[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '[')b]US, Russia Discussing Restoring Gas Flows To Europe As Key To Grand Ukraine Deal
That'll make the feckless Europeans sit up and take notice.

[theluckycountry]

US Natural Gas Production is Plummeting
$this->bbcode_second_pass_quote('', '
')Natural gas production is plummeting—a condition noted by almost no analysts. Between December 2023 and May 2024, U.S. dry gas supply has contracted by a notable 5 billion cubic feet per day—a nearly 5% reduction. On a year-over-year basis, the decline stands at 2.2 bcf/d. The drawdown is the sharpest since the shale revolution began, excluding the 2020 COVID year. Both shale and conventional production have taken a hit...

The Marcellus, the once-mighty giant, has seen its production fall by 1.1 bcf/d since December, while the Haynesville has shed 500 mmcf/d. The Permian Basin still stands as the lone growth exception, eking out a modest gain of 265 mmcf/d over the same period... While low prices have certainly dampened drilling activity—evidenced by the gas-directed rig count, which has fallen to 100 rigs from 166 in 2022 and 200 in 2019—price alone does not tell the full story. We posit that the shale gas basins are simply running out of high-quality drilling inventory. Our proprietary neural network, developed in 2018 to analyze shale trends, has long indicated that the Marcellus, Haynesville, and Permian were approaching peak production. Now, all three basins have produced 50% of their total recoverable reserves, a harbinger of imminent declines. Particularly in the Marcellus and Haynesville, the depletion of Tier 1 drilling locations combined with falling rig counts strongly suggests that production declines should accelerate.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')
US Natural Gas Production is Plummeting

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://aheadoftheherd.com/app/uploads/2021/01/aoth-logo-retina.png[/img]

US Natural Gas Production is Plummeting
$this->bbcode_second_pass_quote('', '
')Natural gas production is plummeting—a condition noted by almost no analysts. Between December 2023 and May 2024, U.S. dry gas supply has contracted by a notable 5 billion cubic feet per day—a nearly 5% reduction. On a year-over-year basis, the decline stands at 2.2 bcf/d. The drawdown is the sharpest since the shale revolution began, excluding the 2020 COVID year. Both shale and conventional production have taken a hit...

The Marcellus, the once-mighty giant, has seen its production fall by 1.1 bcf/d since December, while the Haynesville has shed 500 mmcf/d. The Permian Basin still stands as the lone growth exception, eking out a modest gain of 265 mmcf/d over the same period... While low prices have certainly dampened drilling activity—evidenced by the gas-directed rig count, which has fallen to 100 rigs from 166 in 2022 and 200 in 2019—price alone does not tell the full story. We posit that the shale gas basins are simply running out of high-quality drilling inventory. Our proprietary neural network, developed in 2018 to analyze shale trends, has long indicated that the Marcellus, Haynesville, and Permian were approaching peak production. Now, all three basins have produced 50% of their total recoverable reserves, a harbinger of imminent declines. Particularly in the Marcellus and Haynesville, the depletion of Tier 1 drilling locations combined with falling rig counts strongly suggests that production declines should accelerate.

[AdamB]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://aheadoftheherd.com/app/uploads/2021/01/aoth-logo-retina.png[/img]

[careinke]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://aheadoftheherd.com/app/uploads/2021/01/aoth-logo-retina.png[/img]

[AdamB]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('AdamB', '
')Hadn't heard of Brandon being a rascist. Is there a story behind that?

[theluckycountry]

Brrrr. It'll be like England soon, heat or eat. 200 years ago I guess it made sense to go up there into the mountains, there was abundant free wood and the land was dirt cheap. Then fossil fuels came along and everyone lost their minds, installed big gas furnaces and heated their driveways, life must go on just like in Summer hey. But no one was thinking ahead to the day when the Gas would become scarce. Well that day is upon us, and now changes must be made. But what change can you initiate? You can't go back to when a forest was out your back door. Moving out is the logical choice, leaving before house prices plummet in cold regions.



$this->bbcode_second_pass_quote('', '[')b]Seasons Impact Real Estate More Than You Think
in cities like Denver, the cold weather climate plays a part in the seasonality of the market by slowing down the typically brisk pace of home sales. It’s important to be able to identify the factors that influence your region so you can understand the impact of seasonality trends on the housing market

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')There is a direct correlation between number of deaths and mean Winter temperature.

