Well, I suppose, on the upside, GE will be adding to our exports.
http://www.forbes.com/sites/danielfisher/2011/09/01/frack-gas-not-l...
That isn’t going to happen, the authors conclude, for a variety of reasons. First, pipelines would have to be expanded by a third just to move an additional 10tcf of gas to power plants. There’s also no economic evidence to support wholesale fuel-shifting when gas prices drop relative to coal. A 1973 to 2007 study by EIA, World Bank and University of Calgary showed cross-elasticity of coal to gas of 0.064, meaning gas use in electricity increases 0.6% for every 10% decrease in gas prices relative to coal.
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Permalink Reply by dbob on Sesport I don't think this study gets it:
The fuel shift will occur more due to changes in environmental regulation, the age of coal fired power plants, and need to provide flexible/scalable base load to balance wind and other renewables. Its juts bonus that the price of gas is getting lower now.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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