The plunge in natural
gas prices caused a collapse in the price of natural gas - fueled electricity, which has slumped below the production costs of nuclear plants.
The low natural
gas prices caused coal's share of the power grid to fall from 42 % in 2011 to 37 % in 2012.
The recession of 1973 - 1975 in the U.S. came about because of rocketing
gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..
Poll:
Gas prices causing people to cut visits to family, friends — More than half of Americans say they've cut down on visiting family and friends due to gas prices, a CreditCards.com poll reveals.
High Gas Prices Mean Fewer Traffic Fatalities High Gas Prices = Fewer Auto Deaths Americans Direct Scorn Over High Gas Prices Towards Washington Carrot 0, Stick 1:
Gas Prices Cause Boom in Bikes, Transit High Gas Prices Changing Society More Motorists Running Out of Gas Public Transit Looking More Attractive in the Face of Record Gas Prices Auto Makers Demand Higher Gas Prices
Not exact matches
So we asked in our research: What would happen if current low natural
gas prices or pollution control policies
caused all US coal - burning power plants to be replaced by natural
gas generators?
It's one of the country's largest oil and
gas producers, but, says Cheng,
price differentials between Canadian and world oil
prices, low natural
gas prices, cost inflation and project delays
caused investors to get antsy.
And in 2007, with crude
prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange
caused the Chinese oil and
gas company's market value to briefly top $ 1 trillion.
Low oil
prices are leaving many oil and
gas companies with difficult debt loads,
causing them to default at an extraordinary rate.
U.S. gasoline demand is at a record and even with a drop - in consumer confidence, in part
caused by an uptick in
gas prices, the outlook for demand is still increasing for this summer.
Gasoline
prices, however, also reflect demand and follow national trends, such as the impact Hurricane Harvey had,
causing gas prices to go up.
Crude oil
prices have dropped more than 50 per cent since June to around US$ 50 per barrel,
causing some analysts to predict doom and gloom for Canada's oil and
gas industry and economy as a whole.
While the code had sustained the spike in transactions
caused by the popular CryptoKitties app and the recent popularity of initial coin offerings, recently «something odd has been happening with the estimated
gas price,» Johnson told CoinDesk.
A boom in natural
gas drilling in the U.S. has
caused prices of that commodity to fall precipitously in recent years.
Actually, it's not supply and demand that
cause the
gas prices to spike.
«Indications that
gas prices are likely to rise significantly over the next few years are
causing consternation among our members,» he said.
Meanwhile, Bayelsa Elders Council, which met in Yenagoa to review the recent spate of bombings and vandalisation of oil and
gas pipelines, called on the perpetrators to desist forthwith in view of inevitable damage it may
cause the economy of the states of the region and the nation, especially at a time the country was grappling with falling crude oil
price.
Phil glad you raised the energy issue... hope you will recognize that while Faux News blamed Obama for
causing high
gas prices three years ago they are silent right now in terms of giving him credit for solutions.
The situation has also
caused some residents to turn to alternatives such as firewood due to high
price of cooking
gas.
And that, according a just - issued report by the state comptroller, is because of the drop in gasoline
prices,
causing significantly less sales tax money to be collected at
gas stations in Suffolk, as well as other areas of New York State.
The
price of
gas that trades on U.S. commodity exchanges has been famously volatile, and multiple spikes in the past decade have
caused electricity
prices to skyrocket.
Walker said he would emphasize that pipeline with Obama, as well as the state's need to extract natural
gas resources and address financial challenges
caused by low oil
prices.
That summer, the California energy crisis erupted,
causing natural
gas prices to triple — along with electricity made with
gas.
Heck anything from weather to
gas prices can
cause bad weeks.
It's a noble
cause, though one they're probably also driven to pursue by the rising demand for fuel - efficient vehicles spurred by rising
gas prices.
Competition from the Koreans and the increasing demand for small cars spurred by high
gas prices have
caused Honda, Toyota and Nissan to reconsider size.
What
causes this large swing in
gas prices?
Gas prices have
caused plenty of drives grief and that likely won't be changing anytime soon.
