Tag Archives: natural gas

Natural gas: Not all it’s fracked up to be?

Natural gas is being touted as a “game changer” and a “bridge to a low carbon economy.” It is an abundant, made-in-America energy source.  It is about half as carbon intensive as coal when burned. The figure below suggests that … Continue reading

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“We’re for Import free trade, just not Export free trade”

• For much of the last 40 years US politicians have railed against the countries of OPEC for restricting exports of oil for their own economic gain. Just 7 years ago, more than a dozen Senators, from both parties, introduced … Continue reading

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In Praise of Deregulation

The American Economic Association held their annual meeting this weekend in San Diego. There were many excellent presentations on energy, but one of my favorites was by Paul Joskow on the history of deregulation in the natural gas industry.[1] Joskow’s … Continue reading

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Natural Gas Shortages in Mexico

Whereas in the United States there are thousands of natural gas producers, in Mexico there is only one, Petróleos Mexicanos, also known as PEMEX. And, as is the case for many state-owned companies, the prices charged by PEMEX are government … Continue reading

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N(Fracking)IMBY

The natural gas fracking debate has given rise to another interesting issue. On the one hand we like the cheap natural gas. The switch to natural gas for producing power has partially contributed to decreased emissions of global warming gases … Continue reading

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Optimal Federalism

Last week Mitt Romney released a new energy plan (available here). The plan includes a proposal to reduce federal oversight of oil and gas drilling on public lands.  National standards for air and water pollution would remain in place, but the … Continue reading

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A Sea Change in U.S. Generation

Ever since I can remember, a rough but useful rule of thumb to describe the sources of U.S. electricity generation is that 50% comes from coal-fired plants, 20% comes from nuclear, and the rest comes from natural gas, hydro, and … Continue reading

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Bonding Requirements for Natural Gas Producers

Hydraulic fracturing and other recent technological advances have dramatically increased the availability of natural gas, providing large benefits to the U.S. economy. At the same time, however, these new forms of drilling raise a number of potential environmental concerns, in particular, … Continue reading

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Speculation is not the cause of high oil prices

Amidst all the political noise on speculation in oil futures markets, some serious researchers have written useful blogposts and op-eds pointing out the lack of evidence that speculation is a cause of the current high oil (and gasoline) prices.  One … Continue reading

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