natural gas

Oil and Gas Training Week in Houston- July 24-27, 2017

Natural gas pipeline

Russo on Energy has you covered with four excellent courses. Whether your are brand new to the oil and gas industry, into permitting, need a refresher or a more detailed understanding of physical and financial natural gas markets. These courses can be taught in house at your organization or in the Washington DC metropolitan area. You can also attend a class offered by EUCI where we teach the following courses. [node:read-more:link]

Why the Oil and Natural Gas Shale Revolution is so Resilient

Someone asked me why the North American Oil and Shale Gas Revolution didn't stall given declining oil and natural gas prices. What came to emy mind was resilency and seven other factors which taken together can explain why OPEC and Russia did not get their wish.

The most important factor is that Oil and Natural Gas can't just be looked at as a single commodity. The fact is, depending on where you drill a hole in North America's onshore shale basins, you will probably get oil and associated natural gas, natural gas and natura gas liquids (NGLs) or just natural gas. So a producer can rely on multiple revenue streams from all or a combination of these commodities or a portfolio of assets. Fortunately, each commodity's price is different and not exactly related. It also helps to have th infrastructure to process and refine these commodities and move them to markets in North America and abroad.  [node:read-more:link]

2 Energy Books to Read This Summer

Several friends and colleagues recently asked me for suggestions on what energy books to read this summer. They were planning vacations at the beach, the mountains and a few were venturing overseas. Two books came to mind that I thought would fascinate them and at the same time give them an edge in engaging new friends who always seem to want to discuss U.S. energy policy and environmental matters. Should you read both books? Given that the power sector is becoming a large consumer of gas it would be wise to read The Green and the Black first and then follow it with The Domino Effect. Reading both books is like eating "Mac and Cheeze." They are an unbeatable combination.  [node:read-more:link]

Natural Gas Infrastructure & Markets Training- Baltimore MD, Sept 29-30, 2016

Introduction to the Natural Gas Industry, Infrastructure and Regulations and 
Natural Gas Physical & Financial Markets Courses

September 29-30, 2016 :: Baltimore, MD 

 As the speaker of EUCI's upcoming Introduction to the Natural Gas Industry, Infrastructure and Regulations and Natural Gas Physical & Financial Markets courses, I would like to personally invite you and your colleagues to attend.  [node:read-more:link]

Oil's Critical Role in Electricity Markets During Cold Winters

Winter Storm Jonas brings 20 inches of snow

I know that declining oil prices are in the news. However, the one bright spot is oil's role in electricity markets, especially during winter. Here’s a short summary of work that Devin Hartman [now the Electricity Policy Manager at the R Street Institute] and I did previously when we were trying to determine dual-fuel oil fired power generation’s role in ensuring the electric reliability in organized electricity markets.  [node:read-more:link]

Why I'm Bullish on Natural Gas

Smog in Tehran Iran

Most politicians, energy experts and consumers cite the abundant supply and low price of natural gas realized by the U.S. Shale Gas Revolution as reason to celebrate. However, natural gas producers, investors, and speculators who have bet on higher prices still continue to “sing the blues.” Despite recent NYMEX natural gas futures prices hovering around $2.05/MMBtu and lower physical natural gas prices, I am very bullish on natural gas for a variety of reasons. In fact, I believe that three times the current price is a bargain for the benefits that the fuel provides. 

Recent events in the Chinese stock market and the steep decline in crude oil prices are wreaking havoc on global economies and reducing revenues to OPEC producing countries, respectively.  However, when things are not going well economically, it forces national and local governments to rethink their energy policies and the fuels they rely on to heat and cool homes and businesses, produce electricity, and transport people and goods. It is indeed a time when fuels traditionally used in a country are vulnerable to new thinking that puts a premium on human health and environmental issues.

Fortunately, abundant and inexpensive U.S. shale gas and LNG Exports from the U.S. to Europe, Asia and South America will provide more economic options to national and local governments that want to begin attacking chronic air pollution problems in their large urban centers. As natural gas takes center stage as a solution to chronic air pollution, demand for the fuel will increase and so will prices. Let me explain. [node:read-more:link]

Natural Gas Pipelines face modernization- Are Oil Pipelines Next?

Federal regulators at the Federal Energy Regulatory Commisson issued proposed regulations that would help to modernize the interstate natural gas pipelines in the U.S. Rumor has it that the Department of Energy pressured FERC to do so in an effort to reduce natural gas (methane) leaks from aging pipelines. Methane is a green house gas that makes significant contributions to global warming. [node:read-more:link]


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