September 11, 2017 – E&E News
Will Trump's tough trade talk sabotage his energy goals?
By Peter Behr
As a candidate, Donald Trump did not try to link his campaign battle cries together, except as pieces of an "America First" doctrine.
It was: Build the wall and make Mexico pay.
Rewrite the North American Free Trade Agreement on U.S. terms.
Save coal and "my coal miners."
Make American energy dominant.
But the links are being forged now in ways that President Trump has not sought, creating an energy policy in conflict with itself, according to Trump critics.
The renegotiation of NAFTA is one forge. The glut of U.S. natural gas production is another, according to panelists at an Atlantic Council conference last week...
Read the full article here: https://www.eenews.net/stories/1060060243
… Starting with the opening last month of the Rover pipeline in Ohio, new pipeline connections are about to open up that will dramatically increase delivery capacity of natural gas from the Marcellus and Utica fracking formations, a detailed analysis last month by Jim Simpson of RBN Energy LLC spelled out.
Northeast gas producers say they expected a mammoth growth of 14.5 billion cubic feet per day by the end of 2019. Add potential jumps in gas production from Texas, Kansas, Colorado and Wyoming, and the U.S. could face an excess of supply over demand of nearly 9 billion cubic feet a day, pushing gas prices down well below $3 per thousand cubic feet, Simpson said.
Prices that low for gas will punish coal-burning electricity generation, with more power production shifting to gas, Simpson noted — no gift to coal miners.
