Not exact matches
Those fuel -
price economics make sense not
just for EnCana, which has converted 163 of its 1,700 vehicles and 15 of its drilling rigs to
natural gas, but for larger fleet operators with no special interest in promoting
gas.
Prices for liquefied
natural gas (LNG) have collapsed, global demand is faltering and the first of what is likely to be a wave of competing shipments has
just set sail from the unlikeliest of exporters, the United States.
In all, the
price of
natural gas has climbed nearly 30 % since mid-June, though it remains at
just a fraction of where it stood in mid-2008.
Just about anybody and everybody The IRA speaks to regarding energy
prices thinks that
natural gas is a dead trade for years to come.
Pricing for the 2013 Ram CNG that can switch between gasoline and compressed
natural gas starts
just over $ 46,000.
And that was
just fortuitous as no one could have predicted the rebound in
natural gas prices.
The United States
Natural Gas Fund (UNG) is the best tool available for those looking to bet on a short - term jump in
prices; if your anticipated holding period is
just a few days, this product will deliver the greatest sensitivity to spot
prices and generally deliver the best returns if there is a spike.
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.
Indeed,
just this week, a Saudi - backed consortium placed an astonishingly low bid to build a solar farm in Dubai for only 3 cents / kWh, half the local
price of power from
natural gas.
But you can see that if energy
prices, especially for
natural gas, stay low for a long period of time, we'll be back in a trance and the imperative for other tougher pushes, whether it's a build - out of renewables, as Joe Romm would like, or much more R. and D., as I would like, it's
just going to be really hard to sustain that.
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.»
Increased demand from the electric sector, with low -
priced natural gas burn totaling about 2,600 Bcf from April through June of 2012, up 27 % from
just over 2,000 Bcf burned during the same period in 2011.
Coal producers are hoping that all of that adds up to a rise in
natural gas prices, which could buy coal - fired power plants
just a little while longer.
I can also forward my slides which have attached spreadsheets where it was necessary to calculate graphed values directly from the EIA data (such as the ratio of oil
prices to
natural gas prices) if you'll
just add a request for them.
But again, profitability of these
gas plays will depend not
just on decline curve analysis but on
natural gas prices as well.
Just in the last two years, the
price of
natural gas has fluctuated from $ 6.00 / MMBtu to $ 13.31 / MMBtu to less than $ 4.00 / MMBtu most recently.
While
natural gas is
just over 5 per cent lower than wind costs, wind energy doesn't face the commodity
price and carbon risks that will nudge
natural gas costs higher in the future.
The «polar vortex» experienced in late 2013 also caused additional problems associated with
natural gas prices which spiked as Ontario's storage was depleted and Ontario's and the Eastern US
gas generation plants were ramped up
just as demand for heating fuel was high.