My comment wasn't wrong. Gas prices as of now are rising and will continue to do so for the near future.
I think TTF and JKM have been below Henry Hub maybe twice since I was in high school... so if high is defined by what the world pays then US gas is very cheap.
I'm sure you have seen the number of LNG export projects that are in the pipeline.
I agree. The more people access the true gift that is America the worse it will be. Please pick up after yourselves and others.
European energy policy will drive our nat gas prices up and in fact already is.
I like the idea, it could certainly provide a quality of life cushion here in the US, but it's still transitioning to finite resource. Also, several of those biggest demand countries could refuse to buy LNG just out of spite and nationalistic best interests.
Manchin didn't get the votes to get the MVP completed. Opposition to both coal and NG, from the same zealots.
Lol a buddy at Exxon got a call the other day asking about the feasibility of a transatlantic pipeline
so yeah people see an opportunity.
wyofile.com
Supplying Europe with NG would be good, assuming Europe remains solvent.Lol a buddy at Exxon got a call the other day asking about the feasibility of a transatlantic pipeline
The original argument was that NG was what put the nail in the coffin of coal, which it certainly did… I mean just physics it’s way cheaper to move a BTU of heat via NG than via Coal.
There is a lot of room for expansion with US shale gas, certainly exports keep prices higher than without, but that will cause some expansion of supply… yada yada yada… anyway hard to know the stabilization price but net net it’s good for the US to be Europe’s supplier and not Russia.
Not good for the US citizens.
www.nrcan.gc.ca
I worked in the power industry during the Obama years. The narrative that gas killed coal supply isn't true. Coal was perceived to be dying before gas got cheap. Even after gas got cheap on a per MW basis most coal plants where still cheaper. EPA rules(NSPS,ESPS,CSPR,MATS,MACT,CCR, CW rules) and threat of future rules are what killed coal. Again, I was there and involved in the conversations.Lol a buddy at Exxon got a call the other day asking about the feasibility of a transatlantic pipeline
The original argument was that NG was what put the nail in the coffin of coal, which it certainly did… I mean just physics it’s way cheaper to move a BTU of heat via NG than via Coal.
There is a lot of room for expansion with US shale gas, certainly exports keep prices higher than without, but that will cause some expansion of supply… yada yada yada… anyway hard to know the stabilization price but net net it’s good for the US to be Europe’s supplier and not Russia.
The same people that hate coal and gas hate nukes more.Speaking of, "clean" energy...
Uranium and nuclear power facts
3 Reasons Why Nuclear is Clean and Sustainable
Most people immediately think of solar panels or wind turbines as clean energy, but how many of you thought of nuclear energy?www.energy.gov
I did hear Greta is on board with nuclear energy now.......
Well then our companies can help them frack on their own soil, and save them all the transportation costs as well.
Inspite of what John Kerry is telling everyone, China is burning a lot of coal, and selling excess contracted LNG to Europe at a very good profit.
Hah! Nuclear over coal in Germany. A quality idea. Kudos to the little puppet.
