The State of Shale Gas and Oil in the U.S.A. Today

By Andy May – Re-Blogged From WUWT

A few news items from The Shale Gas News, by Bill desRosiers of Cabot Oil & Gas. The main paragraphs below are adapted from desRosiers, but I’ve added some detail. Things are looking very good for the U.S. oil, gas and coal industries.

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Largest Weekly Draw on Natural Gas Storage

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

Well… It’s the largest draw “on record”… Since 2010…

NatGas_Draw

Weekly change in natural gas storage (bcf). US EIA

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Coal vs Natural Gas Forecast

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

Over the past 10 months or so, articles like this have been a “dime-a-dozen”…

ENERGY TRANSITIONS

Coal plants keep closing on Trump’s watch

Benjamin Storrow, E&E News reporter
Climatewire: Tuesday, February 21, 2017

In the next four years, utilities have plans to close 40 coal units, federal figures show. Six closures have been announced since Trump’s victory in November.

E&E News

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Understanding the Real Threat to Oil Production in the Middle East

Re-Blogged From Stratfor

The last three weeks have brought the world’s biggest oil-producing region back into the headlines. From a crisis in the Gulf Cooperation Council (GCC) to the political aftermath of a terrorist attack in Tehran, recent developments have renewed concerns that turmoil in the Middle East could cause havoc in the international oil market. Despite the heightened commotion, however, these concerns are misplaced. More than regional tension, the Islamic State’s activity in southern Iraq — and perhaps southern Iran — presents a serious threat to energy production.

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Can the U.S. Become the Saudi Arabia of Natural Gas?

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

The Department of Energy gave a Texas-based energy company permission Tuesday to export liquefied natural gas (LNG) to countries with which the U.S. does not have free trade agreements.

Golden Pass Products will build an LNG export terminal capable of shipping 2.21 billion cubic feet per day (Bcf/d) of natural gas around the world. It’s the first LNG export terminal approved by the Trump administration, adding to the already 19.2 Bcf/d of exports approved by the Obama administration.

LNG_Energy_Dominance

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Weekly Climate and Energy News Roundup #235

The Week That Was: August 6, 2016 – Brought to You by www.SEPP.org
By Ken Haapala, President, Science and Environmental Policy Project

Atmospheric Temperatures: Something unexpected happened in July. The rapid decline in atmospheric temperatures observed for the past few months stopped; in fact, they slightly increased. What will happen for the remainder of the year and in 2017 is yet to be seen. Will a La Niña develop, resulting in a further decline, as in 1998 following a strong El Niño, or will the temperatures remain roughly stable, at a higher level than before the 2015 El Niño? We don’t know, nor is there an established basis for such predictions. In spite of the US government spending over $40 billion since 1993 on what it calls climate science, precious little has gone into understanding the natural causes of climate change, one of which is the El Niño Southern Oscillation (ENSO), which describes El Niño/La Niña events.

Based on research in China, and elsewhere, ENSO events may have been occurring for thousands of years, prior to human use of fossil fuels. Additional research indicates that variations in monsoons, which may be influenced by ENSO events have been occurring for hundreds of thousands of years, long before humanity existed.

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