State would benefit from pipeline
To the Editor:
I fail to understand why you continue to perpetuate the myth that the Kinder Morgan pipeline will have little, if any, benefit for New Hampshire.
If you consider the fact that this state has the sixth highest cost per kilowatt hour in the nation, and that this cost affects every resident who is connected to an electric utility, then the pipeline has a real benefit to New Hampshire.
Today, Oct. 6, 70 percent of the power generated in New England is with natural gas, 17 percent is nuclear, 8 percent is renewables, 4 percent is hydro and 1 percent is coal. Of the renewables, 47 percent is wood, 41 percent is trash, 11 percent is wind and 2 percent is solar. That formula changes radically in the winter, when the demand for natural gas heat for residents and business kicks in and the supply shrinks for power generation.
That is when the utilities import liquefied natural gas from Trinidad and Tobago and Algeria at a cost two to three times that of domestic natural gas, and electricity prices soar. This is not the way to grow an economy and ensure a future for our young people in this region. We desperately need additional natural gas, and the proposed pipelines will increase capacity and ease the costs of heating and electricity for the residents of this state, and that is a very real benefit.
I suggest that those who oppose the pipeline read a recent Wall Street Journal article titled "A Land That the Gas Glut Forgot" to get a better understanding of the problem in New England.
James M. Coull