A year ago, it was common for energy executives, regulators and critics to marvel at the sense of whiplash they felt from the extraordinary revival of North American natural gas production. Technology shifts long in the making but broadly below the radar of markets underpinned an expansion of the fuel’s market share amid low pricing… Keep reading →
LNG Exports
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We will never sell or share your information without your consent. See our privacy policy.The proposed 6 million ton per annum (mtpa) Jordan Cove LNG export facility in Coos Bay, Oregon has completed the front-end engineering and design and pre-construction phases, but if and when the project clears federal regulatory hurdles, it may still face political opposition at the state level. Infrastructure firm Black & Veatch and construction and… Keep reading →
Investment bank Simmons & Co’s long-term forecasting envisions 12-20 billion cubic feet per day of incremental US natural gas demand by 2020, pushing total demand to 82-90 bcfd from around 70 bcfd this year. LNG exports are the biggest driver, adding 4.2-6.8 bcfd, followed by exports to Canada and Mexico (2.5-3.4 bcfd), power generation (3.2-5.6… Keep reading →
The Breaking Energy Team is en route to Anchorage for what promises to be a great series of speakers and events at the USAEE/IAEE North American Conference. Maybe we’ll see a bear! Or a Palin! The United States Association for Energy Economics, and its parent organization, the International Association for Energy Economics, are kicking off… Keep reading →
US natural gas prices could face rising volatility over the next several years as demand begins to catch up to the rapid supply growth of the last several years, according to Michael Zenker, Managing Director of Energy Research for SASCO Energy. The huge wave of supply that hit the US market in less than a decade… Keep reading →
Good news for gas drillers! A few days before the Environmental Protection Agency announced that it will neither finalize nor seek peer review of its investigation of the impact of hydraulic fracturing on groundwater at an Encana-operated field near Pavillion, Wyoming, The United States Geological Survey announced that it had found naturally occurring methane in… Keep reading →
The North American gas shale revolution’s medium-term impact on global markets will be realized through exports of the fuel itself, rather than the technology to access it, according to International Energy Agency Executive Director Maria Van Der Hoeven. “The unconventional gas revolution in the US will impact gas markets over the medium term more by… Keep reading →
Speakers at the Energy Information Administration Conference in Washington, DC this week addressed three critical questions raised by the prospect of US LNG exports: how much US gas will the global market take, what impact will US exports have on global prices, and will development of unconventional gas outside of North America have a dampening… Keep reading →
A lot of “unfortunate” attention was put on the Federal Reserve’s leadership ahead of yesterday’s FOMC meeting following President Obama’s comments that Chairman Ben Bernanke has “already stayed a lot longer than he wanted or he was supposed to.” So while potential candidate names such as Janet Yellen, Timothy Geithner, Christina Romer, Stanley Fischer, Larry… Keep reading →