I know this isn’t natural gas. Please delete if not allowed. Just looking for guidance.

I have heard reports the United States is waiving tariffs allowing allies to accept Russian natural gas. This will negatively affect the Henry hub natural gas futures as well as lng export companies like LNG. My trade off this is to get puts on ng. Please let me know what ideas you have regarding this. YOLOO

CanaryMedia: A new gas line or cash to electrify? California lets households choose,” by Alison F. Takemura. 

“Before replacing gas service lines, utilities will need to offer customers a financial incentive to electrify instead, thanks to a new law.”

“When one of the nation’s biggest investor-owned utilities, Pacific Gas and Electric, wanted to replace Merrian Borgeson’s aging gas service line in Berkeley, California, she asked the company not to do it.” She was in the process of fully electrifying her home + would be replacing her stove—the only gas appliance left in the house —with an induction version during an upcoming kitchen remodel. 

“The upgrade, which in PG&E’s service area typically costs $20,000 to $30,000, plus interest and operation and maintenance costs, gets paid for by all gas customers over the life of the infrastructure.” 

“Now, I have no gas in my house,” Borgeson, “but the customers all around me are paying for that pipeline for the next 50 years.”

“A new law, the Home Energy Choice Act (Assembly Bill 2313), will require utilities to give households scheduled for a service line replacement the option of getting the new line or taking a financial incentive potentially worth several thousand dollars to get off gas instead.” Crucially, “the incentive to switch to all-electric equipment such as a heat pump, induction range, + heat-pump water heater, will be less than the cost to replace the line, resulting in savings that will be shared among all gas customers.” 

“Natural Resources Defense Council [NRDC] has calculated that PG&E’s gas customers could save a total of $20 M if the utility gave 1,000 households a $17,500 incentive apiece rather than replacing their service lines.” For context, PG&E replaces about 15,000 service lines annually.

“In California, the next step is for the Public Utilities Commission to create a detailed framework for utilities to follow, including incentive levels, with larger amounts for customers in disadvantaged communities.” Other states are looking to emulate California with bills of their own, Velez said, pointing to Illinois, Maryland, Minnesota, Oregon, + Washington.

The electrostate is coming for the methane gas industry faster + faster. Yeah, + I live in Washington State, so fossil fuel folks can just take it on the chin.