High Performance Buildings Blog

U.S. Northeast Gas Plays Getting Critical Pipeline Relief

Jude Clemente December 28, 2016 02:21 PM

Even since the price collapse started 2014, natural gas production in the Marcellus has increased nearly 15% to 18.3 Bcf/d, with output in the neighboring Utica up 130% to 4.1 Bcf/d. These two northeast shale plays are almost single handedly reversing the U.S. gas market to flow more north to...

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Electric Imports and the Environment: What the New England Clean Power Link Tells us About Demand

Trevor Sutherland December 16, 2016 09:16 PM

On December 5th the New England Clean Power Link (NECPL) received its Presidential Permit, a required license for any transmission project that links the U.S. power grid to that of another country. The $1.2 billion project, financed by...

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The U.S. Leading a Globalizing Natural Gas Market

Jude Clemente December 12, 2016 03:53 PM

Today, only about 33% of all natural gas used is traded internationally, versus 66% for oil. Gas has typically been sold in three regionalized markets with different contract structures; North America (hub-based), Asia Pacific (oil-indexed), and Europe (hub-based and oil-indexed). But, the sale of LNG is transforming natural gas from...

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OPEC’s Production Cuts: Will They Matter?

Jude Clemente December 1, 2016 03:45 PM

After weeks of negotiations, OPEC ministers in Vienna on Wednesday agreed to lower their oil supplies to ease a global glut that has halved prices since 2014. The 14 Member Countries worked a deal to cut crude production by...

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CAPEX Reductions Today Could Lay the Foundation for a Price Spike

Jude Clemente November 21, 2016 02:23 PM

The oil and gas price collapse has discouraged investments in future production in recent months and is setting up a potential spike in prices. The industry is caught in an underinvestment cycle that could reverberate much sooner than most realize...

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