On July 12, 2017, the New Haven Register quoted Professor David Spence in a story on a new analysis by WalletHub, a Washington, D.C.-based personal finance website, that found that, when it comes to overall energy costs, Connecticut is the most expensive state int he nation for consumers. Spence said the natural gas pipelines that bring the fuel to Connecticut and the rest of New England have “a constraint” in the amount of natural gas they can deliver to the region during period of peak demand. That constraint drives up the cost of natural gas during peak usage periods. “That also increases the price of electricity (generated) from natural gas at those times,” Spence said.
About the Author
David Spence is Professor of Law, Politics & Regulation at the University of Texas at Austin, where he teaches in both the McCombs School of Business and the School of Law.