Sentences with phrase «natural gas prices down»

Since then, with natural gas prices down, the industry has lost 3,000 jobs.

Not exact matches

The unexpected boom in U.S. natural gas production over the last decade has pushed down power prices, making it harder for companies that operate plants to turn a profit.
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administration.
The coal miner has been hurt as the world has turned to more environmentally - friendly energy sources such as natural gas — a trend that has accelerated in the last few years as gas prices have come down substantially due to surging supply from the U.S. fracking boom.
And at the same time, he said he's going to increase hydraulic fracturing, which is the main reason that prices have gone down for natural gas and that's what put coal miners out of work,» Sandalow said.
Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.
Gasoline and natural gas prices, which have been lower this summer than last, dragged down the overall Consumer Price -LSB-...]
Now, it is suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, a process that has unlocked natural gas from massive shale formations, driving prices down.
The company's production mix was 65 % natural gas (which had an average price of more than $ 6 per 1,000 cubic feet, down from $ 7 the prior year) and 35 % oil and natural gas liquids.
However, its stock price, even with its recent rebound, is down about 50 % since last summer, reflecting the fact that both the spot and futures markets for natural gas still show sharp declines on a year - over-year basis.
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.
In recent years, historically low natural gas prices have driven down wholesale electricity costs as plant owners switched to that fuel, making nuclear power less competitive financially.
The original thesis had played out, but the effects of the drop in natural gas prices had to a large extent offset the rebound from the hit shares took when gas properties were revalued down in June 2011.
When the weather heats up later this year, the price for oil and natural gas securities should come down.
Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the price of solar could come to down to the price of natural gas and even coal, not just in the U.S. but even in developing countries like China, where coal is especially cheap.
Among other things, Obama needs to spell out more clearly how he plans to clamp down on leakage from natural gas production, sustain investments in basic energy research despite lower energy prices and also overcome barriers to the deployment of non-polluting energy technologies.
The value of doing this is clear: «Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the price of solar could come to down to the price of natural gas and even coal, not just in the U.S. but even in developing countries like China, where coal is especially cheap.»
New U.S. crude oil and natural gas supplies have driven down the average price per barrel and led oil giants like Saudi Arabia to reduce their own production in order to stabilize prices.
... Because fossil - fuel power plants can not easily ramp down generation in response to excess supply on the grid, on sunny, windy days there is sometimes so much power in the system that the price goes negative — in other words, operators of large plants, most of which run on coal or natural gas, must pay commercial customers to consume electricity....
However, the short - term flexibility to take immediate advantage of low natural gas prices is limited in this sector, because many manufacturers that relied heavily on natural gas as fuel or feedstock closed down or moved abroad in the late 1990s and early 2000s in the face of rising natural gas prices.
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.
New England's lack of natural gas is pushing power prices higher, but now National Grid has joined with Spectra and Eversource on a new project expected to provide both economic and environmental benefits while keeping rates down.
«Lower natural gas prices have effectively driven down wholesale power prices for all generators, regardless of whether they are using natural gas, coal, nuclear power or renewable resources to generate their electricity.»
Whether smaller - scale coal plants make economic sense is another matter, particularly as the cost of producing renewable energy comes down, and natural gas prices remain at near - historic lows, well under $ 3 / MMBtu.
One significant risk to this forecast is a sustained and significant rise in natural gas prices, which would slow down coal to gas switching among utilities in the US and Europe.
With variance in the price of natural gas, and half the Centralia plant shutting down in 2020 anyway (when I - 1631 begins) it is possible that this coal exemption won't end up being such a big deal.
The generation utilities that sell into wholesale electricity markets (also under pressure from falling power prices; thanks to natural gas and renewables, wholesale power prices are down 70 percent from 2007) have reacted by cutting costs and merging.
Using a «high - resolution electricity system planning model» of the DOE's two - year - old SunShot Initiative (meant to knock down the cost of solar electricity to market prices by 2020) alongside likely carbon - limitation policies, Kammen and company found that it's not unrealistic for solar to capture a third of the Western U.S. electricity market within 40 years, displacing currently more - attractive technologies like nuclear and natural gas.
Falling wind prices and a natural gas glut have pushed overall energy prices down since then.
Despite pressures on the industry today — with gas prices down and capital investment under pressure — longer term trends still point to the increasing significance of natural gas in the energy mix.
At the same time, competition from natural gas and stringent environmental rules are pushing coal prices down, making it harder for companies to earn a return on the coal they sell.
The increase in natural gas production and with it, low prices, have allowed the Obama administration to clamp down on coal - fired power generation, the regulatory cornerstone of its fight against climate change.
Other states have not been so direct, but nonetheless, coal plants have been shutting down in droves even as multiple nuclear plants have also opted to wind down operations in the past five years, citing difficult market structures and competition from low - priced natural gas.
Natural gas emits far less carbon dioxide than coal when it burns, and new reserves have driven down its price, greatly expanding its use in power plants, homes, and businesses.
Environmental Protection Agency (EPA) regulations, permitting requirements, green energy subsidies and mandates, and of course low - priced natural gas have contributed to coal and nuclear plants being closed down.
There is a lot of cheerleading going on because we are down some in emissions because of the slow move to natural gas since coal regulations are moving the coal prices erratically (that you environmentalists!).
Harry Campbell, managing partner of Calgary - based Burnet Duckworth & Palmer LLP, says with oil prices reaching $ 100 a barrel it's hard to complain but that, «Alberta's basically a natural gas jurisdiction, and the natural gas prices aren't as high as oil prices right now, so the drilling is down.
From The Daily Caller: «New York State is certainly not alone in grappling with how to keep nuclear facilities afloat while cheap natural gas is pushing down electricity prices...
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