This Year in Gas
In April, we returned to the theme in a piece titled “Generational Arbitrage.” As the name implies, a historic price disparity had broken out between the two fuels in North America. This was driven by global oil prices being held artificially high by the Organization of the Petroleum Exporting Countries (OPEC) and the fact that marginal oil product
... See moreDoomberg • This Year in Gas
“ On the winning side of the ledger sit producers of stranded natural gas in areas like the Permian Basin, where the fuel has sold for negative prices for much of 2024. A wave of distributed power plants constructed next to the cheapest natural gas in the world seems inevitable. In its earnings call two weeks ago, Diamondback Energy put out the wor
... See moreDoomberg • This Year in Gas
speed truly is of the essence in the AI race—and few would deny that it is—natural gas is by far the best solution… Will natural gas be the bridging fuel that carries the AI boom along until a full nuclear renaissance can be realized? All the signs are there. At an exponential rate that would surely make Kurzweil smile, the molecule might flip fro
... See moreDoomberg • This Year in Gas
“ The province of Alberta, home to the world’s third-largest crude reserves, is making a push to become a hub for artificial intelligence data centres and sees the potential to attract $100 billion in investments.
The government is planning to introduce legislation, make regulatory changes and roll out new services to encourage technology companie
... See moreDoomberg • This Year in Gas
wars in the Middle East, and this-time-we-really-mean-it producer discipline, the world exits 2024 with oil down for the year and clinging to the bottom of its heavily-managed range. As measured in ounces of gold, the stuff has basically never been cheaper. We turn to China for a key reason why:
... See more“ Trucking fleets in China are embracing cleaner-burni