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Oil and natural gas prices continue to rise, seemingly endlessly

To free our nation from imported oil
Wind Turbines Can Produce Power and Jobs, Reduce Oil Dependency

By Jim Liedell

Oil and natural gas prices continue to rise, seemingly endlessly.  How can we cope with skyrocketing energy costs, air fouled by fossil fuel power plant emissions, which cause respiratory illnesses and medical bills, and other perpetual price jumps?

electrate_278We need cheaper, cleaner power.

To get it, we must use the successful path European countries have taken to benefit from offshore wind turbines.

As Reuters reported recently, Britain will build 5,000 more offshore wind turbines by 2020 to produce 25 gigawatts of electricity; added to the eight gigawatts already in place, wind will power 25 percent of Britain's total electricity supply.

Minerals Management Service's analysis of Cape Wind's project concluded its many major benefits far surpassed its few minor negative impacts; and of the 42,000 public comments, more than 41,000 (97.6%) supported the project.

 A U.S. Department of Energy report released in May on wind power concluded, "The U.S. can increase its use of wind power over the next two decades to supply 20 percent of the nation's electricity . . . U.S. coastal states can harness 50,000 megawatts of offshore wind in shallow water depths of less than 100 feet," and "increasing the use of wind power to supply 20 percent of the nation's electricity will create up to a half million new American jobs."

Nearby land wind turbines are increasing: one at Mass. Maritime Academy, with a second planned, two at Hull, at Hyannis Country Garden soon, two north of Falmouth expected soon - at the town wastewater treatment plant and at Notus Clean Energy - and at Cape Cod Community College soon.

Our call to action as concerned citizens is to support offshore and land wind turbines, thus assuring we will receive wind power benefits locally.

Jim Liedell, Yarmouth Port

Previous articles by Mr.Liedell;

27 comments
Blog posts and comments are entirely the thoughts and ideas of the people who write them and in no way represent the views of CapeCodToday.com, eCape, Inc., or its employees or owners.

06/26/08 @ 9:51 pm
lmc035@gmail.com [Member] writes:
Wouldn't it be great if there was a clean renewable energy source out in Nantucket Sound powering 70% of Cape & Island homes with rates locked in with the Cape Light Compact?

http://www.boston.com/business/articles/2008/06/26/analyst_sees_10_million_fewer_cars_by_2012/
06/26/08 @ 10:00 pm
maverick [Member] writes:
Imco35...please explain to me how Cape Wind is going to have any effect on oil and natural gas prices in our or our children's lifetime.

And if it won't please be honest enough to say so.

Thanks
06/27/08 @ 4:14 am
sparky [Member] writes:
No one single electric generation plant of any technology is going to make a significant dent in any fuel price. Its the size of the fleet that matters. SEMASS electricity price surge is due mainly to all the gas fired generation capacity built in the last decade. Price of gas goes up, price of juice goes with it.

SEMASS needs more electric generation capacity, and a healthy piece of that needs to come from renewables. Clean juice, no fuel costs, etc.

There will probably no quick fix to our energy issues. CEO of Duke energy states it well "There’s no silver bullet, just silver buckshot.”

Mav, I'm hoping you or your children will have the opportunity to be driving a PHEV that is flexibly fueled with second gen biofuels and charged from clean juice. Bye bye OPEC.
06/27/08 @ 5:36 am
possee [Member] writes:
maverick
The notion of wind power solving energy prices is a fairy tale of monstrous proportions..
It will take years of red tape and original upstart costs will exponentially surge upon completion..

Meanwhile,petroleum still rules the world..like it or not
and will continue to do so as long as there is natural gas, oil, and shale left in the bowels of the earth..

People tend to forget basic economics..
Petroleum and its byproducts are in every thing we touch, feel, drive, wear,eat..etc...
Petroleum has countless billions invested worldwide in research,exploration,production,refining..
The entire world's economy is based on oil.
Wars are waged,nations funded, speculators and the worlds' banking is based on oil.
Business wil throw us an appeasement of hybrids to drive..but their entire technology and production is still oil based...
Petroleum controls the alternative energy market as well through subsidiary companies....
06/27/08 @ 6:14 am
lmc035@gmail.com [Member] writes:
Maverick & Possee - seems like you missed the part about Cape Wind offering to lock in it's rates with the Cape Light Compact.(http://www.capelightcompact.org/)
"Mr Gordon stated that Cape Wind is seeking long term power supply contracts" - http://www.wgbh.org/cainan/article?item_id=3354363

So, given todays volatility in the energy markets, the savings from a long term contract would have been seen in the residential/commercial ratepayers bills immediately. Instead, we are getting jerked around by high prices and instability in the marketplace.

