World Energy Markets The Natural Gas Revolution Yossie Hollander.

Slides:



Advertisements
Similar presentations
Copyright 2000 Addison-Wesley Longman PART 3 THE QUESTION OF GLOBAL RESOURCE LIMITATIONS.
Advertisements

Israels role in turning oil into salt Gal Luft, Institute for the Analysis of Global Security.
U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2014 Early Release Reference Case AEO2014 Early.
The Outlook for Energy: A View to 2040 Nick Jones Florida International University February 5, 2014 This presentation includes forward-looking statements.
Fossil fuels Section 1.
Sustainable energy supply; Is Hydrogen an option? Myths and facts C. Daey Ouwens Eindhoven University of Technology.
1. 2 The Problem 75% of our energy expenditures leave the state, versus growing jobs, incomes and revenues here at home. Indiana already imports essentially.
Can U.S. Supply Accommodate Shifts to Diesel-Fueled Light-Duty Vehicles? Joanne Shore John Hackworth Energy Information Administration Hart World Refining.
U.S. Energy Information Administration Independent Statistics & Analysis Outlook for U.S. shale oil and gas IAEE/AEA Meeting January 4, 2014.
Biofuels in the United States: Context and Outlook
U.S. Energy Information Administration Independent Statistics & Analysis U.S. Energy Outlook For Baltimore Chartered Financial Analyst Society.
U.S. Energy Information Administration Independent Statistics & Analysis Annual Energy Outlook 2015 AEO2015 Rollout Presentation Center for.
Fuel Use LCA Cutouts required for each system. Fuel Use.
Context. Energy Future: Context Fossil fuel is plentiful (and inexpensive) –Oil supply is in 10s of years (Lewis*: 40-80) –Gas supply is over 100 years.
Energy Resources Human Impact on the Environment.
WORLD OIL AND NORTH AMERICAN NATURAL GAS OUTLOOK November 2006.
NATURAL GAS VEHICLES AMERICA’S NEW CHOICE FOR CLEAN TRANSPORTATION Scott Dahlstrom, Jackson Energy Authority 1.
WORLD ENERGY INVESTMENT OUTLOOK
Biomass Energy Energy – It’s Everywhere!. 2 Biomass to Energy The Sun is the direct or indirect source of nearly all our energy on earth. Energy can change.
INSTITUTE OF ENERGY STRATEGY
Alternative Transportation Fuels
Alternative Powered Vehicles
1.  Welcome and introductions ◦ News from members 10:00-10:30  Northwest Gas Association 2011 Outlook 10:30-11:00  What has happened since last meeting.
Yes, ethanol is renewable. But… Planting more sugarcane for ethanol means destruction of habitat in Brazil (decreased biodiversity). Burning ethanol releases.
1900 Vegetable oil is used as a diesel fuel when Rudolf Diesel shows that a diesel engine can run on peanut oil Vegetable oil is used as a diesel fuel.
GREEN ENERGY Max Blankenship Hailey Welch Ben French Cam Wilson.
Difference between Renewable And Non-Renewable Fuels Renewable Fuels Renewable fuels are the fuels that have been produced from the resources that.
Energy Policy Conundrum Dependence on foreign supplies of oil and natural gas as an “economic” and a “national security” issue Oil shock in 2005 was primarily-demand.
U.S. Energy Policy: The Burdens of the Past and Moving Forward John P. Banks Nonresident Fellow Brookings Institution September 25, 2012 BROOKINGS MOUNTAIN.
WS: Types of Energy 1. Chemical 2. Chemical 3. Nuclear 4. Heat 5. Electromagnetic 6. Chemical 7. Heat 8. Mechanical 9. Electromagnetic 10. Nuclear.
International Energy Outlook 2010 With Projections to 2035.
Energy & Its Impact on Global Society Jerome K. Williams, Ph.D. Saint Leo University Dept. Mathematics & Sciences.
Warm-up 12/ In the US, oil production is ________oil consumption. -Greater than -Less than -Equal to 2. How is petroleum different from coal? 3.
The State of Natural Gas Supply APPA/NGSA Joint Meeting September 30, 2010 Chicago, IL 1.
Solar? Wind? Nuclear? Coal? Energy Resources & Policy ENV 385 Biodiesel?
“Getting a foot into the Door” SITEBC September 06 th, 2008.
The Ohio State UniversityAgricultural, Environmental and Development Economics Ohio State University Extension Energy and Ethanol Situation and Outlook.
BOSTON CONSULTING GROUP AUGUST 2011 Made in America, Again.
Peak Oil Opportunities and Challenge at the end of Cheap Petroleum Richard Heinberg Scripps College September 18, 2006 The Challenge of Peak Oil Richard.
