The Latest Trends In Renewable-Energy Tech, Markets, And Policy

Renewable energy, and its role in energy future, is an intense topic that spans across all corners of the energy spectrum. For example, our recent Mexican Energy Series featured a lively discussion of whether Mexico is on course for the 2024 target of 35% renewable energy, and what this pledge means for the country. Each year, as new corporations, municipalities, and countries make bold and vocal commitments to offsetting energy consumption, and…

Natural Gas Storage Report Injection Season Week 7 (Week Ending May 18, 2018)

The seventh week of injection season provided an injection of 91 Bcf, essentially falling in line with the market expectation of 92 Bcf. This year’s injection is larger than last year’s 74 Bcf and the five year average at 89 Bcf. 2018 Atlantic hurricane season kicks off with a possible tropical or subtropical depression in the Gulf of Mexico hitting the Southeast and Florida. Current working natural gas inventories stands…

Natural Gas Storage Report Injection Season Week 6 (Week Ending May 11, 2018)

The sixth week of injection season provided an injection of 106 Bcf, essentially falling in line with the market expectation of 105 Bcf. Some weather outlooks are projecting warmer than normal conditions in the upcoming weeks along with heavy showers over portions of the West and Southeast that are expected to keep demand low.  This year’s injection is larger than last year’s 64 Bcf and the five year average at…

Natural Gas Storage Report Injection Season Week 5 (Week Ending May 4, 2018)

Week 5 of injection season saw an injection of 89 Bcf which was slightly below the expectation of 91 Bcf.  This gave the market a slight bullish feel, and it made the futures increase in price. Some weather outlooks are projecting  cooling demand in the upcoming weeks that can assist the bulls to get more momentum and hit above the $2.80- $2.82 mark.  The cooling demand is going to come…

Currents Energy Industry Insights – May 2018

In Cities v. Fossil Fuels, Exxon’s Allies Want the Accusers Investigated – “Now two industry-friendly groups are turning the tables and asking the SEC to investigate the cities and counties for possible fraud.” Why this is important: Over the past year, cities across the country have sued Exxon and its peers alleging the extractive industry withheld information about the risks of climate change. Those cities are seeking billions of dollars…

Natural Gas Storage Report Injection Season Week 4 (Week Ending April 27, 2018)

Week 4 of injection season saw an actual injection that was way above the expectation of 52 Bcf. The actual came in at 62 Bcf, and the futures lowered as the market went bearish.  Record production and future mild weather forecasts are some of the main contributors for the downward market. The injection that we had today is very similar to the injection that we had last year which stands…

Joint Worker Safety Program To Help Sustain U.S. Energy

The deep relationship between the U.S. natural gas and oil industry and America’s building trades unions – the men and women who build much of our country’s energy infrastructure – is getting deeper. In remarks to the annual legislative conference of North America’s Building Trades Unions (NABTU), API President and CEO Jack Gerard announced a new program to join the best practices of the two organizations in a new safety initiative, applicable…

Natural Gas Storage Report Injection Season Week 3 (Week Ending April 20, 2018)

The withdrawals have lasted yet another week. This marks the third week in a row that injection season has seen a withdrawal, and the current pull of 18 Bcf still managed to surpass the market expectation of 12 Bcf. Last year we saw an injection of 71 Bcf and the five year average stands at 60 Bcf. Another unusual withdrawal made the market increase the expiring May contract to as…

If Solar And Wind Are So Cheap, Why Are They Making Electricity So Expensive?

Over the last year, the media have published story after storyafter story about the declining price of solar panels and wind turbines. People who read these stories are understandably left with the impression that the more solar and wind energy we produce, the lower electricity prices will become. And yet that’s not what’s happening. In fact, it’s the opposite. Between 2009 and 2017, the price of solar panels per watt declined by 75 percent while the price…

Natural Gas Storage Report Injection Season Week 2 (Week Ending April 13, 2018)

Week 2 of injection season saw another withdrawal of 36 Bcf, which was higher than the expectation of 23 Bcf.   Last year we saw an injection of 47 Bcf and the five year average stands at 38 Bcf. Today’s withdrawal was way above the expectations of many traders which were in the range of 7-30 Bcf.  The largest withdrawal came from the Midwest region which had a net withdrawal of 18 Bcf.…