Natural Gas

IEEFA Research

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

Read More →
IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

Read More →

More News and Commentary

Goldman Sachs: Trump’s Border-Tax Plan Would Give Natural Gas Further Advantages Over Coal

Dan Murtaugh for Bloomberg News: The impact of a border tax plan would more immediately be felt on coal prices, where a higher portion of production costs are in local currencies. The wild card there, Goldman said, would be China, the world’s largest coal producer. Goldman expects China will let its currency depreciate to make […]

Read More →

New U.S. Bills to Loosen Regulation of Fossil-Fuel Companies

Amy Harder and Dave Michaels for the Wall Street Journal: One measure repeals a Securities and Exchange Commission rule, completed in June, which requires energy companies to report payments to foreign governments for the right to develop oil, natural gas and mineral assets. The other measure repeals an Interior Department rule, finished in December, which […]

Read More →

High-Cost Narrabri Gas of No Value to Santos or Consumers

Australian Project Unlikely to Reach Commercialization

Feb. 2, 2017 — Santos’ Narrabri CSG project, which lodged its Environmental Impact Study (EIS) this week, remains unlikely to ever reach commercialization, according to the Institute for Energy Economics and Financial Analysis (IEEFA). “The project has been a massive loss-making investment for both Santos and its original partner TRUenergy,” said IEEFA analyst Bruce Robertson. “After […]

Read More →

The 21st Century Is Conspiring Against Old Energy Companies Like Exxon

Steve LeVine for Quartz: Never mind possible disruptions from a change in social tastes. Exxon is doubling down on tradition, with a zeal that harkens back to a time when oil was the undisputed commodity of the moment and the future. Yet, notwithstanding these blockbuster discoveries, Exxon has been struggling. The strains include the most […]

Read More →

More Tensions Over U.S. Pipelines

Will Connors for the Wall Street Journal: Protesters opposed to the Dakota Access Pipeline are gearing up for a new round of clashes after the inauguration of President Donald Trump. So are oil companies—and the private security firms they have hired to police the protests. Several hundred additional protesters arrived at the main protest campsite […]

Read More →

U.S. Mountain States Are Shifting from Coal to Gas and Renewables

Tom DiChristopher for CNBC: The U.S. Mountain States are moving away from coal, even as President-elect Donald Trump vows to revive the embattled industry. Western states — a stronghold for coal consumption — are increasingly using natural gas and renewable energy for their electricity. The switch puts pressure on miners in Wyoming, the country’s biggest […]

Read More →

Coal, Oil and Gas Industries See an Ally in Pick to Lead Interior Department

Christopher Coats and Molly Christian for SNL: Rep. Ryan Zinke, President-elect Donald Trump’s choice to head the U.S. Department of the Interior, would provide energy producers with an ally and leaves environmental advocates wary about the future of production on federal land. Zinke, R-Mont., is likely to try to reverse Obama administration Interior policies often […]

Read More →

Oil, Gas and Coal Industries Consolidate Power in Washington

Juliet Eilperin, Steven Mufson and Philip Rucker for the Washington Post: The oil, gas and coal industries are amassing power throughout Washington — from Foggy Bottom, where ExxonMobil chief executive Rex Tillerson is Trump’s nominee to be secretary of state, to domestic regulatory agencies including the departments of Energy and Interior as well as the […]

Read More →

New Cabinet Choices Suggest an Inclination Against Coal

Curtis Tate for McClatchy DC: Key Cabinet choices by President-elect Donald Trump strongly favor natural gas, potentially undermining a campaign promise that helped Trump win big in coal country. Trump’s selection of Oklahoma Attorney General Scott Pruitt to lead the Environmental Protection Agency, ExxonMobil CEO Rex Tillerson to be secretary of state, and former Texas […]

Read More →

A U.S. Energy Industry Stalwart Moves Past Coal

Ryan Dezember, Timothy Puko and John W. Miller for the Wall Street Journal: On the campaign trail Donald Trump promised “coal is coming back,” and the president-elect vowed to roll back environmental regulations he blames for hamstringing miners. But the experience of Consol Energy Inc. suggests some businesses have already made up their mind about […]

Read More →