daily gaz de schiste
Nominally a story about opposition to shale gas development, but what I take from it is that Quebec may also be a big future producer of shale gas... and they are located not so far away. From Toronto see: Not everyone agrees shale's a plus
The development of ever more gas is curious because as the FT points out, the price keeps dropping: Warm weather keeps natural gas prices low
WSJ hints at the end of the speculation: Reliance To Digest US Shale Gas Assets Before Buying More -Source
although both China and Norway have made big shale gas investments of late. Not necessarily here, but in Texas. From Marketwatch: Cnooc, Statoil wade into Eagle Ford shale
The Inky has what is the most interesting story of the day for your inner social scientist: On Pa. natural gas tax, different polls yield different results
The development of ever more gas is curious because as the FT points out, the price keeps dropping: Warm weather keeps natural gas prices low
WSJ hints at the end of the speculation: Reliance To Digest US Shale Gas Assets Before Buying More -Source
although both China and Norway have made big shale gas investments of late. Not necessarily here, but in Texas. From Marketwatch: Cnooc, Statoil wade into Eagle Ford shale
The Inky has what is the most interesting story of the day for your inner social scientist: On Pa. natural gas tax, different polls yield different results
posted by C. Briem at Tuesday, October 12, 2010
4 Comments:
http://www.cbs59.com/story.cfm?func=viewstory&storyid=77682
Did you miss this, or leave me to find it? Probably better relation to your previous post, but I cant keep up most weeks.
demerits for lack of attendance.
but the point is good. If there is a point where cheaper energy impacts an industrial sector it will most likely be in chemical manufacturing because it is
so energy intensive.
Plastics??
A company in Quebec is using is method of fracing that doesn't use any water. It uses a specialized LNG, eliminating frac water, frac ponds, flaring, and many of the most controversial problems. And they say it is cheaper.
Gasfrac Energy
And that is the Utica Shale layer they are fracing in Quebec. And the Utica is very thick in Quebec (up to 800ft) and I believe it is shallower.
Yep, cheap energy plus cheap NGLs would seem to be perfect for chemical companies. I guess the question is whether it would nonetheless be cheaper for incumbents to transport energy and NGLs to their existing operations, or rather to relocate operations to reduce transport costs. And it seems to me that over time the balance will inevitable shift to relocation, even if transport is currently cheaper in many or most cases.
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