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54 Things You Didn’t Know About Natural Gas

54 Things You Didn’t Know About Natural Gas Every once in a while, I will realize that I have spent way too much time talking about oil, complaining about pipelines, Permania, free money and the impending “End of Big Oil because of Electric Vehicles”. And it’s on those days that my attention turns to oil […]

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Can The Gas Glut Kill The Permian Boom?

Can The Gas Glut Kill The Permian Boom? The Permian basin continues to add new oil production, but shale drillers in West Texas could face an unexpected problem: too much natural gas. Natural gas is produced as a byproduct when drilling for oil. Oil tends to be more lucrative, so shale companies typically target oil […]

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Natural gas has no climate benefit and may make things worse

Natural gas has no climate benefit and may make things worse Methane leaks in New Mexico’s oil and gas industry equal 12 coal-fired power plants. A GAS FLARE AT A GAS-PROCESSING FACILITY IN NORTH DAKOTA. CREDIT: AP/MATTHEW BROWNThe evidence is overwhelming that natural gas has no net climate benefit in any timescale that matters to […]

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Will The Third Great Energy Revolution End The Oil & Gas Industry?

Will The Third Great Energy Revolution End The Oil & Gas Industry? The history of crude oil and natural gas is a history of technological innovation. Until recently the innovation supported crude oil and natural gas. Now, it challenges it, causing structural changes in the crude oil and natural gas markets. Originally, crude oil was […]

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Australia’s east coast gas crisis will be permanent

Australia’s east coast gas crisis will be permanent Australia comes up with yet another grand energy policy in which gas is supposed to deliver dispatchable (peak) power. From the Prime Minister’s website: NATIONAL ENERGY GUARANTEE TO DELIVER AFFORDABLE, RELIABLE ELECTRICITY 17/10/2017 “….delivering more gas for Australians before it’s shipped offshore” Fig 1: Turnbull’s game changer […]

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Hurricane Irma’s Wrath Weighs On Natural Gas

Hurricane Irma’s Wrath Weighs On Natural Gas Hurricane Irma has left millions of people without power in Florida, a critical situation that could take a painfully long period of time to sort out. Estimates vary, but some 9 million people lost power during Hurricane Irma, according to the CEO of Florida Power & Light, the […]

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The Dutch love affair with natural gas: A cautionary tale for the United States?

The Dutch love affair with natural gas: A cautionary tale for the United States? The story sounds familiar. For decades oil and natural gas drilling have been proceeding and creating prosperity for those involved. At some point significant earthquakes occur in areas where they were formerly very rare or nonexistent. Those quakes are linked to […]

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Texas Oil and Natural Gas Update- Sept 2016

Texas Oil and Natural Gas Update- Sept 2016 Dean has provided his monthly update for Texas Oil and Natural Gas.  The most recent month’s estimate is often volatile and may be ignored, the June and May estimates are likely pretty good (within 1% and 2%), the April 2016 estimate is likely to be robust(within 1% […]

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The Natural Gas War Burning Under Syria

The Natural Gas War Burning Under Syria Qatar always wanted to punch above its weight. In Syria, it got the chance. In 2009, Qatar, a leading natural gas producer, approached Syria about routing its planned 1,500 mile pipeline to the gas markets of Europe through Syria’s Aleppo province. Qatar wanted a pipeline straight to Europe as its current […]

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Natural gas is a stupid transportation fuel

Natural gas is a stupid transportation fuel [ My comment: The only reason natural gas has come up as a transportation fuel at all is the false belief that there is 100 years of natural gas (even this article does, but natural gas may last far less for reasons explained in articles here). Although this article […]

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Texas Oil and Natural Gas- June 2016

Texas Oil and Natural Gas- June 2016 Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52 kb/d for Nov 2015 through March 2016 respectively. Output in April 2016 increased by 27 kb/d from the revised March 2016 estimate […]

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European Natural Gas Prices Collapse, as US Exporters Try to Muscle in on Russia, Norway, Qatar

European Natural Gas Prices Collapse, as US Exporters Try to Muscle in on Russia, Norway, Qatar US LNG exporters against the low-cost producers Oil and natural gas producers cannot catch a break of late it seems. A few years after the onset of the natural gas glut, Europe is experiencing a similar phenomenon with Russia […]

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“We Haven’t Seen This Is In Our Lifetimes” – CEO Says “Alberta Is In A Depression”

“We Haven’t Seen This Is In Our Lifetimes” – CEO Says “Alberta Is In A Depression” Regular readers know that we’ve covered Alberta’s decline at length (refresher here), so there is no need to give much of a backstory other than to say that the situation seems to get worse for the Canadian province as each […]

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Residents Flee, Home Sales Collapse 44% Following Biggest Gas Leak In History

Residents Flee, Home Sales Collapse 44% Following Biggest Gas Leak In History The “Fukushima class disaster” that emerged from Aliso Canyon’s worst ever gas leak has left behind more than just medical and human issues. According to RealtyTrac, in the three months following the discovery of the gas leak in late October 2015, home sales in the Porter Ranch zip code (91326) […]

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Is A Gas War Between The U.S. And Canada About To Start?

Is A Gas War Between The U.S. And Canada About To Start? The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging more than $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in […]

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