exports

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to the European Union (EU) but also reduce overall natural gas demand in the U.S. and EU through “accelerated market deployment” of clean energy measures. The measures are part of strategic energy cooperation […]

The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand for the fuel grows during a period of diminished supply. The Newcastle (Australia) futures price of thermal coal for power generation hit $435/ton on March […]

When environmental advocates implore less-wealthy countries to cease oil or gas investment and production because it is the cause of climate change, they are often branded as naive and ridiculous. Do we really

The crash in global oil prices, though a challenge for cash-strapped drillers and U.S. exploration and production (E&P) companies, may provide an opportunity to move natural gas prices higher. Analysts in recent days have said higher gas prices could come as soon as next winter—some predict prices could more than double from recent lows of […]

Average natural gas prices at Henry Hub in 2020 could fall to below $2/MMBtu —a level “not seen in decades”—owing to a persistent oversupply, a new report from information and analytics firm IHS Markit suggests.  Prices could fall despite strong demand for natural gas, both domestically, including for power generation, as well as for exports. […]

The Trump administration, which is considering subsidizing baseload coal and nuclear power for resiliency and “national security,” is pursuing an “all-of-the-above” energy strategy that emphasizes natural gas exports, said Energy Secretary Rick Perry at the World Gas Conference this week in Washington D.C. In a keynote speech on June 26, Perry described the shale gas […]

Four years after the massive earthquake and ensuing tsunami heavily damaged the Fukushima Daiichi nuclear plant in Japan, cleanup efforts continue amid new challenges, while Japan has made little progress on the policy front. The Ongoing Crisis at Daiichi By the fourth anniversary of the devastating events at Fukushima, the situation onsite has improved markedly, […]

The U.S. House of Representatives on Wednesday voted 266–150 to pass a bill that cuts federal red tape and accelerates liquefied natural gas (LNG) exports to Europe and other allies. The Domestic Prosperity and Global Freedom Act (H.R. 6) authored by Rep. Cory Gardner (R-Colo.) now moves to the Senate. Experts suggest it has a […]