It’s cold out there. By “out there,” we mean pretty much anywhere in the U.S. north of Brownsville, Texas
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Gazprom, be afraid. Be very afraid… Associated Press Blue flame, but black gold pricing for now. The International Energy Agency says in its annual outlook , published Tuesday, that a glut of natural gas is looming. The International Energy Agency’s new World Energy Outlook details the challenge facing the world: Despite two years of recession, energy use is going to recover and grow dramatically over the next two decades. That’s especially true for electricity and for developing countries. You might think, since people across the political spectrum keep singing the praises of natural gas, that the natural-gas industry would be feeling pretty good about its prospects these days. Chesapeake’s McClendon: Time to generate some demand (AP) You’d be wrong. Big natural-gas producers, through America’s Natural Gas Alliance , are turning up the heat on policymakers to get a little more love for the little blue flame Former major league pitcher Joaquin Andujar used to say, “There is one word in English that says it all, and that word is ‘you never know’.” That should become the motto of anybody trying to estimate the costs of climate legislation a half-century hence. Ever since Congress took up climate legislation in earnest last year, government agencies, think tanks, and consultants have been trying to figure out how much it will cost the U.S. A brief history of solar power. Flickr Time to put away the childish things Crude oil futures hovered around $72 a barrel after yesterday’s mixed inventory data, Bloomberg reports . Natural gas, on the other hand, just keeps climing, with another double-digit gain on expectations of a demand recovery, in the WSJ . Another oil play for China: A $16 billion deal to help develop Venezuelan heavy crude, which would diversify China’s supply and Venezuela’s exports, in Bloomberg Flickr Keeping cool in the summer heat. We’re recharging the batteries. Not, we’re not talking about the Chevy Volt again. For the past few months, we’ve been watching as energy companies report increasing natural gas production in the U.S. without any visible signs that demand is picking up. Flickr Sometimes you just can’t stuff anything more in. |
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