Shale gas drives oil / gas spread to a new record

On December 14, 2011, in Blog, by Mark Henwood

On January 13, 1994 the ratio(*) of the price of oil to the price of natural gas was 1.14.   Today it hit a record high over this period of 5.26.   Gas traded at $3.28 today, just 21% of the $15.38 / mmBtu it traded for on December 13, 2005.   Shale gas is providing gas in […]

Sometimes Small Things Are A Big Deal

On August 1, 2011, in Blog, by Richard T. Stuebi

Gas-fired combined cycle powerplants have been around for decades.  In fact, they were almost ubiquitous in the 1990s, sprouting up across America like weeds.  The only reason they lost favor in the early 2000s is that, because so many were built, natural gas prices spiked from about $2/mmBtu to over $10/mmBtu, making the variable cost of […]

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