Natural Gas

IEEFA Research

IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

IEEFA Update: As Australia Fights a Domestic Gas Shortage, New Export Plants Are at Risk of Closure

‘Fiddling Around and Allowing the Cartels to Fleece Consumers’

nJune 5, 2017 (IEEFA.org) – The Institute for Energy Economics and Financial Analysis today published a report detailing how a complex of expensive new liquefied natural gas plants on the east coast of Australia are struggling to stay open in the face of a global gas glut. The report—“Australia’s Export LNG Plants at Gladstone: The […]

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 […]

November 16, 2016 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 […]

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →

More News and Commentary

Australia Natural Gas Export Overbuild Is Collapsing

The Guardian: Australia’s natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value. Santos wiped more than $1bn off the value of its liquefied natural gas plant in Queensland on Tuesday, just a week after Origin announced a similar devaluation. The devaluations were predicted […]

August 15, 2017 Read More →

Microcosm of Fast-Changing Electricity-Generation Industry: New Mexico

Farmington (N.M.) Daily Times: San Juan County faces job losses and reduced revenue from taxes as the electric utility industry changes.  These effects will be spurred by closures of two coal-fired generating stations in San Juan County. Utilities across the country are increasing their reliance on renewable energy and moving away from coal. This spring, […]

July 31, 2017 Read More →

U.S. Rail Exec: ‘Fossil Fuels Are Dead’

Huffington Post: The CEO of freight railroad CSX Corp., one of the largest U.S. haulers of coal, warns that the days of transporting and burning coal are numbered. “Fossil fuels are dead,” Hunter Harrison told analysts Wednesday, according to media reports. “That’s a long-term view. It’s not going to happen overnight. It’s not going to […]

July 20, 2017 Read More →

U.S. Natural Gas Pipeline Boom Triggers a Landowner Backlash

NPR: Some scientists warn that the rush to more fully tap the rich Marcellus and Utica shales is bad for a dangerously warming planet, extending the country’s fossil-fuel habit by half a century. Industry consultants say there isn’t even enough demand in the United States for all the gas that would come from this boost […]

July 18, 2017 Read More →

Steep Losses for Prominent Institutional Investors in Collapse of $2 Billion Oil and Gas Fund

Wall Street Journal: A $2 billion private-equity fund that borrowed heavily to buy oil and gas wells before energy prices plunged is now worth essentially nothing, an unusual debacle that is wiping out investments by major pensions, endowments and charitable foundations. EnerVest Ltd., a Houston private-equity firm that focuses on energy investments, manages the fund. […]

July 17, 2017 Read More →

‘Markets Will Dwarf Policy’ for Exporting U.S. Oil and Gas to Europe

Georgi Kantchev and Lynn Cook in the Wall Street Journal: President Donald Trump is touting his policies to boost energy production and exports as a bulwark against Russia. But some industry observers say the U.S. shale boom—which reshaped world markets for crude oil and natural gas before Mr. Trump took office—has only limited impact on Russia’s […]

July 14, 2017 Read More →

Podcast: High Gas Prices Are Driving Up Australia’s Electricity Rates

2GB Radio, Sydney:   Bruce Robertson, an energy analyst with the Institute for Energy Economics and Financial Analysis talks to Michael McLaren for Josh Frydenberg’s call for Victoria and the Northern Territory to lift their gas exploration ban. Download the podcast:  Lift the Gas Ban in Victoria and Northern Territory

July 13, 2017 Read More →

Wall Street Investors Are ‘Enabling’ Crude Oil Glut

Bradley Olson and Alison Sider in the Wall Street Journal: Easy Wall Street cash is leading U.S. shale companies to expand drilling, even as most lose money on every barrel of oil they bring to the surface. Despite a 17% plunge in prices since April, drillers are on pace to break the all-time U.S. oil production […]

July 10, 2017 Read More →

‘Gas Cartel’ Driving Gas Prices Up; Gouging Australian Public

Charis Chang for news.com.au: A cartel has gained control of Australia’s gas and is killing the economy, pushing prices up and sending businesses broke, one expert says. Australians are grappling with huge increases in electricity and gas bills, with one recycling business saying his electricity bill had increased from about $80,000 to $180,000 a month. […]

July 6, 2017 Read More →

‘Solar Power Will Kill Coal Faster Than You Think’

Bloomberg News: Solar power, once so costly it only made economic sense in spaceships, is becoming cheap enough that it will push coal and even natural-gas plants out of business faster than previously forecast. That’s the conclusion of a Bloomberg New Energy Finance outlook for how fuel and electricity markets will evolve by 2040. The […]

June 16, 2017 Read More →