Any game-changing technological advance benefits some industries and challenges others. Ratings agency Standard & Poor’s has compiled a list of winners and losers from the US shale boom in a report, Game Changer: Industry Winners And Losers From The U.S. Shale Revolution, released yesterday. Among beneficiaries of the shale boom are the petrochemical industry, which is enjoying lower… Keep reading →
The largest energy services companies are set to benefit from a focus on oil drilling in the US as the shale oil boom in North America continues, analysts at Barclays claim, even as drilling for natural gas in shale – largely an “efficiency game” – becomes commoditized.
Much has been made of the boom in development of both oil and natural gas fields in the US, stemming from advances in the efficiency and deployment of hydraulic fracturing. That technological advance has created a price dynamic that weighs on the very industry that has taken advantage of it, while comparatively high global oil prices have made drilling for crude – a more complicated business – more attractive. Keep reading →
All politics is local, the old saying goes, and that is particularly true with energy. Energy has become a major issue in the US elections, and how voters perceive energy issues is often influenced by the infrastructure they see around them.
As the US economy continues to measure the impacts of the shale gas and oil boom, new investments are being made in everything from pipelines to transportation fueled by natural gas to proposed data centers lying atop burgeoning gas fields. The transformational effects of the investments on local economies is obvious, but the debate over everything from water quality to truck traffic continues to grow in volume too. Keep reading →
American car companies are moving ahead with a plan to produce natural gas powered cars and trucks for public fleets in state-sponsored efforts to create a wider public market for the vehicles.
Representatives of the Big Three carmakers, and Honda, as well as auto dealers and companies that convert conventional engines to run on compressed natural gas, met with leaders of a consortium of states in Oklahoma City this month to discuss a request for proposal that has been issued by the states to the car makers. Keep reading →
It’s hard to avoid the issue of gasoline prices during an election year. But in an effort to avoid gasoline altogether, some large companies are avoiding the issue altogether by cashing in on significant fuel cost savings and accelerating moves to switch over their vehicle fleets to run on compressed natural gas.
In the Dallas-Fort Worth area of Texas, companies like AT&T and Verizon have teamed up with Clean Energy Fuels to save roughly $1.50 to $2.00 per gallon on fuel by converting to CNG. This video features Ken Nicholson, General Manger of Clean Energy Fuels in Dallas discussing the benefits of CNG and Brent Pope, Director of Sales for BAF Technologies talking about how his company converts gasoline and diesel fueled vehicles to run on CNG. Keep reading →
The use of natural gas in transport has the potential to change the role of energy infrastructure, politics and investing, but without the right mix of government policies and business commitment fuel consumption patterns will lag broader shifts that include a shift in consumption power to emerging economies. Keep reading →
A cab driver fuels up his CNG taxi on February 8, 2012 in San Francisco, California. San Francisco city officials announced today that 92 percent of San Francisco’s taxi fleet is comprised of hybrid or CNG vehicles
Chesapeake Energy has agreed to work with technology firm 3M to produce and market compressed natural gas tanks for the US transportation sector. Keep reading →