[Tanada]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', '[')img]https://aheadoftheherd.com/app/uploads/2021/01/aoth-logo-retina.png[/img]

[Newfie]

Tanada,
I have not seen that action, which is not surprising as I haven’t had a TV in nearly 2 decades.

I have sort of followed Joe as he was a big Amtrak supporter and I once worked there and later they were a client.

Joe has always been a hoot, I used to joke I wanted him President because he would open his mouth and let the truth slip out.

There is a lot of irony around Joe.
He was picked as VP. My assessment is VP’s are selected to assure the #2 guy never looks better than the #1. So being VP was an honor and a step up, but it must have also been bitter fruit.

Then Obama picks Hillary over Joe. An obvious snub. And what Obama did to the D party was to usurp the primary selection process and appoint the D candidate.

Back to Joe, Obama then forces Joe onto the party by pushing out the other candidates. And I believe Barack pushed Harris on Joe. So here is Joe finally getting what he really wanted, but only from a Black man who snubbed him.

In the final irony Barack, the great man, either ignores the situation or screws it up royally. In either case Obama directly or indirectly is responsible for Trumps victory. Remember Trump had only a narrow win, the Electoral Collage aside, with 31% vs Harris at 30% with 36% being turned off by both candidates.

What the hell this has to do with with Natural Gas is any ones guess.

[theluckycountry]

The people focus all their attention on these lone men, ascribing all the changes in society to them simply because they went in front of a camera and claimed to be directing it. Then 90% of the promises fail and they leave office, never to be heard from again typically, never to be held accountable. It's as close to the old Roman Caesar model as you could get aside from the fact the men never die in office and are not to my mind responsible for the actions taken.

President Biden signed the historic and bipartisan CHIPS and Science Act into law investing nearly $53 billion in funding to bring semiconductor supply chains back to Amer...

Inflation Reduction Act
The law will raise $738 billion from tax reform and prescription drug reform to lower prices, as well as authorize $891 billion in total spending.

Smoke and mirrors. Telling people what they want to hear and delivering little. How much of that money was diverted to other uses I wonder... And how many of the current promises will be met with the Big Beautiful bill? One is assured, the raising of the debt ceiling and the spending of the 4 Trillion. Manufacturers will race back home because of tariffs? Not likely. Even with tariffs the profit manufacturing labor intensive is better OS. The corporations will just lose some of the profit they currently keep OS by selling the product through low tax havens.
$this->bbcode_second_pass_quote('', '
')Ikea's taxes scrutinised after €1bn underpayment claim
This article is more than 9 years old

Research accuses Ikea of structuring itself to dodge taxes between 2009 and 2014 by using onshore European tax havens. Research commissioned by the Green/EFA group in the European parliament claims to show that Ikea “structured itself to dodge €1bn in taxes...

[theluckycountry]

Chip Workers Are Likely to Quit Jobs, Worsening Labor Shortage
$this->bbcode_second_pass_quote('', 'o')ne year ago...

At a time when the US is looking to attract more skilled workers to semiconductor manufacturing, many current employees are rethinking whether they want to stick around, according to a McKinsey & Co. report that underscores the chip industry’s labor challenges. More than half of semiconductor and electronics employees said in 2023 that they are at least somewhat likely to leave their current jobs in the next three to six months, according to the report. That’s up from around two-fifths of workers in 2021. The most commonly cited reason was a lack of career development, followed by limited workplace flexibility.

That’s an ominous sign for chipmakers like Intel and Taiwan Semiconductor Manufacturing Co. that are building massive new semiconductor factories in the US — spurred by the 2022 Chips and Science Act. The ambitious expansion hinges on finding enough workers to equip and staff the facilities. The challenge spans three distinct labor pools: construction craft labor, technicians who design and install equipment during the final phases of construction, and both technicians and engineers who keep facilities running once they’re built.

The McKinsey report estimates that workforce development programs specifically for semiconductors are on track to produce around 12,000 engineers and 31,500 technicians by 2029. But just one leading-edge chip facility requires as many as 1,350 engineers and 1,200 technicians to operate.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'T')he people focus all their attention on these lone men, ascribing all the changes in society to them simply because they went in front of a camera and claimed to be directing it.

