The safe and efficient movement of goods, services and people is at the core of our economy. Government at all levels must be willing to prioritize critical long-term investments, as well as support private projects producing real economic benefit. Included in this is upgrading New York’s aging power grid and developing the state’s natural gas transmission system. Both priorities are a part of the Buffalo Niagara Partnership’s 2018 Advocacy Agenda.
With the Presidential election behind us and President-elect Trump organizing his cabinet, the Great Lakes Metro Chambers Coalition came together to strategically reexamine and further develop its priorities. As a founding member of the Coalition, the Partnership joins nearly 40 chambers of commerce from Great Lakes states, to support economic development in the Great Lakes region. Each year, we advocate for policy initiatives that will ensure the competitiveness of the 12 states and 2 provinces that make up the group.
As expected, 2015 has already provided some unexpected twists and turns within the energy markets that are sure to continue throughout the year.
However, before we explore forward market conditions, it helps to take a look back and benchmark some of the significant market events that still influence today’s prices.
The Partnership is proud to announce that we can cross another one of our top priorities off the do-list list. Earlier this week, the New York State Department of Environmental Conservation (DEC) finally outlined its program to allow the construction and operation of Liquefied Natural Gas (LNG) facilities in New York.
For far too long, New York has been the only state in the country without an LNG program, forcing New Yorkers to miss out on the real economic opportunity that LNG offers.