.com/stories/510658825-mccarter-opposes-eminent-domain-in-wind-energy-project
http://www.grainbeltexpresscleanline.com/site/page/project_description
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,297 Bcf as of Friday, January 15, 2016, according to EIA estimates. This represents a net decline of 178 Bcf from the previous week. Stocks were 629 Bcf higher than last year at this time and 473 Bcf above the five-year average of 2,824 Bcf. At 3,297 Bcf, total working gas is above the five-year historical range.
EIA Estimated withdrawal 183 Bcf.
Vs
Actual withdrawal 178 Bcf.
EIA to estimate season’s largest draw Increased demand last week in the Midwest and South Central regions prompted energy experts to predict last week’s natural gas storage withdrawals will be the largest so far of the heating season. A consensus of analysts surveyed by Platts expects the US Energy Information Administration on Thursday will estimate a gas storage withdrawal of between 183 Bcf and 187 Bcf for the reporting week that ended January 15. A withdrawal within expectations would be less than the 220-Bcf withdrawal reported at this time in 2015 and more than the 177-Bcf fiveyear average withdrawal, according to EIA data. There was not much disparity in the predictions this week as the full range of analysts’ expectations all fell between a drawdown of 175 Bcf to 191 Bcf. This looks to be the largest withdrawal of the heating season, and the first withdrawal that is more than the five-year average since the week that ended December 4. However, it would still be 35 Bcf less than the withdrawal at this time last year.
Illinois Commerce Commission order a victory for solar, advocates say
Illinois passed the Future Energy Jobs Act (FEJA) which you will hear about for some time. The act will be creating jobs in the renewable energy field to power Illinois’ future. However, the law was challenged and the Illinois Commerce Commission has proposed changes to allow the benefits to be reserved for in-state residents equally. (more…)
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,475 Bcf as of Friday, January 8, 2016, according to EIA estimates. This represents a net decline of 168 Bcf from the previous week. Stocks were 587 Bcf higher than last year at this time and 474 Bcf above the five-year average of 3,001 Bcf. At 3,475 Bcf, total working gas is above the five-year historical range.
Estimated Withdrawal 176 Bcf and 180 Bcf
Vs
Actual withdrawal 168 Bcf
A consensus of analysts surveyed by Platts expects the US Energy Information Administration on Thursday will estimate a natural gas storage withdrawal of between 176 Bcf and 180 Bcf for the reporting week that ended January 8. A withdrawal within expectations would be less than the 220 Bcf reported at this time in 2015 but directly in line with the 178 Bcf fiveyear average. The wider range of analysts’ expectations for this week was for a withdrawal of 154 Bcf to 192 Bcf. This looks to be the largest drawdown of the heating season, but it still would be 42 Bcf less than the withdrawal at this time last year.
Oil is on the decline to a 12 year low says researchers
CitiGroup Research said that oil could go down to 20 dollars a barrel
North American is losing about 2 Billion dollars a week in Oil and Gas Production
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.
Additional Information: http://www.msn.com/en-us/money/markets/dollar20-oil-no-longer-mirage-as-world-confronts-12-year-low/ar-CCrU6z?li=BBnbfcL
Quakes in Ok.. cause injections from oil and gas
Oklahoma hit with 70 quakes with a week
- Experts say that the earth quakes swarm in Oklahoma are due to fracking and are caused by the oil and the gas industry
- The injected water changes the friction of naturally occurring fault lines, uncorking the quakes.
- Oklahoma in 2014 had at least 5,415 earthquakes; 585 of them were magnitude-3 or greater. In comparison, the state had just 109 magnitude-3 quakes in 2013, according to the Oklahoma Geologic Survey.
- State regulators have ordered well companies operating in the area to either scale back or halt injection operations
Interesting news article today…. http://www.msn.com/en-us/news/us/oklahoma-hit-with-70-quakes-in-a-week/ar-AAguX1B?li=BBnb7Kz
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM and Index, Fixed pricing.