Shale gas reserves around the world are distributed much more evenly than oil deposits. In fact, the most notable thing about shale reserves is that they are plentiful in the two biggest […]
Shale Gas May Upset the World Order
2012 Brief: Average wholesale natural gas prices fell 31% in 2012
Average wholesale (spot) prices for natural gas fell significantly throughout the United States in 2012 compared to 2011. The average wholesale price for natural gas at Henry Hub in Erath, Louisiana, a […]
Hobbled on Energy, India Ponders a Multitude of Dams
As we noted here last week, over 600 million people lost power in India last summer, setting a modern record for the number of people affected by a blackout. Well before that, […]
Driven by Oil Shale Economics, Natural Gas Prices Primed for Slow and Steady Rise
Much has been written about the Marcellus shales, the largest shale gas field in the US. The rapid drilling program has been responsible for a supply glut, which drove spot prices down […]
Renewables Account for 46% New US Electrical Generating Capacity Since January
The latest “Energy Infrastructure Update” report from the Federal Energy Regulatory Commission’s Office of Energy Projects states that renewable energy sources (i.e., biomass, geothermal, solar, water, wind) accounted for 41.14% of new […]
LNG and Gas Exports
Natural gas exports? What seemed impossible a mere five years ago is becoming a reality. The shale gas revolution has blessed us with burgeoning domestic supply and historically low prices for gas […]
Outlook for Offshore Wind: Dark and Stormy
A new worldwide survey of offshore wind installations takes a look at why it might be slow going in the United States, which still doesn’t have any. Navigant Consulting, reviewing conditions at […]
Big Coal in big trouble as coal production costs rise
What is driving the decline of the U.S. coal industry? Most of the blame has gone either to Obama’s “war on coal” (EPA regulations) or to cheap natural gas. But there’s a […]
Fighting the ‘Resource Curse’
About a year ago, in the aftermath of the revolution that drove Muammar el-Qaddafi from power in Libya, journalists crowded into a press conference called by the transitional government’s Oil Ministry. Among […]
The Global Race For Fusion Power
Power plants based around nuclear fusion are clean, economical to operate and can provide virtually limitless amounts of power. They are also still maddeningly non-existent, but that may change in a few […]
Prometheus Institute 