NED is Dead – Kinder Morgan Suspends $3.3B New England Pipeline
Anti-fossil fuel nuts in Massachusetts and other northeastern states are euphoric, actually orgasmic, at Kinder Morgan's announcement yesterday that the company has suspended (not necessarily canceled) any further spending/time/effort on the Tennessee Gas Pipeline expansion from NY through MA, otherwise known as the Northeast Energy Direct (NED) project. Here's what Kinder Morgan's announcement means for natural gas customers, at least in certain parts of Massachusetts: If you build a new house, or a new business, and want to connect it to the natgas system in your community, forget about it. You can't. There's not enough gas. And if you're an existing customer and want to convert your electric stove or electric hot water heater or oil furnace to a natgas alternative--don't do it. If the local utility finds out, they'll shut you off completely. Why? Not enough gas. So here's something you anti fossil fuel freaks can really celebrate--you've just screwed yourselves, AND your neighbors too! A 2-for-1 deal...
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