• Tussles with front - runners
causing abnormal
price fluctuations in natural
gas futures markets and U.S. Natural Gas ETF (NYSEARCA: U
gas futures markets and U.S. Natural
Gas ETF (NYSEARCA: U
Gas ETF (NYSEARCA: UNG)
Starting in January,
gas prices zoomed up by about 25 percent,
causing consumers in some states to pay in excess of $ 4.50 for a gallon of gasoline.
The
gas price bump
caused by the hurricanes is easing, spokeswomen for AAA and GasBuddy.com say.
Gas prices have hit near $ 20 per gallon
prices,
causing widespread fear and chaos.
And it would be nice that even if the
price of
gas were lowered that it wouldn't
cause a rush to big cars like it usually does.
The decline of that industry and related employment has been
caused by technological changes in mining, and competition from low -
priced natural
gas for electricity generation, not by environmental regulations.
John Holdren is quoted in the same issue of NATURE (on page 819) as saying a $ 100 tax on carbon will
cause the
price of
gas to rise by 30c.
In other news, reports on summer
gas tell us to expect
price to remain in the low $ 2 range, but the smaller vehicles that would have been able to take the best advantage of this, have been slammed by the IIHS as being twice as likely to
cause death in an auto accident.
Ethanol makers experienced improved financial performance because of changes out of their control - as in the case of natural
gas prices falling drastically in response to increased fracking for natural
gas production - but lost money because of increased corn
prices caused by escalating Chinese grain demand.
If it takes excessively high
gas prices to reduce wasteful activities, and all the bad things they
cause, so be it.
The nation is once again assessing how best to stimulate the deployment of advanced energy technologies in response to recent high energy
prices —
caused by the growing world demand for energy, wars in the Middle East, and last year's hurricanes — and concerns about the adverse environmental effects, particularly greenhouse
gas emissions, of using conventional fossil energy.
Wholesale electric power
prices in the US are starting 2017 by ticking upward, lifted by firmer natural
gas prices, which overall has
caused coal generation to take some of
gas generation's share in the overall fuel mix.
You can replace with combined cycle
gas, but that does not cut emissions as much as nuclear and the risk of
gas price increases
cause a high risk of increases in cost of electricity in the future.
Cheap shale
gas flooded the market
causing natural
gas prices to dive 80 percent since 2008,
pricing out coal in electricity supply
For starters, fracking has
caused gas prices to drop dramatically.
Dominion proposed its Virginia wind farms back before fracking
caused natural
gas prices to nosedive, undercutting the economic case for wind.
Because utilities respond to
price incentives, this
caused fuel - switching of baseload electricity production from coal to natural
gas, leading to a time in April 2012 when natural
gas equaled coal as an energy source for the first time.
It's already
causing hunger and even starvation in poorer countries (the ethanol program driving up grain
prices) and deaths from freezing in Europe when people can't afford $ 100 / MMBtu ($ 10 / therm) natural
gas and can't burn coal during some of the coldest winters on record.
The 1980s was a period in which the oil and
gas industry was battered by extremely low oil
prices,
causing mass layoffs and an economic tailspin.
