We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units (MMBtu), in our February Short-Term Energy Outlook (STEO). We forecast increases in natural gas prices as demand for natural gas grows … [continued]
In 2020, a bucolic part of western Mississippi, the tiny village of Satartia, experienced a terrifying disaster. About 300 people live in the village and surrounding area. It’s in the county of Yazoo, whose population density is 11 per square kilometer. For contrast, New York City’s density is 1,000 times … [continued]
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]
There are many reasons the use of fossil fuels cannot be continued. One is climate change caused by excessive greenhouse gas emissions. Another is the harm to human health caused by fossil fuel’s toxic pollutants. Tragically, there are disastrous oil spills such as Deepwater Horizon, Exxon Valdez, and many others. … [continued]
Over the past year or so, energy return on energy invested (EROEI) has shown up multiple times for me as an attack on technologies that are now superior. A nuclear shipping advocate tried to gotcha me with that for biofuels for shipping. Others reasonably asked about it for biofuels in … [continued]
Interior Department Announces Nearly $5 Million from President Biden’s Investing in America Agenda to Clean Up Legacy Pollution in Missouri Historic funding to plug orphaned oil and gas wells will address environmental and safety hazards, create good-paying jobs in communities across Missouri. WASHINGTON — The Department of the Interior today … [continued]
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]
It’s always interesting to figure out why irrational things occur. In the case of London’s foolish hydrogen buses, apparently Wrightbus going into administration aka bankruptcy proceedings led to well-connected people like Wrightbus owner Jo Bamford’s father, Lord Bamford, the man who inherited British firm JCB and was also knighted for … [continued]
It’s incredibly rare that any hydrogen for energy play pencils out compared to alternatives. There’s a village in the African country of Mali where geological hydrogen vents up through the ground and is burned to generate electricity for the 4,000 person village. And then there’s Prince George, British Columbia, which … [continued]
The Rocky Mountain Institute is a respected organization that has done great work since its founding in 1982. Amory Lovins, its founder and long its leader, is a tremendous thought leader who was ahead of his time. He’s been proven right on many things. And he’s been proven wrong on … [continued]
