Sentences with phrase «gas glut»

Plus, the natural gas glut means many new wells will be uneconomical; over 4 gigawatts of US coal power plants are set to close or are being hung - up in court; and, nations should all pledge to double renewable energy at the Rio +20 conference in June.

Falling wind prices and a natural gas glut have pushed overall energy prices down since then.

This is especially important as the world experiences an ongoing gas glut, which is a lower CO2 - emitting fuel than coal but can also compete with and push out renewable energy.

Gas producers hope this will help them offload an unprecedented gas glut, which has slashed prices to economically unsustainable levels.

And they also got it the hard way — because it can't be easy convincing your comp committee to reward you when your company is mired in a natural gas glut.

This created a «gas glut,» making it essential for Russia to find new export markets.

Is there then a natural gas glut too?

Neal Conan asks about the trade - offs in the oil and gas glut, about how it changes politics around the world, and whether it will delay any transition to clean sources of energy.

Not exact matches

And we are already seeing the logical extension of that mania, a glut in supply (both in nat gas and unflattering legging - jeans).

Starting in 2009, the surge in natural gas production from fracking created what people have called a «glut» in the US.

It is considered essential for Canadian gas producers, who have access to some of the richest gas fields in the world in Northern Alberta and British Columbia, but face depressed prices due to a glut of gas in North America.

«Gas prices are currently at the lowest levels in more than a decade, thanks to a glut of supplies around the world,» said Julie Hall, AAA spokeswoman.

By the time the plant was complete in 2009, the fracking boom in the U.S. had suddenly created a giant glut of gas that sank the export scheme.

Combine that with the glut of cheap natural gas from fracking, and coal production has plummeted:

Thanks to fracking, the U.S. has suddenly become the world's largest producer of natural gas, creating a massive glut that has more than halved the price of natural gas.

The glut of U.S. natural gas has created a tremendous amount of downward price pressure and led U.S. power plants to convert from coal to natural gas.

Whereas between 2005 and 2008, sulfur content hovered around 0.98 %, by 2009 sulfur content began to climb, rising to 1.32 % by 2014.16 This is odd, considering the glut of natural gas.

Nuclear facilities are struggling to compete as the market is glutted with cheap natural gas.

The glut of cheap gas and tightening regulations on air pollutants have prompted the planned closure of 175 coal - fired power plants by 2016, representing 8.5 percent of all coal - fueled electricity capacity in the country.

Such a glut of cellulosic biofuel, if realized, would reduce greenhouse gas emissions — compared with oil that otherwise would have been burned — by 44 teragrams (44 billion kilograms) per year.

Summer Knight Glut, a 1987 excerpt from this series, marks the effect of a surplus of a natural resource by recombining detritus from its manifestation as consumer product: It is made of gas stations.

Photo credit: Getty Images More bikes take to the streets Skyrocketing gas prices have resulted in a sudden glut of bicycle commuters on the road, reports the Christian Science Monitor, not just in metropolitan areas, but also in places like Louisville,

And when a glut exists, solar production is often reduced first if it can not be exported because starting and stopping natural gas plants is costlier than shutting down solar plants.

California has an ever - increasing glut of power because of the state legislature's push for renewable energy and state regulators» push for natural gas.

A glut of natural gas pushed prices down to unsustainable levels and kept them there so long that utilities chose to close coal plants or convert them to gas rather than wait.

But there is a limit to the amount of gas that will be needed in a world committed to a 2 ⁰ C limit, especially as there is currently a glut of LNG, and the cheapest sources are likely to be used first.

First, more than thirty years of government funding for unconventional gas research, demonstration, and tax credits have contributed to a glut of cheap natural gas, making everything from solar to wind to nuclear uncompetitive, at least in the near - term, while also driving America's shift from coal to gas.

But a combination of new federal and state environmental policies and a glut of cheap natural gas (mostly from hydraulic fracturing, or fracking) have led to a dramatic shift during the past decade, with coal dropping from 50 percent to 32 percent of our electricity generation and gas increasing from 18 percent to 33 percent.

Shell's decision to build FLNG also is leading to fears of an LNG supply glut in Asia should too many players crowd into the regional natural gas supply market at once.

This would be preferable to «supply - push» economics that can lead to gluts of supply and financial losses by gas industry investors.

In particular, there is a glut of natural gas.

Since we now have a glut of natural gas and likely will for 50 years to come, I think their computer prediction was broken... whatever you call it.)

As the New York Times reported last year, the sudden glut and the rapid switch from coal to gas by many utilities «calls into question talk of a nuclear revival in the United States.»

Because the world faces a fossil fuel glut in the future — the torrents of new shale oil and gas that increasingly flood world markets could themselves be swamped by next - generation methane hydrate fuels — Canada's energy resources could depreciate if left to stagnate in the ground.

Thanks to fracking, the U.S. has become the world's largest oil producer, creating much of the glut now crashing oil prices, just as fracking earlier made the U.S. the world's largest gas producer, crashing gas prices.

The glut of natural gas that fracking has provided means massive amounts are being stored in facilities like Aliso Canyon.

But the reason that EIA is projecting a long - term decline over the next decade or more is the glut of cheap natural gas, mostly from unconventional sources like shale, that has profoundly changed America's energy outlook over the next several decades.

Specifically, it was tapping into the United States» vast shale gas resources that led to the supply glut, which in turn pushed natural gas prices low enough to compete against coal.

But if you read the article Brian points us to in Incoming: A Glut of «Natural Gas is Green» Nonsense, you find this howler:

Wind energy plans have been shrinking in the state, as the industry faces a glut of cheap natural gas from hydrofracking, uncertainty over federal support and dwindling financing.

And * extant * storage costs, * extant * political opposition to fission, * extant * low market prices of oil and gas due to the shale glut, * extant * etc..