Given gasoline prices are getting close to record highs while natural gas prices plunder to further new 10-year lows, natural gas vehicles (NGVs) are not surprisingly receiving a lot of attention in the media at the moment. Both General Motors and Chrysler have recently announced plans to sell pick-up trucks that can run on compressed natural gas (CNG), while Chesapeake Energy and General Electric are collaborating to develop natural gas infrastructure through developing 250 new filling stations. » read more
Posts Tagged ‘Natural Gas’
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Mar 30 2012 @ 7:17am by Matt Smith in Natural Gas, Technology
What Is Holding Back LNG Vehicles In The US?
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Mar 16 2012 @ 10:52am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas
Burrito bites
Top of the morning (…afternoon or evening) to you! As the shot clock of the working week ticks down, it has been another typical week for natural gas – warmer weather (= weak demand) and strong supply pressuring it to a new 10-year low. As for crude, all has been quiet on the Iranian front, leaving prices to trade broadly sideways as economic data has been supportive for the most part, while subdued demand in the US provides little reason for a rally. As time allows, let’s hit the chow: » read more
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Mar 15 2012 @ 10:34am by Matt Smith in Crude Oil, Global Energy, Natural Gas
March Madness Medley
Given my blatant lack of heritage, it gives me an excuse (as if I needed one) to look into both the nerdier side of March madness, and its obvious parallels with energy. So here is a random collection of definitions, divergences, and distinctions about current spring insanity: » read more
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Feb 10 2012 @ 10:58am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, Random
Burrito bites
Friday = happy, happy! ( joy, joy!). Another week passes us by like a pooh stick in time, leaving natural gas to be supported by production cut threats (n.b. boy / wolf / crying ), while Brent crude has ripped to a six-month high on optimism of a happy ending to the Greek tragedy (err, hello?) before retracing with reality. Meanwhile, US-based WTI crude prices cannot swing back above the monkey bar of triple digits given woeful US demand. But it’s no time to brood, let’s hit up the food: » read more
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Jan 20 2012 @ 10:53am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, UK natural gas
Burrito Bites
Good day, good day! Crude has toppled below the monkey bar of $100 late on this week as – would you believe - Euro debt concerns arise once more. In addition, crude has been clobbered by a disheartening domestic demand situation. Total product demand is down 7.2% on this time last year, while gasoline demand has just plummeted to its lowest level since 2001. And while on the subject of plummeting to new lows, the good ship natty has keeled over and made a decade low as supply remains staunch and the storage surplus swells (…while weather is set to swelter). Ay, there’s the rub, and here’s the grub. » read more
