freeski wrote:I thought it had to do with the St. Lawrence Seaway, butt they have pipelines. Refinery makes since. Plus LePage.Mister Moose wrote:Because Irving has a refinery in St John New Brunswick. Lower cost producer.freeski wrote:The price of gas in Western Maine is as low as $2.25.
Irving out of Canada is driving the market.
http://atlanticcanadaoffshore.ca/the-at ... -offshore/" onclick="window.open(this.href);return false;Atlantic Canada has a thriving offshore oil and natural gas industry, with five producing projects, one development project and ongoing exploration activity in the area.
Atlantic Canada produces more than 180,000 barrels of oil per day and 150 million cubic feet of natural gas per day, representing five per cent of Canada’s total crude oil production and 1.0 per cent of Canada’s overall natural gas production.* To date, development of oil and natural gas production in Atlantic Canada has mainly occurred offshore Newfoundland and Labrador and Nova Scotia.
That oil probably has the shortest commute in the entire northeast, except maybe PA wells that are refined and sold in NJ.