Tag Archives: gas price

Blowout Week 148

In this week’s blowout: falling renewable investments, the SA blackout, falling oil output in Libya, Nigeria and Venezuela, EU gives pipeline go-ahead, Warren Buffett on wind subsidies, French nuclear woes and UK energy prices, Fukushima reclamation costs up, the end of nuclear in the US and of coal in UK, Australian coal mines reopening, Sweden and Spain to go 100% renewable, DONG considers selling oil & gas assets, renewables and “Big Data”, the Heathrow third runway, Brexit lowers the UK’s renewables-favorable ranking, few in UK support fracking, new life for the incandescent light bulb and how climate change causes cold winters, an increase in child marriage and more politicians being voted out of office. Continue reading

Posted in Blowout | Tagged , , , , , , , , , , , , , , , , , , , , | 20 Comments

Blowout week 23 – bumper issue

In this bumper Blowout with 36 articles the main theme (if there is one) is Europe backtracking on failed policies and pursuing the America fracking dream while America decides to throw itself off the European energy cliff into the abyss of low carbon high cost electricity generation. Continue reading

Posted in Blowout | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

What is the real cost of shale gas?

In this second part of three in this mini series on “Shale gas myths and realities” I want to address one of the central questions surrounding this new bounty and that is whether or not shale gas is cheap or expensive? What is the real cost of shale gas? “Some wells are profitable at $2.65 per thousand cubic feet, others need $8.10…the median is $4.85,” attributed to Ken Medlock, Senior Director of Rice University’s Baker Institute Center for Energy Studies. Continue reading

Posted in Energy | Tagged , , , , | 15 Comments