By the time nat gas rises to $4, oil price will be significantly higher than today. Devon needs cash to repair its balance sheet Nathanael 06/08/2016 at 4:05 pm I worked out that if natgas goes as high as $4.50, we will see some utility companies which are currently generating elec...
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Today my local newspaper printed an editorial basically saying "Relax everyone, CERA says there's plenty of oil." I want to send them a short letter asking if the editorialist actually read CERA's data and actually fact-checked its assertions, because the report is highly controversial and sho...
At 2030 technology costs and with excess electricity displacing natural gas, we find that the electric system can be powered 90%–99.9% of hours entirely on renewable electricity, at costs comparable to today’s—but only if we optimize the mix of generation and storage technologies. They look ...
If the oil company has the Nat gas as a waste product, therefore it is free fuel. It can actually be better than that if there are penalties for flaring, therefore the nat gas used to fuel the rig can actually have a negative cost to the oil company, and therefore becomes a strong ...
shares in the Oklahoma City-based company fell nearly 8% today while other oil and gas stocks were flat. Considering Hamm’s 70% stake in Continental, today’s market move has shaved about $1.2 billion off his fortune. The concern appears to stem from Continental’s disclosure that its well...
Solar Market Insight Q2 2020 report, released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the coronavirus pandemic is having a significant impact on the U.S. solar industry. Construction has been delayed, customer demand has dropped and access to financing for ...
Wafra oil fields operations are shutting down for maintenance from today until May 26 and probably won’t restart due to lingering difficulties, according to the two people with knowledge of the matter… Saudi Arabia halted operations in October at the Khafji offshore fields, which are in the ...
Now at $2MMBTU that sucks but when (if) nat gas prices normalizes it will ring the cash register. On the up dip oil part we have only two fully developed units, Good Martin with 8 wells and the May Unit with 7 wells. The Good Martin unit has been on production for a year last...
Today I’m cautiously optimistic. Still prepared for the worst, but seeing a lot of progress that reminds me of the findings of The Hirsch Report. DaShui 08/03/2014 at 9:38 am Florida needs driverless cars because of all the old people running into things. Ilambiquated 08/05/2014 ...