Boston Globe's Erin Ailworth on Spectra Energy Increasing Their Natural Gas Pipeline
Wed, 25 Apr 2012|
Spectra Energy is looking to increase their natural gas pipeline. Erin Ailworth from the Boston Globe discusses her findings.
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Automatically Generated Transcript (may not be 100% accurate)
There again and Ari while our next guest is -- L from the Boston Globe and she's always one step ahead of the pack and she's got a story for today. Had a decline in. Already exists but it wants to be expanded. That runs from the New York area probably at the Beverly Massachusetts -- welcome to the show Daria -- -- If I would tell your boss though surely that your your head of the pack. Utility it's the company's called Spectra Energy in the -- the the existing pipeline which I don't runs the Beverly mass where does it start you know. Oh gosh aspect or any Lambert bill what you think you're armed. The Pennsylvania or something isn't on the now you're gonna act now have now have a look at the map I know what the Lambert -- -- in our other than that and it just. It looked like it like to play our computers you know I'm yeah. But they don't want to build a new one they just want to expand the capacity. Of the existing natural gas pipeline and. Yet using they were being used existing right of what made. Staying aircraft it. That they got get this spent on already entirely different could be pretty it. Actions larger -- and maybe you don't from compression to force more -- there -- IQ. So how much would be increased the capacity by AB based on the plans that they want a proposed. Is how much would it increase capacity. Well structured -- -- it looks like. And per -- and regionally they were talking about you know it out to build this pipeline built. -- a few more resource in -- expand. -- BP Eliot and think about 15%. Would would do it quite a bit of money and it looked at cost the money. Yeah I'm sure would but it is the existing pipeline running at full capacity because I would be yet. You know why would you spend the money that wasn't if you are already Macs and your existing capacity. Yes good at what they call fully subscribe to which means that a lot of the time it is -- A night it came a little bit dated date but what are -- -- know. Mostly running it -- Now there's been a problem a lot they'd be you know you -- natural gas prices are cheap and we have been able to they have been able to sell these of people that all the natural gas rates. Will if they bring this natural gas up are they gonna be of the sell -- -- and star National Grid Northeast Utilities are these companies gonna by the natural gas. Well and here's the thing they cannot build this pipeline. Will Al. Customer commitment. So that they -- the first step they've got to get by old bum -- utilities. And they -- interrogated then and they put a more detailed project proposal together and that -- -- -- control of the regulatory. Approval process. And and then you know don't the thing advocate at that point. So not. What is the what do you think the chances are of these utility companies wanted to buy it. You know that. EBay thing. So I talked and star and -- -- -- security now Norton utilities and national great. And you know there had been no commitments made yet they were telling me that ego buried there are people constantly it it. Discussion -- actor about in the number of issues what I can say it is that. -- it -- at the Federal Energy Regulatory Commission is K a lot of attention to this couple months ago. Couple of the commissioner Serb brings up questions about. Pipeline capacity in the region and add to growing our dependence on. Natural gas and -- Electric eat a lot of electricity generators are now using natural gas to take our power. Yup I think you reflecting your article that 60% of our electricity comes from natural gas generation right. -- that in Massachusetts and new -- -- about half. Well BA at -- leaner. The what do you think ninety. The why are we -- more to more expensive than say Arizona or Georgia or Tennessee. Welcome it because we are typically at the end of that sort of supply -- you know a lot of -- -- to come up from. The Gulf of Mexico or from other places so you know the fire echoed more -- get -- aren't being a true. Now different third parties. That that actually. Why -- could be not me. Four Mac -- and New England for many people are saying is because a what. Shelter -- we are. Close to one of the largest shale formation. You know that there is that there -- ballot -- and Pennsylvania new York and quite a few other states. -- having that so close could. Dropped it is just because it is -- What's why is Martha Coakley involved in this irate she was quoted is is saying that she's going to be examining the viability of this title with a heck fishy have to do with a pipeline running from. Jersey and Pennsylvania. Up to Beverly mass I can't imagine her involvement. Buccaneers being it -- it is federally regulated by Y 11. You -- you like or injury or like National Grid. Commit to something like that ultimately packet that costs passed on Qiyue. The great question though for what look at you know. The proposed. Cost is yet and it it it ever. True unjustifiable. And that -- curry well. Well go ahead at market is it that's what -- do you. That point Coakley. OK if today -- -- bring it. Two. DP you are trying to cover any of the cost and yet to be attacked. Interest -- of that that detonate it makes me a little less than optimistic but to any way to keep the nine Aaron thanks for your they thanks for colony and we appreciate your time. Aaron no -- Boston Globe joining us.
