Aramco CEO Blasts Energy Transition “Fantasy” At CERAWeek 2024
CERAWeek 2024 featured an address by Aramco CEO Amin Nasser in which he called a transition away from fossil fuels “a fantasy.”:
Natural Gas
Natural Gas Isn’t Burning Nearly As Cleanly As We Thought
Remember those golden days when natural gas was a clean-burning bridge fuel, a nice way to reduce emissions as we ditched coal and switched to renewables? It was such a pleasant fantasy, while it lasted. Remember how the USA has a shared dream that it has world-beating emissions reductions because … [continued]
Joint Statement by the U.S. & EU following 11th U.S.–EU Energy Council
The text of the following statement was released by the Government of the United States of America and European Union. The eleventh United States–European Union (EU) Energy Council (“Council”) met [on Friday] in Washington, chaired by U.S. Deputy Secretary of State Kurt Campbell, U.S. Deputy Secretary of Energy David M. … [continued]
India’s Report Card Against Short List Of Climate Actions Is Better Than Most Realize
For several years I’ve been iterating The Short List of Climate Actions That Will Work. The work of organizations like Mark Z. Jacobson’s Stanford team around energy and Carbon Drawdown’s around everything are excellent in different ways, but also indigestible to most people. The short list really is that. It’s … [continued]
Winter Storms Have Disrupted U.S. Natural Gas Production
Over the last four winters, winter storms Uri (February 2021), Elliott (December 2022), and most recently, Heather (January 2024) interrupted weekly U.S. natural gas production by more than 15 billion cubic feet per day (Bcf/d), according to daily estimates from S&P Global Commodity Insights. These declines were the largest interruptions … [continued]
Henry Hub Daily Natural Gas Spot Price Fell to Record Lows in February
The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, 2024, the lowest price in inflation-adjusted dollars since at least 1997, according to data from Refinitiv Eikon. High natural gas production, low natural gas consumption, and higher natural gas inventories than the … [continued]
United States Remained Largest Liquefied Natural Gas Supplier to Europe in 2023
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ. Last year marks the third consecutive year in which the United States supplied more LNG to Europe … [continued]
CCS Redux: Carbon Engineering Was Always A Figleaf For Fossil Fuel Industry, Now It’s Owned…
Carbon capture and sequestration in all of its various ineffective, inefficient and expensive forms is having another run up the hype cycle. Nothing has really changed. The problems still exist. The alternatives are still better. The potential for use is still minuscule. And so, the CCS Redux series, republishing old … [continued]
The US Saw Record Percentages Of Heat Pump & Electric Water Heater Sales In 2023
The “Electrify Everything” movement is full steam ahead in American homes, according to the latest data from AHRI which tracks annual shipments of furnaces, heat pumps, and water heaters. Heat pumps for space heating and electric water heaters have set new records, and gas equipment continued to decline as a … [continued]
Property Owners In Colorado Sue To Force Clean Up Of Orphaned Wells
Orphaned oil and gas wells are costing taxpayers billions while companies get off scot free, New litigation may change the rules of the game.
