Shale Gas
Down, Down, Down: Energy Prices in the 2010s
By Evelyn Teel A previous blog post highlighted the shale gas revolution as arguably the most significant energy-related development of the previous decade (you can find the post here: https://avalonenergy.us/2019/12/shale-we-review-the-2010s/). In this article, we will discuss another trend that was significant in the 2010s – declining energy prices. Natural Gas Prices One major effect of…
Read MoreShale We Review the 2010s?
By Evelyn Teel and Jim McDonnell With the decade coming to a close, this is a perfect opportunity to look back at how the energy market has changed over the past ten years. It has certainly been a whirlwind ride, starting shortly after the 2008 stock market crash and continuing through the Great Recession and…
Read MorePropane and Natural Gas – Birds of a Feather Not Flying Together
Propane is a versatile source of energy common in rural areas that are “beyond the main” of utility natural gas service. It is often used for home space and water heating and cooking, as well as for agricultural uses such as crop drying, irrigation pump fueling, space heating in green houses, pig and poultry brooding,…
Read MoreNatural Gas Market Update, June 2018
Natural gas prices remain low and below their declining 21-year trend. See graph below. The prices presented here are for delivery at the Henry Hub in Southern Louisiana. Natural gas prices in other producing areas of the US, such as Northeastern Pennsylvania, the Permian Basin, and the Williston Basin, are significantly lower. The prices here…
Read MoreNCAC – 22nd Annual Washington Energy Policy Conference
ONE WEEK FROM TODAY Secure your spot here: https://www.ncac-usaee.org/event-2845352 Energy Technologies and Innovations: A Disturbance in the [Market] Force Thursday, April 12, 2018, 8:30 AM to 6:00 PM The George Washington University Keynote speakers: Mark P. Mills, Senior Fellow, Manhattan Institute Gil Quiniones, President and CEO, New York Power Authority In addition to these keynote…
Read MoreThese Are Days To Remember
Natural gas prices are really, really low in the wholesale market. The graph above shows daily natural gas prices traded at the Henry Hub, in dollars per million British thermal units ($/mmBtu), from January 1997 to today. Prices on the graph are in nominal dollars, not adjusted for inflation. Natural gas prices have exhibited a…
Read MoreOFO (No Room at the Inn)
Huh? What does OFO mean? First, a step back. The US natural gas pipeline and distribution system can be thought of as a large container with producers injecting natural gas (supply) and customers withdrawing natural gas (demand). Last year, during 2011, the US consumed 24.4 trillion cubic feet (TCF ) of natural gas, or, on…
Read MoreNatural Gas Price Drivers
We have noted previously on this blog that natural gas prices have declined dramatically over the last three years. On January 19, 2012 the February futures contract settled at $2.32 per million Btus. This is lower than natural gas prices have been in a decade and we are in the winter heating season, a time…
Read MoreIs the Shale Gas Revolution for Real?
Some have described the proliferation of shale gas plays as a “quiet revolution.” But, the revolution is not so quiet. Stories now appear regularly on the front page of the Philadelphia Inquirer, the New York Times, and many other newspapers far from the oil patch. What are the facts? US natural gas production is higher…
Read MoreWelcome
Welcome to Avalon’s energy blog. Get the latest news and information in the energy sector from an expert in the industry. Our blog will discuss ways to save, new technologies and the latest in legislation for both commercial and residential.
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