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Shale gas a game changer for U.S. energy economy
A few years ago, when shale gas started to take off we wrote a series of articles that predicted the far reaching economic and geopolitical impact of shale gas. Slowly but surely these predictions are...
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Is the shale gas “miracle” over-hyped?
In his upcoming book ““Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth.”, Bill Powers argues that the shale gas miracle is over-hyped and will disappoint. Mr. Powers believes that...
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Canada’s natural gas industry could be worth $1 trillion
The Conference Board of Canada published an analysis Monday that expects Canada’s natural gas industry to add more than $1 trillion to Canada’s economy over the next 24 years and support an average of...
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EU Seeks Energy Integration as U.S. Shale Gas Widens Price Gap
(Source: Blomberg) According to a commission report prepared for a summit of EU leaders, shale gas production has contributed to a widening gap between U.S. and EU industrial prices for energy. The...
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Deloitte: Shale gas, oil potential increasingly apparent
Oil and gas production from tight shale formations clearly is a long-term phenomenon and not a short-term trend, Deloitte LLP officials told reporters. The financial services company found growing...
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UK shale gas survey likely to reveal reserves higher than expected
(Source: The Guadian) New estimates of the UK’s reserves of shale gas will be published on Thursday, and are expected to be much larger than originally thought – potentially supplying the UK with...
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Obama sets stage for Keystone XL approval
Photo: AP Photo/Charles Dharapak In a speech yesterday in President Barack Obama stated the Keystone XL pipeline will be rejected unless it’s clear that it won’t exacerbate global warming. “Allowing...
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Happy Birthday to the Pickens’ Plan
This week marks the fifth anniversary of the announcement of the Pickens Plan. Mr. T. Boone Pickens has launched a video celebrating and summarizing all of the accomplishments of the Pickens Plan and...
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Florida nuclear project cancelled in face of shale gas boom
Its unfortunate that Duke Energy scrapped plans for a $24-billion nuclear project in central Florida citing the boom in shale gas as the reason for the cancellation. This short sited view will only...
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National Energy Board approves four more LNG licenses in British Columbia –...
Four more proposed liquefied natural gas (“LNG”) projects in British Columbia have received approvals for export licences from the National Energy Board, bringing the total number of licenced projects...
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Natural Gas Makes Largest Gains Since June
Natural gas prices burst back above $4 with their largest day of gains since mid-June as a rush of early winter cold has traders expecting rising demand for the fuel. Cool Canadian air is likely to...
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