NYC’s Gas Ban Will Force City’s Poor to Pay 78% More for Heat
Last week MDN told you that New York City decided to commit energy and economic suicide by outlawing the right of new buildings built within city limits from using natural gas for heat, cooking, etc. (see New York City Commits Energy Suicide – Mass Exodus Begins). The impact of that city-destroying economic asteroid is still reverberating. How’s this for a number: The average price to heat a home in the northeastern part of the country with natural gas is $865 per winter. The average cost to heat a northeastern home with electricity is $1,538 per winter–or 78% higher. Guess who a 78% increase in heating bills in NYC will affect (and devastate) the most? The poor.
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Yesterday Tennessee Gas Pipeline (TGP), a subsidiary of Kinder Morgan, filed a proposal with the Federal Energy Regulatory Commission (FERC) to implement a “responsibly sourced natural gas (RSG) supply aggregation pooling service” at select locations across the TGP system. Translation: Utilities and other buyers will be able to buy RSG certified natural gas for their customers, costing them more money.
In the wacky world of leftists, all money earned by private companies belongs to the state, and the state beneficently allows a company to keep some of that money to pay employees and shareholders. That’s the attitude of the far left, anti-drilling group Policy Matters Ohio (PMO), which doesn’t like the current oil and gas severance tax of 2.5% in Ohio. It’s not nearly high enough to fund leftist programs, according to PMO.
Yesterday MDN told you that New York City was pointing the gun of economic suicide at its own head, ready to pull the trigger by outlawing the use of natural gas in all new buildings throughout the city (see
The nuttiest, most inept Secretary of Energy in the history of the department, Jennifer Granholm, along with the man that says in 5,000 words than anyone else says in 5 words, Secretary of Transportation Pete Buttigieg (one of the best BSers on the planet), are joining hands and skipping with glee that together they will get to spend $7 BILLION of your hard-earned, taxpayer money to deploy a national electric vehicle charging network that’s part of Biden’s so-called infrastructure bill.
While some Biden officials are bashing the U.S. domestic oil and natural gas industry, blaming them for not drilling more to ease prices, other Biden officials, like the haughty John Kerry, continue to pressure Big Banks to deny funding for oil and gas companies, which prevents them from doing more drilling. Does anyone else see the hypocrisy and contradictions in the actions of the dysfunctional Biden administration?
Hey men (and those who “identify” as men), when was the last time you checked your sperm count? Quick! Check it asap! A new study says a substantial drop in sperm counts and fertility rates over the past 50 years “could be” linked to pollution from the (gasp) burning of fossil fuels. That’s right. Burn those nasty fossil fuels and what do you get? Low sperm counts. So says…The Onion? Comedy Central? Jerry Seinfeld? Nope. So says a “study” published in the journal Nature.