Ready to start taking the bus?
06/27/08 @ 6:16 am
lmc035@gmail.com [Member] writes:
http://www.wgbh.org/cainan/article?item_id=3354363 - Cape Wind was looking to lock in a long term contract with Cape Light Compact. This means the astronomical rates we'll be paying for petroleum/lng/coal based electricity will be far higher than what ratepayers would be paying for Cape Wind electricity. We wouold see saving immediately.
06/27/08 @ 10:53 am
maverick [Member] writes:
Imco35...I don't think I have missed anything. The site has not been approved.

And if and when it is then the true costs of this supposedly free electricity will be determined and exposed in their attempt to secure a Power Purchase Agreement.

Are you suggesting we should have abandoned the approval process so Mr. Gordon could lock in a long term agreement?
06/27/08 @ 11:14 am
Solon [Member] writes:
Jim,

Great article. You base your opinion on facts. Some never let facts get in the way of their opinions. Don't worry about them--they are vociferous but part of that irrelevant 2.4%.
06/27/08 @ 1:16 pm
lmc035@gmail.com [Member] writes:
Maverick - Oil will probably close over $140/barrel today. Noone in their wildest dreams would have thought a year ago that this would be the case today. People are going to pay double to heat their homes an the electric bill will go through the roof. People have been pushing renewable energy since the last oil shock. In my view, that's been a bunch of BS. Either put up or shut up. You have folks like the Kennedys talking out both sides of their mouths. We're in this situation for a reason. Noone has had the forethought to protect the US by increasing supply of crude or getting us unhooked from overseas oil. So here we are waiting to go bankrupt. It will cost school systems twice as much to heat the schools and bus kids in. Imagine what it'll do to the already failing public transportation system on cape cod. How about the fishing fleet? They are already dealing with overfishing, fishing stock collapse and now $5 diesel.

06/27/08 @ 2:31 pm
maverick [Member] writes:
Imco35...I agree with most of your last thoughts.

Please explain to me how Cape Wind is going to change that. As for Solon's comment I take it with a grain of salt.
He is on WB's payroll.
06/27/08 @ 3:31 pm
lmc035@gmail.com [Member] writes:
Cape Wind is the only feasible regional option that can come online in the near future. LNG prices are rising along with Crude prices. Nuclear takes decades to permit and build and requires a huge investment along with NIMBY opposition. (Do you think they'd put a nuke plant in Hyannisport?)

Who knows, maybe oil prices will retreat and we'll forget about this 'problem' for another decade or two.
06/27/08 @ 4:25 pm
lmc035@gmail.com [Member] writes:
Or, this going to be three strikes (oil shocks) and you are out?
06/27/08 @ 5:04 pm
maverick [Member] writes:
Imco35...an honest question deserves an honest answer.

This post stated:

Oil and natural gas prices continue to rise, seemingly endlessly.

My question is simply will Cape Wind change that? And if so how? No rhetoric.
Just an honest answer.
06/27/08 @ 6:20 pm
lmc035@gmail.com [Member] writes:
YES. Cape Wind would be the first large scale project in the United States an it would lead to additional investment in offshore wind farms which would in turn reduce the reliance on natural gas & oil.

Colonel Edwin Drake supposedly was the first person in the U.S. to drill for oil. Until this time, the primary lamp fuel had been whale oil. So this is when Nantucket lost it's hold on the US energy market and whaling and whale lamp oil prices hit the skids...
http://en.wikipedia.org/wiki/Edwin_Drake

It is so ironic that folks around Nantucket Sound are against wind turbines but their predecessors were the ones hunting down whales for their oil.
06/27/08 @ 6:43 pm
maverick [Member] writes:
Imco35...you continue to spin without facts.

Will Cape Wind reduce oil and gas prices in your lifetime?

Enough about my friends the whales. The ones your shipping boats continue to kill.

An honest answer please. Or don't you have one?
06/27/08 @ 7:26 pm
smahkcep [Visitor] writes:
The point is: CAPE WIND - WILL- Help to reduce our dependence on foreign OIL & NATURAL GAS supplies...

Whether or not CAPE WIND coming on line has an immediate, or subsequent effect to reduce oil or gas prices remains to be seen...

Who could have predicted how the speculative market has helped to cause the dramatic increase in oil?

The irrefutable fact is, that once more & more renewable fueled plants come on line...

It cannot help but to affect our lives in positive manners on many fronts....

To suggest otherwise is indicative of a lack of intelligence, & awareness of factual evidence suporting this truth.
06/27/08 @ 7:30 pm
possee [Member] writes:
Please explain how any wind farm will reduce oil/gas prices ...
This is a fairy tale..
I state again..
world economics 101..

Instead of worshipping the benefits of wind, solar, alternative energies..
(and, yes they are viable alternatives.)

(Big oil monopolizes the entire world economy and politics..)

