I worked out that if natgas goes as high as $4.50, we will see some utility companies which are currently generating electricty with natgas decide to build solar or wind farms instead of running their *existing* nat gas plants. (The LCOE of the new solar or wind project is lower than t...
As I have frequently noted, Citi Research put the overall decline rate from existing US natural gas production at about 24%/year, and this estimate is supported by the observed 20%/year decline rate in Louisiana’s natural gas production from 2012 to 2014. The Louisiana decline rate was th...