Search Results for natural-gas
109 item(s) were returned.
Discussion

Gas Shortfall Highlights LNG Export Debate

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 13, 2012 at 7:30 AM

New England is facing a potential shortage of liquid natural gas (LNG) after terrorist attacks on a Yemenese pipeline cancelled shipments to a Massachusetts terminal. Domestic gas could make up the shortfall, but a gas pipeline or export terminals would be needed. Currently, area power and gas companies are working to establish financing for construction of a pipeline expansion, and proposed LNG export facilities are being held up by DOE. New England’s electricity market is a complicating factor in pipeline negotiations. New pipeline capacity would require long-term contracts between suppliers and utilities, and inchoate gas and electric power market rules make it… [more]

View Discussion
Discussion

U.S. Eyes Arctic Energy

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 7, 2012 at 12:35 PM

As Arctic ice recedes in the summer months, nations, including the U.S., are eying the region’s mineral and fossil fuel resources. The U.S. Geological Survey estimates that the Arctic holds 13 percent of the world’s undiscovered conventional oil and 30 percent of its undiscovered natural gas.  Secretary of State Hilary Clinton was in Tromso, Norway, last week telling reporters“A lot of countries are looking at what will be the potential for exploration and extraction of natural resources as well as new sea lanes,” but that it was important that countries “agree on ‘rules of the road’ in the Arctic so… [more]

View Discussion
Discussion

The End of Coal?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 17, 2012 at 7:22 AM

Bloomberg Government has published The Twilight of Coal Power?, an assessment of how EPA’s new greenhouse gas rules might affect coal-fired power plants. The report concludes that although coal will remain in the energy mix for decades due to existing plants, the EPA’s new rule will effectively ban new coal plants. The new rules require that fossil plants not exceed 1,000 lbs. of CO2/MWh. Scott Segal, executive director of the Electric Reliability Coordinating Council, which represents utility interests, warns that EPA’s rule will disrupt utility hedging by eliminating coal from the fuel mix and “depriving the market of its flexibility.”… [more]

View Discussion
Discussion

New Fracking Rule Draws Criticism

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 16, 2012 at 7:37 AM

The Bureau of Land Management (BLM), an arm of the Department of the Interior (DOI), last updated its hydraulic fracturing (“fracking”) rules in 1988, before many current technologies and techniques were adopted. Now, after more than 20 years, BLM has released a set of proposed changes to the regulations, including a requirement for disclosure of the chemicals used in fracking on federal lands, and standards for gas well construction. Currently, most fracking occurs on private lands, and is subject only to state regulations. A recent report found that only 5% of active shale wells in the past decade were on… [more]

View Discussion
Discussion

With Cheap Natural Gas, Who Needs Anything Else?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 10, 2012 at 7:46 AM

Domestic natural gas production continues to expand, while natural gas spot prices are at historic lows. Many utilities are responding to these changing market dynamics by building gas plants or “fuel-switching” existing power plants from more expensive fuels to gas. As a result, coal generation continues to fall. Due in part to price competition with natural gas, some Congressional “clean energy” subsidies may not be renewed. EIA projections suggest that domestic production will continue to increase, and that natural gas prices faced by electric utilities will remain below $7.00/mBtu, through 2035. [Source: EIA] What does near- to mid-term domestic natural… [more]

View Discussion
Discussion

Best Practices for Shale Development, Fracking

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 7, 2012 at 7:52 AM

Three recent efforts – two private, and one public – could shape the future of U.S. shale gas and oil development. The Marcellus Shale Coalition (MSC), an industry group, released Recommended Practices: Site Planning, Development and Restoration, offering general guidance for natural gas professionals developing or restoring shale plays in the Marcellus. Days later, the Appalachian Shale Responsible Producers Group (ASRPG), led by Andarko Energy, released their Recommended Standards and Practices, which again provides general guidance to well operators and shale play developers. Ohio Governor John Kasich has pushed legislation to the state’s legislature that the his office hopes will… [more]

View Discussion
Discussion

AEP CEO Urges Comprehensive U.S. Energy Policy

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 1, 2012 at 7:40 AM

In an April 26th speech to business leaders at the U.S. Chamber of Commerce, Nick Akins, President and CEO of American Electric Power, urged the U.S. to develop a comprehensive energy policy. Akins explained that a recent “perfect storm of circumstances” – including EPA regulations, diminished reliance on nuclear power, and low natural gas prices – are making natural gas the de facto favored fuel for power generation. This is a concern for Akins, who points out that natural gas prices have been volatile historically, and that relying on a single fuel source for power generation is risky. [Columbia Dispatch]… [more]

View Discussion
Discussion

Enthusiasm and Concern over Natural Gas Exports

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 26, 2012 at 7:27 AM

As American natural gas production continues to increase, the U.S. Department of Energy (DOE) is considering a greater number of applications from companies interested in exporting liquefied natural gas (LNG). At the same time, the Federal Energy Regulatory Commission (FERC) is seeing more applications from companies seeking to build new LNG export terminals and liquefaction facilities. Currently, the U.S. only exports LNG internationally by exporting natural gas imported from other countries, a practice that increased in 2011. So far, nearly all applications to export U.S. LNG to Free Trade Agreement (FTA) countries – eighteen countries including Australia, Canada, Chile, Israel,… [more]

View Discussion
Discussion

The Future of Natural Gas: An InterdiscipIinary MIT Study

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 23, 2012 at 2:46 PM

Full Title: The Future of Natural Gas: An InterdiscipIinary MIT Study Author(s): MIT Energy Initiative Publisher(s): The Massachusetts Institute of Technology Publication Date: 6/2o10 Language: English Length: 104 pages, PDF Full Text: –>DOWNLOAD DOCUMENT<– Description (excerpt): Natural gas has moved to the center of the current debate on energy, security and climate. This study examines the role of natural gas in a carbon-constrained world, with a time horizon out to mid-century.

View Discussion
Discussion

Cheap Natural Gas & U.S. Power Supply

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 18, 2012 at 7:16 AM

Last week the EIA reported that natural gas-fired power generation will increase by as much as 17% in 2012, while coal is expected to decrease 10%. This shift away from coal and toward natural gas is largely tied to gas’ low price, as well as projections of the impacts of increasingly strict federal regulation on power plants. In March, natural gas spot prices averaged $2.18MMBtu, their lowest level since 1999. Then on April 11th, the NYMEX May gas futures contract settled at a 10-year low of $1.984/MMBtu [EIA]. Despite low gas prices, some utilities express hesitancy about over-committing to gas-generated… [more]

View Discussion