Tag Archives: LNG

Volatility Will Eventually Descend on US Natural Gas Prices

A natural gas adoption cycle is underway in the United States, as the country increasingly sources and consumes its own very cheap production. That natural gas (NG) prices have remained weak in the face of so much supply is no surprise. Rather, it’s the expansionary integration?of natural gas into the US economy, and in particular […]

USA – Emerging LNG Giant: October Issue of TerraJoule.us

Each issue of TerraJoule.us contains:?a?Main Essay, the?Model Portfolio, the?Data Brief, and a link to a?Downloadable Podcast. Gregor Macdonald, Editor. Readers may purchase each issue individually, through Ganxy.com:?Purchase. Or, readers may also take a 12 month subscription through Gumroad.com:?TerraJoule.us Monthly eBook ?Annual Subscription. Podcast:?This month’s podcast is?for subscribers and purchasers only. From this month’s issue: TerraJoule.us?remains […]

Oil’s Ultimate Fate: May Issue of TerraJoule.us

Each issue of TerraJoule.us contains: a Main Essay, a Model Portfolio, a Data Brief, and a link to a Downloadable Podcast. Gregor Macdonald, Editor. For a more detailed description of each issue’s contents, please see the Subscribe section. This month’s publication, Oil’s Ultimate Fate, covers the structural shift as oil consumption continues to migrate from […]

For A Million BTU: Monday 4 June 2012

Today’s prices for a million BTU, by source: Brent Crude Oil; West Texas Intermediate Crude Oil; United Kingdom LNG; North American Natural Gas; Central Appalachian Coal; Powder River Basin Coal. –Gregor

North America Takes Further Steps to Export its Natural Gas

North America has a number of LNG export projects underway, mostly in Kitimat, British Columbia. But yesterday the US Federal Energy Regulatory Commission (FERC) approved the first application for such a facility in the lower 48. Until these projects are operational, North American natural gas will continue to be trapped by geography. And, given that […]

North American Natural Gas Breaks Below Two Dollars, for a Million BTU

Natural gas in North America broke below the $2.00 barrier today, for the first time in ten years. It’s important to remember that, unlike oil, natural gas does not trade at a converged, global price. Accordingly, a million BTU in LNG form currently trades for over $9.00 in the UK, and over $15.00 in Japan. […]

For A Million BTU

The price differential for a million btu is blowing out once again, between Global oil and North American natural gas. The extraordinary discount has persisted for some years. But today, with West Texas Intermediate (WTIC) oil above $100 and Brent oil above $110, the spread has reached new highs. The energy content of natural gas […]

Nuclear Optimism and the Reality of How Humans Price Risk

The cataclysm visited upon Japan this March has produced an understandable debate over the future of nuclear power. As so often is the case, however, these post-crisis conversations presume the freedom to decide new policy choices when such choices, by society, have already been made. Decades after the advent of nuclear power, this modern energy […]

Vexed By Natural Gas

United States natural gas production in 2010, with just one month of data still due for delivery, is set to nearly match the all time highs last seen in the early 1970’s. By averaging 1,871,272.5 million cubic feet per month through November of last year, total US NG production is slated to reach 22,455,270 million […]

Powering the Dubai Overshoot

You’ve seen the before-and-after pictures, like a Vegas slug of glass rising in the desert. And, you’ve read the stories about indebted foreign workers leaving their Range Rovers behind, as they flee. Perhaps you’ve seen video of the indoor ski arcade? Or, caught the gaze of the photographer’s eye on the poor, underpaid migrant workers […]