Face the facts..!!!
They control alternative energy as well.

and everything in energy suppply is based on the bottom line..period..
06/27/08 @ 7:33 pm
maverick [Member] writes:
Peck...Lack of intelligence? Factual evidence? Where might this be found?

Most of us don't have to spread crap to maintain a relationship.

Good luck with yours. The facts please.
06/27/08 @ 7:37 pm
possee [Member] writes:
I am 100% sure that if crusader and bittersweet did an in depth investigation of world politics and oil, it would make the Worthington case
a Mr Rogers episode in comparison..

no slight intended on the case....
06/27/08 @ 7:45 pm
possee [Member] writes:
smahkcep
As regular commenter, how can you justify the that Cape Wind will affect oil/gas dependency from foreign oil?
What evidence do you have that our gas/oil prices will reduce if Cape Wind is up and running?

Yes, wind, solar, and other energies are common sense and must be approached.

but to defer to CW as the end all and reduce by any amounts paid at the gas pump or heating our homes is mere folly...
06/27/08 @ 8:21 pm
maverick [Member] writes:
possee...Peck makes the comment "Who could have predicted how the speculative market has helped to cause the dramatic increase in oil?"

I hope he comments on who could have predicted the huge increase in the cost of an offshore wind farm.

Good Folks...all Cape Wind will do is raise your electric bill, destroy Nantucket Sound and have no affect on oil or gas prices.

Whether it is built or not will not affect me in any way. But it will change Cape Cod as we know it.

Be careful for what you wish for.
06/27/08 @ 9:10 pm
possee [Member] writes:
maverick

Look forward to the fishing trip!
Thank you and crusader for considering me.
As for the wind farm..
how the hell are proposed decreases in electric rates via the CW reduce gas/oil prices?

Is this the twilight zone or what?

See you in August maverick..
hope you have a profitable season and enjoy life..I know you will!

Do you warrantee a 35# striper on completion?
I will pay good money in the meantime to anyone here for a fresh striper....
the Filet Mignon of the sea..
06/27/08 @ 9:27 pm
smahkcep [Visitor] writes:
Ahyup Mav... I wus thinking of you...

And to think, (of course, it is your alter-ego thinking for you the D'Alliance) if CAPE WIND was in fact built years ago we would be reaping the benefits of locking in a FIXED RATE for our electricity...

Instead of getting plucked by the D'Alliance's propaganda smear tactics suckering in the un-informed & gullible.

And whod' a thunk... The "relationship" is better than ever!...

How's yours with your cows?... & Those who spew the same gas?

posse... I don't believe anyone who supports CW has suggested our energy prices will come down or what we pay at the pump...

What is factual is we have an opportunity to REDUCE OUR dependency on FOREIGN oil & gas by using OUR OWN... Renewable / pollution free source of energy...

I know you if anyone has the ability to grasp the concept.

But then... To suggest big energy "controls" renewables...

Well, I would suggest otherwise...

However, they ARE getting on board.

"Clean Coal" - Ha! Certainly not part of the picture.
06/27/08 @ 9:31 pm
smahkcep [Visitor] writes:
P.s. Son brought back about 10#'s of Striper 2nite...

And... Grilled.

Holy Nantucket Sound!
06/27/08 @ 10:10 pm
maverick [Member] writes:
Peck..."Holy Nantucket Sound!"

Let's keep it that way. Thanks.
06/27/08 @ 10:34 pm
crusader [Member] writes:
possee, I enjoy your comments and hope to continue our discussions in August. Thanks for the vote of confidence, but the oil guys are no easy crowd. Main reason is they have too much money. There are many ideas brewing for energy. The scientists know how vital it is to saving our civilization & working around the clock to come up with better ideas that will not destroy our fragile environment--too much damage is already done. I was told that a college in NE area did the research and plan for a model wind turbine and discovered the expense would exceed the benefits. GeoThermal is the way to go--and the rich tycoons need to put their money there, instead of oil. Just think how we could transform our country if we didn't have wars for oil.
06/28/08 @ 5:13 am
possee [Member] writes:
smahkcep

I support wind,solar,and any new technology that will offset (to any degree)oil dependency..
it's the idea that we will independent from oil..
oil unfortunately rules the world..
financially
politically
technology
and so on..

oil has so much invested that it'll quell any market that will affect its bottom line..

or buyout that market to protect its self interests...
there are efficient alternatives as we speak..
but will not be available til oil finds it lucrative to release to market and it's no longer profitable to extract oil worldwide..
I speak with the truth on this..
(Without details) I was told 30 years ago that if the American people knew 1% of what's really going on..
there would be mass hysteria..

ALL our new technology released to the public is 25 years old...

it's all about control...

..and I am not a conspiracy theorist..
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