Until recently, the US Department of Energy (DOE) was planning to raise the minimum efficiency rating of natural gas furnaces from 80% to 90% in the 30 northernmost states (the other states are set to have increase in air conditioner efficiencies mandated). This would increase the cost of furnace installations substantially. However, the DOE argued that the […]
Natural Gas Import in India The demand for energy is ever-growing and the rising price of crude oil has been a cause for global concern. Over the price race of crude oil and insufficient production, natural gas seems to be a rescue product. Around 21% of global energy needs is currently served by gas. Though […]
Use of Natural Gas Massive discoveries of natural gas reserves in shale gas formations has meant that the prices in USA have gone down substantially and new power plants/ infrastructure are being developed to use natural gas as fuel. Even as crude oil and coal prices have gone through the roof, natural gas prices have dived. […]
Natural Gas New technology for drilling Natural Gas in Shale Formations in America has brought a paradigm change in the Energy Market at least in North America. The price of natural gas has fallen precipitously even as its price proxy Crude Oil continues to remain in 3 digits.While there are a number of skeptics about […]
While Shale Gas extraction continues unabated in the USA leading to a massive oversupply and a price crash in natural gas, the environmental dangers continue to be overlooked. Note a number of investigations have been launched by EPA and others into the potential dangers of Shale Gas. The process of Hydraulic Fracking which involves pushing […]
US Coal Companies are being forced to close coal mines and reduce production because of a massive glut of cheap natural gas and emission standards . Note Coal Disadvantages are much more than that of other fossil fuels making it the dirtiest form of energy. While India and China face massive coal shortages , USA on the other hand faces a glut . Coal has been coming under increasing attact in the West with few new thermal plants being opened and many closed due to tougher pollution standards. Note Clean Coal Technolgies and CCS is being promoted to prolong the use of Coal but they are not getting much traction.