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The Water Cooler
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Social Security COLA figures for 2013 announced.
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<blockquote data-quote="dennishoddy" data-source="post: 1949991" data-attributes="member: 5412"><p>Historically coal has been cheaper than Nat gas. Its not now, but where will it be in the future? </p><p></p><p>I work in the utility industry. Specifically in Power Generation. Our company has gas generating plants and coal burning plants. Guess what is currently making your electricity right now, at this very moment. Its coal. I just looked on the board, and only one of our gas plants is running. All of the coal units are perking right along. </p><p>What the current administration is doing to bankrupt the coal industry has many aspects to it. Jacking up transportation costs is one way, but the reason PSO, AEP, and some of the other utility industrys are fighting are the unrealistic EPA regulations that are being arbitrarily shoved down out throats. The coal plants that decided to go off line were because of the expense that is imposed by these regulations. Scrubbers specifically. </p><p>It costs just as much to retrofit scrubbers to existing, but older coal plants, as it does to build a new unit, be it coal or nat gas.</p><p></p><p>Okla just dodged a bullet last month. The EPA ruling about some of the more expensive regulations was thrown out of Federal court. The court ruling was that the EPA did not have the legal right to impose those regs. The administration is apealing this as we speak.</p><p></p><p>The alternative energy industry is in shambles. Solar is not feasable, wind generation doesn't work when the winds not blowing, and some of the wind farms have been derated. Were it not for government subsidies, the wind industry wouldn't exist.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 1949991, member: 5412"] Historically coal has been cheaper than Nat gas. Its not now, but where will it be in the future? I work in the utility industry. Specifically in Power Generation. Our company has gas generating plants and coal burning plants. Guess what is currently making your electricity right now, at this very moment. Its coal. I just looked on the board, and only one of our gas plants is running. All of the coal units are perking right along. What the current administration is doing to bankrupt the coal industry has many aspects to it. Jacking up transportation costs is one way, but the reason PSO, AEP, and some of the other utility industrys are fighting are the unrealistic EPA regulations that are being arbitrarily shoved down out throats. The coal plants that decided to go off line were because of the expense that is imposed by these regulations. Scrubbers specifically. It costs just as much to retrofit scrubbers to existing, but older coal plants, as it does to build a new unit, be it coal or nat gas. Okla just dodged a bullet last month. The EPA ruling about some of the more expensive regulations was thrown out of Federal court. The court ruling was that the EPA did not have the legal right to impose those regs. The administration is apealing this as we speak. The alternative energy industry is in shambles. Solar is not feasable, wind generation doesn't work when the winds not blowing, and some of the wind farms have been derated. Were it not for government subsidies, the wind industry wouldn't exist. [/QUOTE]
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