With Natural Gas Prices Surging Private Equity Looking to Cash Out of Haynesville Assets

Haynesville is expected to produce a record 13.6 billion cubic feet per day (bcfd), about 15% of U.S. shale gas output next month. Private equity firms are looking to sell companies and land they own to take advantage of surging natural gas prices.   The Haynesville spans northeast Texas and northwest Louisiana, is the second-largest shale gas producing region in the U.S. While the formation has smaller reserves than the Marcellus-Utica play in the Northeast, its proximity to the Henry … Continue reading “With Natural Gas Prices Surging Private Equity Looking to Cash Out of Haynesville Assets”

EIA Forecasts U.S. Natural Gas Inventories To Enter Winter Heating Season Below Average

The EIA in their September 2021 Short-Term Energy Outlook (STEO) forecast natural gas inventories ended August 2021 at about 2.9 trillion cubic feet (Tcf, which is 7% lower than the five-year (2016–20) average for this time of year. 

U.S. Natural Gas Consumption Down With Switch to Coal Due To Higher Gas Prices

The EIA expect U.S. consumption of natural gas to fall 0.9% from 2020 in part from higher natural gas prices seeing electric power generators switch to coal. They expect U.S. natural gas consumption in 2022 mostly unchanged from 2021 in their September 2021 Short-Term Energy Outlook (STEO).

Europe Energy Crisis Years in the Making With Reactionary Environmental policy

What comes to mind with the current European energy crisis is the unexpected consequences of decision making without thought of possible headwinds. The current crisis has been borne out of what could best be described as ignorant energy and environmental policies. Putting the cart before the horse the issue with populist kneejerk policy.

Canada Long-term Environmental and Economic Sustainability Challenges

Canada’s recent election highlighted challenges with income inequality and long-term environmental and economic sustainability. This is highlighted by it’s Inclusive Development Index (IDI) score, ranking 17th overall among advanced economies.