The Science and Economics of Energy: Learning about Solar Energy.
The Use of Natural Gas In the Israeli Economy Yossie Hollander.
NGV BRIDGE OnCue Express April 3, WHO WE ARE: OnCue Express 14 (+2 Under Construction) CNG Locations 41 (+2 Under Construction) Convenience Stores.
Dr. Shlomo Wald Chief Scientist Ministry of Energy and Water Resources 24 1 Natural Gas for Transportation in Israel.
NATURAL GAS VEHICLES AMERICA’S NEW CHOICE FOR CLEAN TRANSPORTATION 1.
Natural gas industry in Lithuania. Gas transmission and gas distribution companies in Lithuania. Gas consumption, gas consumers.
Energy Information Administration Official Energy Statistics from the U.S. Government Annual Energy Outlook 2008 Energy Information Administration December.
Kevin Chang Academic Decathlon 5/1/14
The Effects of Rising Energy Costs on Local Agriculture.
Part Four, Issue 7 Oil and Natural Gas.
THE FUTURE OF FUELS The National United Voice for Fuel Marketers DAN GILLIGAN PRESIDENT Petroleum Marketers Association of America.
ENERGY UNITBTU CONTENT 1 barrel (42 gallons) of crude oil5,800,000 Btu 1 gallon of gasoline124,238 Btu (based on U.S. consumption, 2008) 1 gallon of diesel.
Natural Gas and Fracking Aubrey Pacheco Rebecca Villalpando Danielle Miller.
Chapter 5 Section 3.  Effects of Rising Costs ◦ Input costs increase, so does marginal cost ◦ Curve shifts to left  Technology ◦ Can lower production.
1. HUNTER-GATHERER SOCIETIES HAD VERY LIMITED ENERGY REQUIREMENTS. THESE WERE MET USING WOOD (A RENEWABLE RESOURCE). 2. THE INDUSTRIAL REVOLUTION CHANGED.
Possible Fuel Options for Your Car
1 The Cost of Energy Dependence Frank Clemente Ph.D. Senior Professor of Social Science & Energy Policy Penn State University
U.S. Energy Information Administration Independent Statistics & Analysis Lower oil prices and the energy outlook May 2015 Ottawa, Canada By.
1. Fundamentals of Global Energy Business Michael J. Orlando University of Colorado - Denver week 2: Supply of Energy video 2: What Primary Resources.
Everything You Need to Know About Fossil Fuels *and how to give a good energy presentation.
U.S. Energy Information Administration Independent Statistics & Analysis Outlook for shale gas and tight oil development in the U.S. For American.
Biomass Fuel If you have a fireplace, the wood you burn in it is a Biomass fuel. What we now call a Biomass fuel was the source of heating for thousands.
U.S. Energy Information Administration Independent Statistics & Analysis Natural Gas Demand: New Domestic Uses and LNG Exports Natural Gas.
Energy Sources Fossil Fuels And Alternative Fuels.
Russian-American Chamber of Commerce in the USA Russian energy supply : Coal, Gas, Oil.
ГММ -1( а ) Li Jianfei. By 2040, the world and, in particular, countries which have large and technologically advanced economies – such as the USA,
The Natural Gas Revolution
OIL A Natural Resource.
NS4960 Spring Term 2018 U.S. Energy Trade, 2016
Warm-Up: How is oil created?.
For raising the gas tax to $2 per gallon
Presentation transcript:

World Energy Markets The Natural Gas Revolution Yossie Hollander

The World is flooded with NG New Oil is expensive Most new discoveries are of Natural Gas Fracking produces more energy in the form of natural gas (and NGLs) than in the form of refinable oil.

The gap between oil and NG prices U.S. oil and NG prices, Source: U.S. Energy Information Administration

The near future More natural gas – less oil More natural gas liquids Price pressure on NG is growing Russia – strategic shift to export NG to the east The rest of the world will learn how to frack within a decade

The NG Revolution Who will win the economic war Electricity is already moving to NG when it is as cheap as coal Industry is moving to NG (from diesel) Heating is moving to NG Industry is moving back to the US because of cheap NG – it is not taxed! Cheap NG is a competitive advantage

Transportation The greatest Opportunity A trillion dollar opportunity – using NG products (CNG, LNG, Ethanol, Methanol) in transportation – replacing oil Countries that will replace gasoline and diesel with cheap NG products will be the winners