Natural gas is the fuel of choice in Maine these days, and it comes through two pipelines based in Canada, [State Rep. Kenneth ]Fletcher said.
If natural-gas prices go up significantly, the price of electric power will rise as well, although to a lower degree initially due to the way in which energy for electric power is purchased.
Supply might be a bigger concern.
Fletcher said that supply could be compromised for several reasons. When demand for natural gas increases -- such as in deep winter cold spells -- suppliers have every incentive to divert fuel to home-heating needs because that is more profitable than power generation.
As we've seen over the past few weeks, it's not a question of if natural gas prices will rise this Winter, but rather, just how much.
Technorati tags: Nuclear Energy, Energy, Electricity, Natural Gas, Maine, Canada
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