Even with the Biden administration’s call for the power sector to decarbonize, many Southeastern utilities plan to add large amounts of natural gas to their grids, a move they say is necessary to support renewable projects in the queue. The plans illustrate the challenge facing some U.S. regions as they aim to decarbonize: How can utilities move away from fossil fuels when they say natural gas is needed to back up renewables? Can gas lower emissions in the long run? Is it true that policies such as cancellation of the…
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Gas Prices will Tumble Below $3 a Gallon Soon, Government Forecasts
Prices at the pump have finally started to creep lower, and that trend should significantly accelerate in the coming months, according to new government forecasts.The US Energy Information Administration said Tuesday the national average for regular gasoline will probably drop to $3.01 a gallon in January. For 2022, gas prices are expected to average $2.88.That call is based on projections by the EIA for global oil production to increase more quickly than demand next year — especially given the emergence of the Omicron variant. This would be a reversal of the past 18…
Read MoreAcute Gas Shortage Hits City
As the mercury level dropped, complaints of gas shortage are on the rise in the provincial capital and other parts of Punjab. The Sui Northern Gas Pipelines Ltd (SNGPL) has already suspended gas supply to compressed natural gas (CNG) stations across Punjab and Khyber-Pakhtunkhwa (KP). Speaking to The Express Tribune on Tuesday, various citizens complained about low gas pressure or no gas at all in China Scheme, Township, Green Town, Johar Town and other congested areas. Residents of Ghoray Shah also stage protest against the non-availability of gas supply and chanted slogans against the gas utility…
Read MoreLandfill waste turned into commercial-grade petrol, diesel in CQUniversity project
Waste is piling up in Australian landfills at an exponential pace and “costing the economy and environment billions”, according to a CQUniversity researcher, but he believes he may have found a solution. Postdoctoral research fellow Mohammed Jahirul Islam has completed pilot testing for a method that turns polystyrene, tyres, particle board, agriculture waste, other used plastics, and solid waste into commercial-grade petrol and diesel fuel. “We can use this very low-grade solid waste that cannot be used in any other types of recycling [and] convert it into a useful product,”…
Read MoreAsian LNG prices fall as import demand from China muted
Asia liquefied natural gas (LNG) prices fell this week as spot demand from China remained muted despite the start of winter and as natural gas supplies from Russia continued to flow steadily to Germany. But the drop in prices was kept in check by outages in Australia which curbed cargo loadings, trade sources said. The average LNG price for January delivery into Northeast Asia fell to $34.60 per metric million British thermal units (mmBtu), down $1.50, they said. Chinese LNG buyers are pulling back on spot purchases of the super-chilled…
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