FPL integrated ownership of fracking and pipelines to LNG export for its profit, at the expense of Alabama, Georgia, and Florida landowners, U.S. natural gas customers, and of course FPL ratepayers: that’s what FPL is hoping to wrap up at the Florida PSC.
FPL wants to buy the 50% its parent NextEra Energy bought of “independent” PetroQuest’s Oklahoma fracking operation back in 2010 before FPL put out its December 2012 RFP for what ended up being the Transco -> Sabal Trail -> FSC methane pipeline to Martin County, Florida, plus an FPL pipeline from there to the sea at Riviera Beach. where meanwhile three LNG export operations have been authorized and a fourth LNG export operation has reqeusted a permit from FERC.
FPL’s PR of 25 June 2014 doesn’t mention most of the above, not even that NextEra already owns half of PetroQuest’s Oklahoma fracking operation. FPL proposes innovative plan to invest in natural gas to save customers millions of dollars and lower long-term fuel costs, Continue reading FPL to purchase NextEra gas fracking subsidiary in Oklahoma