[theluckycountry]

China-Russia Pipeline Seen Displacing One-Third of LNG Imports
$this->bbcode_second_pass_quote('', 'C')hina’s planned Power of Siberia 2 pipeline with Russia could displace the equivalent of one-third of the country’s LNG imports and deliver a “shock” to the global seaborne gas trade, according to analysts cited by the South China Morning Post (SCMP). The 50-billion-cubic-meter-per-year conduit, slated to run through Mongolia, would lock in long-term Russian pipeline supply and sharply cut China’s need for LNG cargoes just as global exporters scale up capacity.

The warning follows Sunday’s signing of a binding memorandum between Moscow and Beijing. Russian President Vladimir Putin and Gazprom chief Alexei Miller presented the deal in Beijing as a centerpiece of their energy partnership.

[AdamB]

$this->bbcode_second_pass_quote('joeltrout', 'I')t is totally unique to the field.

Some oil fields don't flare any natural gas while others flare a lot of natural gas.

Not all gas is flared. If there is a market for the gas then it is captured and sold. Gas is usually only flared when there is not a market for it and it is more expensive to pump it back into the ground.

It is also very regulated. Some areas cannot flare due to environmental reasons.

This is a good book for an intro to the oil and gas industry if you would like to learn more about it.

Joeltrout

[theluckycountry]

Natural Gas Is Not A Bridge To Tomorrow. It's The Superhighway Of The Future

The headline says it all, and the situation is not unlike "the hybrid car is the transition to the future" meme the dumbass public was sold back in the early 00's. It was not part of a transition to something better, and now it outsells Battcars 20:1, but only because the dumbass public believe these Half-breeds are a cleaner alternative to Full-Blood Gasoline cars. They are certainly not in the manufacturing process.

$this->bbcode_second_pass_quote('', 'O')ver the years as it grew more powerful, the climate cult’s assault on fossil fuels typically left no room for compromise. Ending all reliance on anything but so-called renewables was the position that the energy industry and the government were expected to embrace, with various just-around-the-corner end dates arbitrarily set to bury the fossil fuel industry once and for all.

But for the climate change zealots, one pesky fly in the ointment made such goals clearly unreasonable – natural gas. Instead of slowly and cooperatively dimming its flame until it was extinguished, natural gas by necessity has continued to flourish.

...Predictions of the demise of natural gas join a long list of inaccurate energy forecasts from a decade or more ago. As we now know, natural gas has become even more important as the demand for affordable and reliable electricity grows. In Texas, for instance, the coming expansion of AI data centers has led to plans to develop private, dedicated gas plants to bypass existing grids and make sure electricity generation is reliable and uninterrupted...

Burning natural gas does indeed contribute to some pollution. But as even the Yale Climate Connections article conceded nine years ago, “it’s relatively clean compared to other fossil fuels,” and, crucially, there is “enough on tap to last the rest of this century,” an estimate generally accepted by more recent analysis.

What’s becoming clear to everyone except the blindest ideologue is that natural gas is not a bridge to tomorrow. It’s the superhighway of the future. Natural gas will continue to lead the power surge of the 21st century, and, for at least the next few decades, “renewables” will at best augment natural gas or at times serve as a backup.

[AdamB]

List of top natural gas producers in the world.

https://en.wikipedia.org/wiki/List_of_c ... production

US is #1. Small islands with meager coal reserves compared to the US are #7.

Too many parrots I guess, not enough oil and gas folk. No one needs to take my word for it...in this "special" country, they send their "special" Olympians to the normal Olympics because they just don't have anyone better.

Australians call for apology for Raygun from Olympic embarassment

[theluckycountry]

A surge in export demand, coupled with growing domestic power needs, is expected to drive U.S. benchmark Henry Hub natural gas prices higher as resources become exhausted, two experts told NGI.




GB and the rest of europe thumbed their nose at cheap russian gas so they are draining US wells instead. US consumers will have to pay much higher prices this Winter but someone somewhere will be making a lot of money off the exports, and that's all that that matters in a nation of one dollar = one vote.

[theluckycountry]

Nearly 6 million households have utility debt "so severe" that it will soon be reported to collection agencies, says a new study.
GREENWIRE | WASHINGTON| 11/17/2025
https://subscriber.politicopro.com/arti ... s-00654173