It will take more than an extra sweater to stay warm this winter; anyone heating with natural gas will require extra money to burn the furnace. Natural gas is sharply higher than it was last year. This week, natural gas was $8.20 an mcf—the volume of 1,000 cubic feet. This is the price paid to…
Heating Your Home Will Hurt This Winter as Natural Gas Prices Climb
From the C-Suites to the Media, When It Comes to Energy, We Need More Balance, Less Fear
Commentary IMPERIAL, Pennsylvania—In the last 22 years, protecting and caring for the planet has gone from a “we’re all in this together” part of our culture to a political wedge issue. And it isn’t just your average pedestrian wedge issue that surges and wanes with each election cycle. No, this one is volatile, vengeful, and…
Russia Cuts Gas Flows by 80 Percent as Europe Issues Savings Plea
Natural gas prices in Europe stabilized on Thursday after a volatile week in which Russia cut gas flows via the Nord Stream 1 pipeline by 80 percent, causing an energy crisis for the bloc ahead of the cold winter season. Dutch wholesale gas futures, the European benchmark, settled at 198.93 euros per megawatt-hour in Amsterdam on…
Europe Is a Mess—and It Will Affect the United States
Commentary NEW YORK—I can’t recollect in my adult lifetime of 40 years when so many crises are hitting Europe in so many different countries simultaneously while so many governments there are in disarray. Brexit was significant, but it was a singular phenomenon. This concatenation of troubles in Europe risks serious economic and geopolitical consequences not only…
Ontario Wrestles With How to Meet Future Energy Needs
Ontario is torn between meeting the provincial demand for electricity and a desire to wean itself from fossil fuels. The province’s Crown corporation responsible for the operation of the electrical system has said more natural gas plants will be needed to bridge the gap during the transition, and that phasing out fossil fuels by 2030 would…
US Solar Prices Soared Over 8 Percent in 2nd Quarter: Report
U.S. solar energy prices rose 8.1 percent in the second quarter as projects were stalled by a Commerce Department investigation into tariffs on products from Southeast Asia and soaring input costs, according to a report published late on Wednesday. The increase during the period contributed to a whopping 29.7 percent rise in the combined price…
America’s Energy Independence
Commentary The United States is a big country with lots and lots of natural resources, but our energy independence is complicated. For instance, with oil, it was a much different story 140 years ago. Official numbers vary, but in 1880 the United States was responsible for 85–95 percent of world oil production and refining. John…
In Blow for Green Hardliners, Vote Allows Natural Gas and Nuclear Into Key EU Taxonomy
Members of European Parliament (MEPs) voted on July 6 not to reject adding nuclear and natural gas activities to the European Union taxonomy for sustainable investments. Opponents of the change had to secure an absolute majority of the 705-member European Parliament, or 353 MEPs. Just 328 MEPs voted against the European Commission Act, which would…
Power to the People—Even If It Comes From Coal
Commentary Despite its name, the Democratic Party has no time for democracy. Public opinion and democracy be damned, especially when it comes to battling climate change. On June 30, the Supreme Court struck down an Environmental Protection Agency (EPA) plan compelling states to shutter coal-fired power plants and shift to low-carbon alternatives such as natural…
Biden’s Green New Deal Is Increasing Greenhouse Gases
News analysis Here’s an amazing but true statistic. After more than a decade of declining carbon emissions here in the United States, in 2021, President Joe Biden’s first year in office, emissions rose. In other words, not only have Biden’s energy policies been a disaster for our economy and national security as we have become…
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