Sentences with phrase «natural gas prices led»

Then in the 1970's, factors such as the oil embargo, inflation, and an increase in natural gas prices led to higher power generation costs.

During 2012, particularly in the spring and early summer, low natural gas prices led to competition between natural gas - and coal - fired electric power generators.

Not exact matches

Bitumen and natural gas led the increase, even as prices fell from earlier in the year.

An independent panel has endorsed the proposed development of a liquefied natural gas precinct at James Price Point near Broome, but the recommendation may have little impact as project developers led by Woodside Petroleum have shifted their focus to floating LNG developments.

They should instead re-examine their practices that might have led to traces of, for example, diesel turning up in the Wyoming groundwater and come up with standards that would make leaks along the well bore impossible before less appropriate and more costly rules are thrust upon them at a time when natural gas prices are hitting 10 - year lows.

(Reuters)- U.S. power producer Calpine Corp CPN.N said it would sell itself to a group of investors led by Energy Capital Partners for $ 5.6 billion, as the debt - laden company struggles with depressed natural gas prices.

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.

Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.

Hurricane season runs until the end of November, should any major storm threats arise over the coming months which lead to the suspension of drilling expect to see the price of natural gas to move up.

The protests, which were led by Buddhist monks, were sparked by a 500 per cent increase in the price of natural gas, announced by the government in August last year.

• Abundant, less expensive natural gas would lower energy prices across the board, leading people to use more energy overall.

Prior to the spill, low natural gas prices and the credit crunch led to reduced fleet utilization and day rates that had hurt drillers in the Gulf of Mexico generally.

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.

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.

Last week we made the point that America's ongoing energy revolution is the main reason the United States is the world's leading producer of oil and natural gas — a renaissance that is reducing oil imports and benefiting consumers in the form of lower prices at the pump.

EIA's study indicates that for the United States as a whole, a 10 % increase in the ratio of the delivered fuel price of coal to the delivered price of natural gas leads to a 1.4 % increase in the use of natural gas relative to coal.

This investigation into the interplay of business and 1970s oil price and allocation regulation led him to apply for a grant from the Cato Institute to write a history of U.S. oil and natural gas regulation, an anticipated 18 - month project that turned into five years of full - time effort.

The current downward trend in coal - fired generation began in 2007, when increased U.S. production of natural gas (particularly from shale) led to a sustained downward shift in natural gas spot prices and increased generation from natural gas - fired generators.

Saudi Arabia is the second - leading subsidizer of end - use fossil fuel prices, providing 61 percent of its $ 48.6 billion in fossil fuel consumption subsidies to oil, 26 percent to electricity, and 14 percent to natural gas in 2015.

However, low natural gas prices, increasingly affordable renewable technologies and grid improvements, declining demand for electricity, and costly age - and safety - related power plant repairs have led to some nuclear reactors being retiring abruptly, with little or no advance planning.

And unlike the electricity industry, in which market forces have pushed utilities toward cleaner energy, including natural gas and renewable sources, relatively low gasoline prices in recent years have led consumers to pay less attention to fuel economy when they buy new cars.

Low domestic natural gas prices have led to savings of almost $ 50 billion for customers who have used natural gas for heating, cooking and clothes drying over the past four years.

For the first time in history, natural gas is now the leading source of fuel to generate electricity in the U.S., but at what price?

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.

Natural gas prices have dropped significantly this winter, leading the generators in some states (such as Ohio and Pennsylvania) to significantly increase the share of natural gas - fired geneNatural gas prices have dropped significantly this winter, leading the generators in some states (such as Ohio and Pennsylvania) to significantly increase the share of natural gas - fired genenatural gas - fired generation.

Natural gas production from domestic shale gas formations began to rapidly increase starting in 2005, which has led to a relatively sustained period of low natural gas Natural gas production from domestic shale gas formations began to rapidly increase starting in 2005, which has led to a relatively sustained period of low natural gas natural gas prices.

A combination of mild weather (leading to a drop in total generation) and the increasing price competitiveness of natural gas relative to coal contributed to the drop in coal's share of total generation.

The model results indicate that for the United States as a whole, a 10 - percent increase in the ratio of the delivered fuel price of coal to the delivered price of natural gas leads to a 1.4 - percent increase in the use of natural gas relative to coal.

Central among them is historical and ongoing natural gas price volatility, which can lead to higher electricity prices.

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.

Lower natural gas prices and regional environmental initiatives are leading natural gas - fired generators to provide a greater portion of the electricity in the northeastern United States.

Since May 2012, a combination of higher prices for natural gas and increased demand for electricity during the summer months led electric systems across much of the country to increase their use of coal - fired units.

Authoritative sources such as EarthTrack have placed the fossil fuel industry's tax and fiscal subsidies at around $ 25 billion a year, a figure that pales beside the roughly $ 1,000 billion (one trillion dollars) paid annually for coal, oil and natural gas burned in the U.S. Do the math: withdrawing those subsidies would lead to at most a 2 - 3 percent rise in the market prices of fossil fuels — scant incentive to reduce their use and concomitant emissions of CO2.

For example, higher coal prices due to carbon taxing will lead cost - minimizing power grids to more heavily dispatch lower - emitting natural gas power plants in the short run, and to switch increasingly to zero - carbon wind and solar generation over time.

(1) a slight increase in the price of coal, and a significant decrease in the price of natural gas; (2) the weather conditions, with no extremely hot days in the summer and much warmer than usual winter temperatures leading to heating degree days decreasing by 12.6 %.

Regardless, the underestimation of natural gas prices before 2009 and of coal prices in later periods led to an under projection of electricity prices.

«The rapidly dropping price of wind and solar, combined with natural gas generation rather than coal, lead to solid economics, high reliability, lots of renewables, reduced emissions, and local control,» said Weaver.

These state - level initiatives, along with fluctuations in the supply and demand of natural gas and oil, may also lead to electricity price increases in the future — although it is worth noting these increases would be less significant than if the CPP is implemented.

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.

And this is especially important during the winter, when the demand for natural gas for home heating spikes in some parts of the country, leading to higher prices and less natural gas available for electricity generation (since home heating takes priority over electricity generation in terms of natural gas pipeline delivery contracts).