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Why Natural Gas Prices Quadrupled In Two Years

R-Squared Energy

natural gas production, I engaged in a Twitter discussion on the causes of the natural gas price surge over the past two years. The largest contributor to higher natural gas demand has been US power generation. What ensued was a discussion of the influences in the natural gas markets in recent years.

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Why Oil Demand Won’t Follow Coal’s Death Spiral

R-Squared Energy

Since the peak in 2007, coal consumption in the U.S. The first was that the shale gas boom in the U.S. unleashed massive new supplies of cheap natural gas. This made it economical for power plants to switch from coal to natural gas. This made it economical for power plants to switch from coal to natural gas.

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Energy-related carbon emissions fell in 2020, EIA says

Renewable Energy World

EIA cited lower energy demand due to the COVID-19 pandemic, as well as continuing changes in the electricity generation fuel mix. Although people stayed home more often in 2020, a warmer-than-average winter led to a lower demand for heat. EIA said lower natural gas prices were offset by a warmer winter, prompting less demand for heat.

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How will the energy crunch impact the transition to renewables?

Renewable Energy World

Record-high natural gas prices are fueling an energy crunch ahead of winter in the Northern Hemisphere, leading to power shortages in parts of the world. On one hand, developing countries eyeing a switch from coal to natural gas to support higher penetration of renewables may be dissuaded by higher gas prices.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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U.S. Coal Consumption Down 50% From Peak

R-Squared Energy

The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Previous articles covered overall energy consumption , petroleum supply and demand, and natural gas. Coal contains a higher percentage of carbon than does oil or natural gas.

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U.S. Crude Oil Export Surged to New Record in 2023

R-Squared Energy

as the world’s top liquefied natural gas (LNG) exporter, this week the Energy Information Administration reported that the U.S. refiners had a significant demand for crude oil, but they had spent decades investing billions of dollars into processing heavy, sour crude oil. From 2004 through 2007, U.S. million BPD.

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