article thumbnail

Why The Natural Gas Price Collapse May Not Last

R-Squared Energy

Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first place I stop. This report provides an update on the levels of natural gas in storage facilities across the United States.

article thumbnail

The U.S. Maintains Its Natural Gas Dominance

R-Squared Energy

Today I delve into the data on natural gas production and consumption. had dominated global natural gas production until the 1980s, at which time it ceded the lead to Russia. The Middle East has also grown its natural gas production at a rapid pace over the past 50 years, and was on pace to take the global lead.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas Blackout Hearings Highlight Intertwined Risks of Natural Gas, Power Grid and Deregulated Market

GreenTechMedia

The catastrophic breakdown of Texas’ natural gas and electricity system last week lacks a single villain to blame for it all. “We set up rules very deliberately to say, 'Give us the cheapest gas, power and water you can get, and don’t bother me about all that other stuff,'” she said.

article thumbnail

Renewable natural gas is crucial to diversify our clean energy sources

Renewable Energy World

David Cox, Founder and CFO of the Coalition for Renewable Natural Gas. One crucial green energy source that we should be capitalizing on is renewable natural gas (RNG). David Cox co-founded the Coalition for Renewable Natural Gas in July 2011 and serves its members as CFO. homes and businesses.

article thumbnail

Could green hydrogen be key to a carbon-free economy?

GreenBiz

Europe, which has an economy saddled with high energy prices and is heavily dependent on Russian natural gas, is embracing green hydrogen by providing funding for construction of electrolysis plants and other hydrogen infrastructure. hydrogen is a lot more expensive than other fuels such as natural gas.

article thumbnail

EIA Confirms U.S. Producing More Oil Than Any Country in History

R-Squared Energy

Notably, recent increases in total crude oil and natural gas production in the United States have been primarily driven by the growth of production in the Permian Basin, located in western Texas and eastern New Mexico. became a net exporter of finished products like diesel and gasoline in 2011. In 2020, the U.S. million BPD.

article thumbnail

Renewables are 87% of new U.S. generating capacity so far this year

Renewable Energy World

Most of the balance was provided by natural gas (2,327 MW) coupled with very small contributions from oil (19 MW) and coal (11 MW). By comparison, net growth for natural gas will be only 14,535 MW. There were also small additions in 2021 by hydropower (28 MW), geothermal (25 MW), and biomass (14 MW). . rooftop) solar.