Chris Wright is the CEO of Liberty Oilfield Services, which recently became the second largest US company performing the work of drilling and completing oil and gas wells in shale formations. He is a leader in the field of hydraulic fracturing and horizontal well drilling, having been involved in the revolutionary technology development since the…
Fred Krupp, the president of the Environmental Defense Fund (EDF), published a commentary in the Wall Street Journal titled How Local Utilities Gamed the Natural Gas Market. The article subtitle briefly explains his theory – They booked large orders and then cancelled at the last minute, which pushed electric prices up by 20%. Krupp’s commentary…
During his successful campaign to become South Korea’s president, Moon Jae-in promised to dramatically increase South Korea’s natural gas consumption. Within weeks of taking office, he took several concrete steps towards fulfilling that promise. He announced the near-term closure of 10 coal plants, he allowed the operating license to expire as scheduled for South Korea’s…
“Don’t wait for a serious crisis to occur. Create one that can be more carefully controlled to your advantage.” Credit: Fictional natural gas futures trader whose last name might be Dulles or Bundy One of my favorite sources for natural gas industry news and opinions is RBN Energy LLC. Their blog is near the top…
Nuclear energy in the Republic of Korea is being threatened as a result of the May 9 presidential election of Moon Jae-in. Since at least 2012, when he suffered a narrow election defeat, Moon has advocated a halt to nuclear plant construction, prohibiting license extensions and achieving a “nuclear zero” policy by 2060. With the…
Loyal Atomic Insights readers might wonder why it’s been more than a week since I last wrote a post here. Those who follow @atomicrod on Twitter might have noticed a few hints about what I’ve been busily doing for the last ten days or so. It seems likely to me that Thomas Gold, Dimitri Mendeleev,…
Some people who are not well versed in human history believe that fossil fuels are inherently evil, costly and harmful to human health. They ignore the side of the accounting ledger that documents the incredibly beneficial effects concentrated fuels have provided to overall human freedom, happiness, self actualization and reduction of dependence on nature. Those…
The following article dovetails nicely as support for several articles that are in the queue. Those articles will describe a global case of ill-advised groupthink about a future energy supply system consisting of unreliable wind and solar power generation. My interpretation is that the “100% renewables” goal is a seductive mirage that has been carefully…
By Michael Bielawski When Vermont Yankee closed at the end of 2014, it was largely with the understanding that renewable energy sources were going to take its place. According to data supplied by regional grid operator ISO New England, such has not been the case. Over the past two years, about 5 percent of New…
Naomi Oreskes is the Professor of the History of Science and Affiliated Professor of Earth and Planetary Sciences at Harvard University. She is also the author of the December 16, 2015 opinion piece published in the Guardian titled There is a new form of climate denialism to look out for – so don’t celebrate yet….
Earlier today, I found a link in one of my news feeds to a December 14, 2015 MarketPlace story titled A Natural Gas Leak With Seemingly No End. It describes an event near a community called Porter Ranch in Los Angeles county, California that has been in progress since October 23, 2015. Here is the…
Tatra Summit is an initiative of the Center for European Affairs (CEA), begun with the immodest goal of shaping the future of Europe. Launched in 2013, it periodically brings together a diverse group of leaders to discuss important European topics. There is a meeting happening now during the period of November 4-6, 2015. This morning,…