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Tag Archives: natural gas
Burn Out: The Endgame for Fossil Fuels. Dieter Helm.
Burn Out: The Endgame for Fossil Fuels. Dieter Helm. Book review Ironically, given its theme, as published early in 2017, “Burn Out: The Endgame for Fossil Fuels” shortly preceded the announcement made by President Trump of the withdrawal by the United States from the Paris Agreement on climate change, driven primarily by an aim […]
LNG comes to Boston, a harbinger of the future?
LNG comes to Boston, a harbinger of the future? The most curious natural gas story of the year so far comes out of Boston and seems to have echoes of a deepening Russia-related scandal in Washington. A liquefied natural gas (LNG) tanker bearing natural gas produced in part in Russia delivered its cargo to the […]
The Power of Siberia and China’s Next Natural Gas Moves
The Power of Siberia and China’s Next Natural Gas Moves Gazprom’s Power of Siberia pipeline is more than two-thirds complete. It will be delivering gas to China by the end of this year. A second pipeline is still under discussion. A report yesterday from Alex Mercouris at The Duran noted some frustration from Chinaover the irregular […]
U.S. Department of Energy Doubles Down on Shale Optimism
U.S. Department of Energy Doubles Down on Shale Optimism The U.S. stock market is not the only thing that’s gotten overheated in the last few years. Exuberance over U.S. energy output has hit a record high as natural gas production has reached its all-time peak, and oil production nears highs not seen in 47 years. […]
Pipeline Wars: Realpolitik meets Geography
Pipeline Wars: Realpolitik meets Geography The headlines are ablaze this month with news from all over about new pipeline projects coming into Europe. Never one to miss an opportunity to do the U.S. State Department’s bidding in how it presents pipeline politics, Oilprice.com published a howler of a piece about the Southern Gas Corridor. Titled, “Is This […]
Cold Snap Heats Up Natural Gas Prices
Cold Snap Heats Up Natural Gas Prices Natural gas inventories plunged by 288 billion cubic feet (Bcf) for the week ending January 19, another massive decline that has tightened supplies and pushed up prices. Total gas inventories now stand at 2,296 Bcf, which is 519 Bcf lower than at this point last year, and 486 […]
An Unsolvable Natural Gas Dilemma
An Unsolvable Natural Gas Dilemma Natural gas isn’t the first thing that comes to mind at the mention of the Netherlands. Clean energy is a more likely association. And yet gas is at the center of one of the country’s major headaches. At the heart of the problem is the giant Groningen gas field that, […]
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas
New NASA Study Solves Climate Mystery, Confirms Methane Spike Tied to Oil and Gas Over the past few years, natural gas has become the primary fuel that America uses to generate electricity, displacing the long-time king of fossil fuels, coal. In 2019, more than a third of America’s electrical supply will come from natural gas, […]
“Bomb Cyclone” Explodes Over East Coast, Sends NYC Nat Gas Price To Record High
“Bomb Cyclone” Explodes Over East Coast, Sends NYC Nat Gas Price To Record High “The strong storm system off the east coast continues to rapidly strengthen, bringing strong winds, heavy snow, and bitter wind chills to the I-95 corridor. As of 11 AM EST Thursday, the system had strengthened to 951mb, which is a drop […]
And You Thought Bitcoin Was Volatile…
And You Thought Bitcoin Was Volatile… If you are one of those people living in the Northeast who likes to keep their home temperature above freezing and waking up without frostbite, we have some bad news… Another sudden bout of cold weather and LNG prices are soaring more than the seasonal norm. Your heating bill […]
China’s Natural Gas Consumption Soars
China’s Natural Gas Consumption Soars Chinese natural gas consumption surged through the first 11 months of 2017, up 19 percent year-on-year. China is the third largest consumer of natural gas in the world, behind the U.S. and Russia, and is expected to show the strongest demand growth over the coming decades—propelling it to second place by 2040. […]
The Uncertain Future Of Natural Gas
The Uncertain Future Of Natural Gas Natural gas has long been promoted as a less-polluting alternative to coal and less-costly alternative to nuclear power. Its green credentials are not whiter than white, but relative to coal, modern combined cycle gas turbine power plants (CCGT) are highly efficient, emit low levels of pollution and crucially can […]
‘Perfect Storm’ Wreaks Havoc On Europe’s Energy Market
‘Perfect Storm’ Wreaks Havoc On Europe’s Energy Market The natural gas market in Europe suddenly got a lot tighter this week, with two unexpected supply outages wreaking havoc across the continent, forcing Italy to declare a state of emergency. The first incident that made big headlines was the crack in the Forties pipeline in the […]
Huge Hub Explosion Sparks Surge In UK NatGas Prices
Huge Hub Explosion Sparks Surge In UK NatGas Prices It has been a tough week already for those that heat their homes in Britain (and those that trade Natural Gas). Following extreme weather warnings and the forties pipeline crack shutdown, an explosion at one of the Europe’s biggest gas hubs further tightened supplies sending gas […]
UK Heating Gas Prices Spike To 2013 Highs Amid Weather “Yellow Warning”
UK Heating Gas Prices Spike To 2013 Highs Amid Weather “Yellow Warning” The U.K.’s Met Office issued a ‘yellow’ warning after dumps of snow over the weekend disrupted travel, sending the price of same-day heating gas prices to their highest since 2013… The average temperature in the U.K. for the rest of Monday will be […]
