A Political Tune Full of Flat Notes
Market Simulation Illuminates Neglected Northeast Energy Needs Marcellus. A Natural gas deposit (a “shale play”) running through Virginia, Kentucky, Maryland and especially West Virginia, Ohio, Pennsylvania and even extending to New York. A stone’s throw from Albany, a short drive from Hartford, over the hills and not too far away from Boston and Providence. […]
New England’s Energy Crisis
Economic Fact vs. Political Fiction How can we reduce natural gas prices? What would happen if liquified natural gas (LNG) exports were banned? What should be the role of government in this matter? And what does this have to do with popcorn? As this article points out, New England has found itself in a bind […]
Japan’s LNG Energy Security Has a Cost: Estimating the Price of Supply Diversity
Cutting CO2 emissions and decarbonization was supposed to be the main topic in global LNG markets last year. Instead, energy security has come again front and center, especially for purchasing countries. In the case of Japan, the security of LNG supply is especially pressing because the fuel has an outsized influence on domestic electricity pricing. […]
For a Successful Energy Transition, “You Need to Learn to Walk Before You Can Run”
It is said the proverb, “You need to learn to walk before you can run,” dates back to the 15th century and it is as relevant today to energy as it was then to everyday life. Despite all the advances we have made, producing reliable, affordable and abundant energy for our needs through renewable sources […]
China’s 2021 LNG Imports increase, replaces world’s former top buyer Japan
In RBAC’s article published in April 2021 (https://rbac.com/chinas-lng-imports-outlook-can-the-united-states-capture-more/), RBAC’s global gas team analyzed China’s LNG imports market and predicted that the United States would play an increasingly important role in China. Nearly one year has passed and we have seen both the United States capture more market share as well as China’s LNG imports surpass […]
Europe without Russian Natural Gas. What Happens to Global LNG Trade?
With tensions escalating higher between Moscow and Kiev, Europeans have been looking for alternative sources of LNG to not only address the current energy crisis in Europe, but also provide some measure of energy security should a conflict between Russia and Ukraine break out. Using RBAC’s G2M2® Market Simulator for Global Gas and LNG™, we […]
It’s a New Year, but is it Really “Auld Lang Syne”?
Not quite a month ago, as midnight struck, the banging of pots and pans, shooting of fireworks and however else one might ring in the new year began. The annual celebration that occurs worldwide is often accompanied by the singing of Auld Lang Syne, or at least here in the states. What does the phrase […]
What if we turned off nuclear and fossil fuels tomorrow?
Could we turn off coal, nuclear and gas and just go with wind, solar and hydro, tomorrow? What would happen? It reminds me of the solar storm that almost wiped out all power in 2012 (due to a CME, or “coronal mass ejection,” which is not a protest against lockdowns). If we turned off all coal, […]
It’s Not Just the Size of Your Carbon Footprint
Concerns about Greenhouse Gas (GHG) emissions, specifically carbon emissions, are not new. They’ve been around for decades with focus really starting in the 1990s, and the Kyoto Protocol which was adopted in 1997. Since that time, a heightened focus on climate change and global warming has commenced and even broadened to now include what is […]
When Opportunity Knocks, Answer the Door
For independent natural gas producers, the saying “When opportunity knocks, answer the door.” has never been truer. Despite a high natural gas price environment, there have been limited production increases from major publicly held companies. Even with natural gas prices in excess of $5.00/MMBtu, US dry gas production has averaged about 92 Bcf/d over the […]
