New England Electricity Prices Spike As Gas Pipelines Lag

…Utilities in New England have announced electricity rates hikes on the order of 30 percent to 50 percent, making prices some of the highest in the history of the continental United States…these changes seem to have come out of nowhere, but in reality, they have been a long time coming. Between the years of 2000 and 2013, New England went from getting 15 percent of its energy from natural gas to 46 percent. That’s dozens of power plants getting built…But the pipelines to supply those power plants? Not so much.