With electricity and
natural gas prices continuing to rise, the costs of having a constant supply of hot water can really add up.
The Liwan story is particularly compelling, as Husky has locked in forward contracts to sell gas at prices ranging from US$ 11 to US$ 13, while North American
natural gas prices continue to slump in the $ 3 — $ 4 range.
Not exact matches
Its coal volumes have been falling for several years, and the combination of tougher environmental regulations and, in all probability,
continued low
natural -
gas prices make it likely that the decline will persist.
Newton, who doesn't own the stock but has his eye on it, says investors have to believe that the U.S. will
continue its push for energy independence and that
natural gas prices will remain low enough to keep it a more cost - effective way to fuel up.
The company expects coal demand to rise in the coming year, but relatively low
natural gas prices will
continue to add downward
pricing pressure.
«The commodity
price of oil and
natural gas is and will
continue to be a major factor.»
The dollar's weakness, however, failed to help global oil
prices, which
continued to fall in Monday trading following last Friday's data from Baker Hughes (BHI) showed U.S. oil and
natural gas producers added 21 rigs over the past week,
CCS really amounts to a combined GHG and
natural gas hedge which, in a world of really expensive
gas, allows you to maintain lower electricity
prices than you perhaps otherwise would be able to as you can
continue to use relatively cheap and plentiful coal while capturing and storing the emissions.
However, coal demand can
continue to decline if
natural gas prices stay low for a very long time allowing further replacement of coal - fired power plants with
gas - fired ones.
Energy goods and services
prices rose 0.2 % after their drop in April of 4.5 %; Gasoline
prices continued lower modestly, but other energy costs rose markedly, especially
natural gas for household utilities, which was up 2.4 % (16.6 % y / y).
While projections for higher
natural gas prices are expected to reduce
gas» share in the generation mix, the subsequent increase in cash flow to
gas producers is seen boosting
gas Continue Reading
Prices for liquefied
natural gas (LNG) have
Continue Reading
And as we have moved through 2009 the downward trend in
gas prices has
continued accelerating in recent weeks to leave
prices hovering around the $ 2.60 mark at today's close — that's a massive 80 % fall in the
price of
natural gas since July 2008 and it's lowest
price in since March 2002!
This is the first time I've covered
Natural Gas but have found the recent
price action very interesting so thought I'd share a few thoughts on it and take a look at whether a rebound is due anytime soon or if the steady 14 month decline it has been in is likely to
continue.
With
natural gas supplies predicted to run down over the next 25 to 50 years1, N fertiliser
prices will
continue to rise, reflecting rises in
gas prices.
The company claims its technology can produce steam at a cost of $ 3 per million BTUs, based on U.S. National Renewable Laboratory calculations;
natural gas currently costs some $ 4 per million BTUs, though that
price may
continue to fall as
natural gas freed up by fracking floods the market.
When oil
prices fall, it can rely on strong amounts of
natural gas, its transporting division, and its chemical division to provide the profits to
continue the dividend growth.
Although potash
prices have bottomed, nitrogen margins are improving due to lower
natural gas input costs, and the retail division
continues to grow at a healthy rate.
But if
natural gas continues growing at the pace it has, the
price will keep falling and coal power will lose even more market share and clout in Washington.
In addition to its positive impact in utility
prices, new and improved energy infrastructure will help our nation
continue leading the world in the production of oil and
natural gas and in the reduction of carbon emissions, which are near 20 - year lows.
First, U.S. production of oil and
natural gas grew last year despite
continued low
prices for crude last year.
This increased supply — which is expected to
continue for years — has lowered
prices for
natural gas, making it very cost - competitive compared to other energy sources.
At a time at which U.S. dependence on coal is decreasing (due to increased supplies of unconventional
natural gas and hence lower
gas prices), China
continues to rely on coal, but is very concerned about this, partly because of localized health impacts of particulates and other pollutants.
There is evidence that the Midwest is steadily decarbonizing its electricity generation through a combination of new state - level policies (for example, energy efficiency and renewable energy standards) and will
continue to do so in response to low
natural gas prices, falling
prices for renewable electricity (for example, wind and solar), greater market demand for lower - carbon energy from consumers, and new EPA regulations governing new power plants.
The fall in oil - indexed
natural gas prices,
continued growth in renewables, the impact of EU air quality directives, and the introduction of a carbon
price floor in the UK have all contributed to coal generation retreating in Europe.
Until carbon
pricing is in place, or
natural gas prices rise significantly, owners of economically vulnerable nuclear plants will
continue asking policymakers for financial assistance.
Second, as the
prices of oil and
natural gas continue their downward plunge in search of a bottom, renewables on which climate change advocates are relying to replace fossil fuels become increasingly uncompetitive and in need of subsidies.
With the fast - industrializing economies of China and India expected to compete with the United States for
natural gas,
prices will likely
continue their sharp upward trend.
Despite seasonal changes in the
price of
natural gas, summer peaks in electric use will
continue to be served by
natural gas «peaker» units, as well as new flexible
natural gas combined cycle units.
Oil
prices will
continue to drop, fossil fuels will
continue to supply more than three - quarters of world energy use in 2040, and
natural gas is expected to grow the fastest impacting on economies, companies, communities, and individuals.
Without fracking and horizontal drilling, it is likely that gasoline and
natural gas prices would
continue to increase as they did until the last few years as large reservoir sources of these important fossil fuels gradually become exhausted and harder to discover.
The recent low
prices for
natural gas and oil appear likely to
continue for at least decades and possibly even longer due to the new technology for extracting
natural gas and oil from shale rock.
These market trends could
continue, and consumers in Florida and elsewhere that rely heavily on
natural gas will end up paying the
price.»
Exelon is still pressing its case, and power sector analysts have noted its fleet
continues to be at risk of unprofitability in PJM markets, squeezed by low
natural gas prices and high operating costs.
But the sharp drop in coal
prices, under competition from cheap
natural gas, and a string of bankruptcies among leading US coal companies has inadvertently revealed the coal industry's
continued support for climate denial - even as oil companies moved away from open rejection of the science.
Additionally, as the United States
continues moving toward a carbon - constrained existence, future greenhouse
gas policies will further complicate these efforts, likely rendering future
natural gas price forecasts even less accurate and more uncertain.
Older coal plants will
continue to be hamstrung by the cost of complying with non-climate pollution rules (such as the ozone air quality standards), plus the perhaps even lower
price of
natural gas.
«While some of the billions of cubic feet of
natural gas planned for export from the United States will certainly be used in generating electricity in CFE's Mexico facilities, much of that
natural gas appears to be subject to temporary storage, and redirection into Pemex liquefaction LNG facilities for export to higher -
priced markets in Asia / Oceania,» the document
continues.
Investors are obliged to weigh any number of unknowns: will Venezuela increase production and keep heavy oil differentials high; will the
price of
natural gas rapidly rise; will climate change suddenly force governments to introduce carbon taxes; can the companies control their labour and construction costs; will global demand
continue to rise?
And while rising
natural gas prices allowed coal generation to slightly increase its share of the power mix in the past two years, according to the report, the overall trend points toward coal's
continued decline in the U.S.
In the downgrade report, analyst Jennifer Chang noted that her negative outlook on Chief Power «may
continue in light of sustained low energy
prices owing to low
natural gas prices, new
natural gas fired generation and tepid load demand.»
Notwithstanding
price jumps in oil and
natural gas, particularly after Katrina and Rita disrupted supplies by damaging processing and transportation facilities on the Gulf Coast, inflation
continues to be modest.