Tag Archives for gas
By Paul M. Seby & Matthew B. Miller
There is no doubt that coal-based electricity is currently faced with enormous challenges—both at the national level, with the flurry of federal regulations aimed at the coal industry, and at the state level, where local governments are experimenting with dramatic changes in their energy policies. In both instances, federal courts at all levels are being called upon to evaluate the lawfulness and constitutionality of these actions. This short article focuses on that latter evaluation—invoking the most enduring of American documents—our U.S. Constitution. In our national charter lies an important mechanism that may provide important protections against efforts by one or more states to greatly experiment with dramatic changes to their energy-related laws and regulations that have adverse impacts on coal-based electricity or the movement of coal interstate.
After declining for several months, the share of U.S. electricity fueled by coal is expected to slowly begin growing when compared to the same period last year. In contrast, the share of generation from natural gas is expected to experience year-over-year declines. Based on expected temperatures and market conditions, coal is expected to surpass natural gas as the most common electricity generating fuel in December, January, and February.
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This article, originally published Feb 13, 2016, is printed here with permission of the author.
Obama wants to punish oil industry to advance climate agenda. So do Hillary, Bernie and Mike
by: Paul Driessen
If you want more of something, mandate it, subsidize it and exempt it from regulations. If you want less of something, punish it with taxes and regulations. Put more bluntly, the power to tax and regulate is the power to destroy. This is the First Rule of Government.
Editor’s Note: This article was originally published in Issue 2, 2015 of American Coal Magazine (pg. 30-32)
In February 2011, I spoke at the Fifth Annual Energy Forum and Expo in Grand Junction, CO. As I ran through my presentation, I listed some of the pressures being applied to the U.S. coal industry. I also made sure to caution the many members of the natural gas industry that were present to restrain their schadenfreude over the coal industry’s current challenges. In the best of scenarios, I warned, they would have only a few short years before they began to experience the same destructive attacks.
The February 20th edition of the EIA Henry Hub spot price graph debunks the notion of imminently stable gas prices that ANGA CEO, Marty Durbin put forward in a blog post and video last week. The impact of the extreme cold temperatures that much of North America has experienced over the past several weeks has caused Henry Hub natural gas spot rates to spike up to almost $8/MMBtu in some areas and then settle out today at just below $6/mmbtu. At $8/mmbtu, we’re seeing an approximately 400% price swing in an 18 month period. (These prices were published in the February 20th edition of the EIA’s Henry Hub spot price graph)
A new article by Clean Air Markets President, Gary Hart describes what the coal industry can expect during the second term of President Obama. Gary discusses SO2/NOx, MATS, CO2, coal ash, cooling water intake structures, the DC Court of Appeals, and natural gas.
With the onset of a second Obama administration come changes in the key “players” within the organization. There is a morphing list of people who will implement environmental and energy policy—a new group of legislators who will bring new perspectives to these issues and even a handful of new jurists who may rule on cases that could have major implications for the future utilization of coal in the U.S.
This RealClearMarkets article suggests President Obama should drop green energy for “real energy.” The article is focused on natural gas, instead of coal, but it still makes some excellent points.
The bottom line: households have far higher electricity bills using alternative energy … This disproportionately affects low-income Americans, who spend a higher share of their income on energy. Data from Labor Department released last September show those in the lowest fifth of the income distribution spend an average of 24 percent of income on energy, compared to 10 percent of income for those in the middle fifth, and 4 percent of income for those in the top fifth. …
Jason Hayes, ACC Communications Director was quoted today in an AP story discussing the changing American energy diet and CO2 emissions.
Jason Hayes, a spokesman for the American Coal Council, based in Washington, predicted cheap gas won’t last.
“Coal is going to be here for a long time. Our export markets are growing. Demand is going up around the world. Even if we decide not to use it, everybody else wants it,” he said. Hayes also said the industry expects new coal-fired power plants will be built as pollution-control technology advances: “The industry will meet the challenge” of the EPA regulations.
This article by the Australian describes the rush to use coal across the planet as renewables fail to fill gaps and European natural gas prices remain stubbornly high.
Despite high hopes for renewables, the figures show the world to be on the cusp of another fossil fuel boom.
King Coal is refusing to die and, without a significant breakthrough in technology, the biggest energy future winner looks certain to be gas. […]
Cost blow-outs have forced rooftop solar programs to be wound back, wind projects face tougher planning regimes and heightened local community opposition.