Tag Archives: natural gas

Why US natural gas prices are so low – Are changes needed?

US natural gas prices are at record lows–about where they were in 1976, and at the low points in the 1990s, in today’s dollars (Figure 1). There are several reasons why US natural gas prices are so low: Our pricing … Continue reading

Posted in Alternatives to Oil, Financial Implications | Tagged , , , , | 67 Comments

Why High Oil Prices Are Now Affecting Europe More Than the US

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. The issues then become: Which buyers get the oil? What uses get priced out of the market? … Continue reading

Posted in Financial Implications | Tagged , , , , , , , , , , , , , , , | 75 Comments

Businessweek Gets it Wrong—Everything You Know About Peak Oil is ‘Not’ Wrong

On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, “Everything You Know About Peak Oil Is Wrong”. This editorial reflects several common misunderstandings. According to Kenny: Titled Limits to Growth, their report suggested the world was heading … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , , , , , , , , , | 139 Comments

Natural Gas: The Squeeze at the Bottom of the Resource Triangle

Theoretically, we have a very large amount of resources of many kinds available–oil, natural gas, coal, uranium, gold, fresh water. There is a relatively small amount of high quality, inexpensive-to-extract resources, and we tend to extract those first. From there, … Continue reading

Posted in Alternatives to Oil | Tagged , | 20 Comments

What President Obama Should Have Said Regarding Energy Policy

We meet here at a tumultuous time for the world.  In a matter of months, we’ve seen regimes toppled and democracy take root across North Africa and the Middle East. One particular area of concern is our energy supply, both … Continue reading

Posted in Energy policy, News Related Post, Planning for the Future | Tagged , , , , , , | 43 Comments