The Congressional Budget Office is out with another fine infographic, this time on energy security. The entire infographic is too big to post here, but here’s how Andrew Stocking and Maureen Costantino portray America’s energy sources and uses: One of the most notable features is the absence of any link from natural gas to transportation [...]
Posts Tagged ‘Natural Gas’
Energy Security, the Infographic
Posted in Data, Energy, tagged Energy, Infographic, Natural Gas, Oil on May 11, 2012 | 6 Comments »
The Natural Gas Glut is Reshaping Electricity Markets
Posted in Energy, Environment, tagged Coal, Energy, Environment, Natural Gas, Nuclear, Wind on January 18, 2012 | Leave a Comment »
Over at Bloomberg, Julie Johnsson and Mark Chediak document how low natural gas prices are reshaping electricity markets. Wind, nuclear, and coal all look expensive compared to natural gas generation: With abundant new supplies of gas making it the cheapest option for new power generation, the largest U.S. wind-energy producer, NextEra Energy Inc. (NEE), has shelved [...]
Oil and Natural Gas Prices Move Even Further Apart
Posted in Energy, Environment, Microeconomics, tagged Energy, Natural Gas, Oil on January 9, 2012 | 3 Comments »
In 2010, I wrote a series of posts documenting how oil and natural prices had decoupled from each other (see here and here). For many years, oil prices (as measured in $ per barrel) were typically 6 to 12 times natural gas prices (as measured in $ per MMBtu). That ratio blew out to around [...]
Can Natural Gas Replace Oil for Diesel?
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on December 24, 2010 | 4 Comments »
In a series of posts (most recent here), I’ve noted that oil and natural gas prices have become unhinged from each other. Oil (denominated in $ per barrel) used to trade at 6 to 12 times the price of natural gas (denominated in $ per MMBtu). But lately that ratio has been north of 20, [...]
The New Normal in Oil and Natural Gas Prices
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on September 7, 2010 | 16 Comments »
In previous posts (most recent here), I noted that oil and natural gas prices have disconnected from their usual historical relationship. For many years, oil prices (as measured in $ per barrel) tended to be 6 to 12 times natural gas prices (as measured in $ per MMBtu). That ratio blew out to more than 20 [...]
Rethinking Oil and Natural Gas Prices
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on April 9, 2010 | 7 Comments »
My recent post about oil and natural gas prices elicited some very constructive responses from readers (thanks in particular to PJ, MF, and FW, in addition to public commenters on the post). As a result, I’ve rethought my discussion of the relationship between oil and natural gas prices. I was also inspired to look at [...]
Oil and Natural Gas Prices Disconnect Again
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on April 1, 2010 | 13 Comments »
Update (4/9/10): Please see my follow-up post as well. Last summer I noted that oil and natural gas prices had diverged to an unprecedented degree. I bravely predicted that this divergence would reverse (unbravely, I didn’t predict when). As the chart below shows, I was right: the price relationship did move sharply toward normal levels. [...]
Another Look at Oil and Natural Gas Prices
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on September 2, 2009 | 6 Comments »
A couple weeks ago, I discussed the remarkable divergence between the prices of oil and natural gas. At the time, the spot price of West Texas Intermediate was above $73 per barrel, while the spot price of natural gas at the Henry Hub was about $3 per MMBtu. The ratio of the two prices was [...]
The Disconnect Between Oil and Natural Gas Prices
Posted in Energy, Environment, tagged Energy, Natural Gas, Oil on August 21, 2009 | 12 Comments »
Yesterday marked a new record in the divergence between oil and natural gas prices. As noted in a small item in the Wall Street Journal, the ratio of oil prices ($ per barrel) to natural gas prices ($ per million BTU) hit a record 24.5 at yesterday’s close. As you can see from the following [...]


