• Shale Gas Reserves Grow To Compensate for Obama Energy Starvation

    • Date: 21/12/10

    The US Energy Information Administration (EIA) is reporting in its Annual Energy Outlook report that shale gas reserves are growing to compensate for losses of offshore gas brought about by Obama’s de facto moratorium on new deepwater production in the Gulf. The technically recoverable unproved shale gas resource is 827 trillion cubic feet (as of […]

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  • An Energy Revolution For Britain

    • Date: 20/12/10

    Shale gas could transform Europe’s energy markets, without costing taxpayers a penny. Last week Britain’s Department of Energy and Climate Change unveiled proposals to overhaul the country’s energy market, and specifically to create a “built-in level playing field for low carbon” energy production. Might this mean that the government will at last eradicate the price […]

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  • The Wind Subsidy Bubble

    • Date: 20/12/10

    Green pork should be a GOP budget target. Ethanol isn’t the only heavily subsidized energy source that won a multibillion dollar jackpot in last week’s tax deal. The other big winner was the wind industry, which received a one year extension of a $3 billion grant program for renewable energy projects. Talk about throwing good […]

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  • The Greatest Commodity Story Ever Told

    • Date: 17/12/10

    You are about to hear a story about the greatest commodity story ever told. Well ok, maybe it isn’t the greatest commodity story ever told and perhaps I am inspired by the season but it is the greatest commodity story of our generation. It is the story of natural gas and the shale gas revolution. […]

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  • Solar Eclipse

    • Date: 17/12/10

    The solution to meeting America’s energy demands is so simple that anyone other than a politician could grasp it. Stop subsidizing industries altogether. Stop picking winners and losers based on ideological predilections. Stop mandating the use of alternative energy. Eliminate excessive regulation of fossil fuels. Then stand back and allow the free market to decide […]

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  • Shale Gas Production To Double By 2025

    • Date: 16/12/10

    Production of natural gas locked in shale will double by 2035, helping the U.S. become less reliant on imported energy, according to a federal agency forecast. The Energy Information Administration’s annual long-term forecast “shows the growing importance of natural gas from domestic shale gas resources in meeting U.S. energy demand,” Richard Newell, the agency’s administrator, […]

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  • Unconventional Gas Revolution Goes Global

    • Date: 15/12/10

    The revolution in unconventional gas, which began in Texas, Lousiana and other western states and now is transforming the energy picture in northeastern ones as well, is not just a North American phenomenon.Argentina’s main energy company, YPP, announced a shalegas find that will guarantee the country adequate supplies for many decades to come; the company, […]

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  • UK New Nuclear Programme Goals ‘Extraordinarily Unlikely’: Analyst

    • Date: 15/12/10

    The UK government’s goal of seeing 16,000 MW (16 GW) of new nuclear power online by 2025 is “extraordinarily unlikely,” Citibank utilities analyst Peter Atherton told a House of Commons committee Tuesday. Even if the government’s imminent proposed reforms of the electricity market socializes the power price risk — moving it from utilities to consumers […]

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