Strategic investment into Ukraine’s energy industry, including its low-carbon gas generation and transportation system would not only have narrowly geoeconomic, but also wider geopolitical implications. Assistance to Ukraine would help Kyiv contain the Kremlin’s ongoing attempts to unleash further socioeconomic instability in Ukraine.
If natural gas is so cheap right now, limping along between $2.50 and $5.50 per thousand cubic feet, why did Exxon pay the equivalent of $41 billion for natural gas giant XTO Energy? There is a global glut of natural gas, which won’t be disappearing any time soon. I can think of a couple reasons. […]
Overview 2009 was all about China. Early in the year, when energy prices crashed due to disappearing demand, oil sank to slightly more than $30 barrel from its mid-2008 high of $147 and natural gas from $14 to around $3 per thousand cubic feet. China, flush with cash, for all practical purposes stabilized the market […]
The International Energy Agency is out with its 2009 World Energy Outlook. Some of the revelations presented at the Council on Foreign Relations in New York on Monday were hardly startling: energy demand and investment down due to global recession, but demand expected to return and grow, China using more energy, etc. But a couple […]
There is a potentially dramatic change in the location and availability of natural gas globally. If all comes to pass as predicted, it would alter the geopolitical power of some countries like Russia, while lessening American, and possibly Chinese, Indian, and European, dependence on foreign oil and gas. Unlike normal natural gas, which is often found […]