An interesting footnote to the drama that’s played out over the past 10 months in the proposed sale of the Philadelphia Gas Works (PGW), Philly’s city-owned natural gas utility. You may recall that Philly’s Democrat Mayor, Michael Nutter, worked out a deal to sell PGW for $1.86 billion to UIL Holdings, a Connecticut utility (see Phila. Gas Works Deal for $1.86B – Marcellus/Utica One of Keys). Eventually, after months and months and months, City Council President Darrell L. Clarke, acting like a corrupt Philly crime boss, refused to allow any hearings on the sale and killed the deal (see Philly City Council Kills the Phila. Gas Works $1.86B Deal). The crown jewel of PGW (see LNG Facility the Crown Jewel in Scuttled PGW Sale) is once again in the limelight. PGW announced yesterday they are holding a 12-day, non-binding “open season” for potential new customers of LNG sold by the plant with an eye to expanding the LNG plant. If they do expand it, they’ve said they will use Marcellus Shale gas to feed it…