(11/15/07) «Ban the Bulb: Worldwide Shift from Incandescents to Compact Fluorescents Could Close 270 Coal - Fired Power Plants» (5/9/07) «Massive Diversion of U.S. Grain to Fuel Cars is Raising World Food
Prices» (3/21/07) «Distillery Demand for Grain to Fuel Cars Vastly Understated: World May Be Facing Highest Grain
Prices in History» (1/4/07) «Santa Claus is Chinese OR Why China is Rising and the United States is Declining» (12/14/06) «Exploding U.S. Grain Demand for Automotive Fuel Threatens World Food Security and Political Stability» (11/3/06) «The Earth is Shrinking: Advancing Deserts and Rising Seas Squeezing Civilization» (11/15/06) «U.S. Population Reaches 300 Million, Heading for 400 Million: No
Cause for Celebration» (10/4/06) «Supermarkets and Service Stations Now Competing for Grain» (7/13/06) «Let's Raise
Gas Taxes and Lower Income Taxes» (5/12/06) «Wind Energy Demand Booming: Cost Dropping Below Conventional Sources Marks Key Milestone in U.S. Shift to Renewable Energy» (3/22/06) «Learning From China: Why the Western Economic Model Will not Work for the World» (3/9/05) «China Replacing the United States and World's Leading Consumer» (2/16/05)» Foreign Policy Damaging U.S. Economy» (10/27/04) «A Short Path to Oil Independence» (10/13/04) «World Food Security Deteriorating: Food Crunch In 2005 Now Likely» (05/05/04) «World Food
Prices Rising: Decades of Environmental Neglect Shrinking Harvests in Key Countries» (04/28/04) «Saudis Have U.S. Over a Barrel: Shifting Terms of Trade Between Grain and Oil» (4/14/04) «Europe Leading World Into Age of Wind Energy» (4/8/04) «China's Shrinking Grain Harvest: How Its Growing Grain Imports Will Affect World Food
Prices» (3/10/04) «U.S. Leading World Away From Cigarettes» (2/18/04) «Troubling New Flows of Environmental Refugees» (1/28/04) «Wakeup Call on the Food Front» (12/16/03) «Coal: U.S. Promotes While Canada and Europe Move Beyond» (12/3/03) «World Facing Fourth Consecutive Grain Harvest Shortfall» (9/17/03) «Record Temperatures Shrinking World Grain Harvest» (8/27/03) «China Losing War with Advancing Deserts» (8/4/03) «Wind Power Set to Become World's Leading Energy Source» (6/25/03) «World Creating Food Bubble Economy Based on Unsustainable Use of Water» (3/13/03) «Global Temperature Near Record for 2002: Takes Toll in Deadly Heat Waves, Withered Harvests, & Melting Ice» (12/11/02) «Rising Temperatures & Falling Water Tables Raising Food
Prices» (8/21/02) «Water Deficits Growing in Many Countries» (8/6/02) «World Turning to Bicycle for Mobility and Exercise» (7/17/02) «New York: Garbage Capital of the World» (4/17/02) «Earth's Ice Melting Faster Than Projected» (3/12/02) «World's Rangelands Deteriorating Under Mounting Pressure» (2/5/02) «World Wind Generating Capacity Jumps 31 Percent in 2001» (1/8/02) «This Year May be Second Warmest on Record» (12/18/01) «World Grain Harvest Falling Short by 54 Million Tons: Water Shortages Contributing to Shortfall» (11/21/01) «Rising Sea Level Forcing Evacuation of Island Country» (11/15/01) «Worsening Water Shortages Threaten China's Food Security» (10/4/01) «Wind Power: The Missing Link in the Bush Energy Plan» (5/31/01) «Dust Bowl Threatening China's Future» (5/23/01) «Paving the Planet: Cars and Crops Competing for Land» (2/14/01) «Obesity Epidemic Threatens Health in Exercise - Deprived Societies» (12/19/00) «HIV Epidemic Restructuring Africa's Population» (10/31/00) «Fish Farming May Overtake Cattle Ranching As a Food Source» (10/3/00) «OPEC Has World Over a Barrel Again» (9/8/00) «Climate Change Has World Skating on Thin Ice» (8/29/00) «The Rise and Fall of the Global Climate Coalition» (7/25/00) «HIV Epidemic Undermining sub-Saharan Africa» (7/18/00) «Population Growth and Hydrological Poverty» (6/21/00) «U.S. Farmers Double Cropping Corn And Wind Energy» (6/7/00) «World Kicking the Cigarette Habit» (5/10/00) «Falling Water Tables in China» (5/2/00) Top of page
The shortage of natural
gas was clear earlier this year when a cold snap
caused prices for natural
gas to spike and the purchase of Russian LNG to supply the Everest LNG import terminal a few miles north of Boston.
The staff paper, titled Natural
Gas Price Volatility, discusses recent occurrences and probable causes of natural gas price volatility and its impact on market participants and date - specific price forecasting effor
Gas Price Volatility, discusses recent occurrences and probable causes of natural gas price volatility and its impact on market participants and date - specific price forecasting eff
Price Volatility, discusses recent occurrences and probable
causes of natural
gas price volatility and its impact on market participants and date - specific price forecasting effor
gas price volatility and its impact on market participants and date - specific price forecasting eff
price volatility and its impact on market participants and date - specific
price forecasting eff
price forecasting efforts.