Tag Archives | shale gas

Why US Natural Gas Will Stay Very Cheap

By John Richardson

CONVENTIONAL thinking about US natural gas prices is that they will start to edge up over the next few years.

Reasons include major shale gas investment cutbacks resulting from the recent collapse in US natural gas pricing.…

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US Shale Oil Was Never Going To Stand Still

By John Richardson

TECHNOLOGY doesn’t stand still. That’s the whole point about technology as any oil, gas or chemicals engineer will tell you.

The above chart is a fantastic example of this. It shows how the efficiency of US oil …

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The US: Worrying About What Really Matters

By John Richardson

I WAS involved in a debate recently over how a glut of propane in storage in the US had led to propane prices in the States being so low that propane-fed crackers in the US had become …

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Oil Prices, The Chase For Yield And Another Roll Of The Dice

By John Richardson

GILLIAN Tett, the outstanding financial journalist, talked about “silo thinking” in her book – Fool’s Gold – that detailed the root causes of the Global Financial Crisis.

By this she meant how too many people only had …

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European Petchems: Necessity is Again The Mother Of Invention

By John Richardson

WHEN has a European cracker gone beyond its useful life? Forty or 50 years? Or maybe if you spend the right amount of money, it can last for a great deal longer.

Devoting enough ingenuity and capital …

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Rising US Oil Supply And How Innovation Never Stands Still

By John Richardson

NECESSITY is the mother of new inventions, and also of innovations that make improvements on old inventions.

When, for example, oil and gas prices were sky-high in the US, this prompted the late and great George Mitchell …

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European Energy Sovereign Wealth Fund Needed

By John Richardson

THE blog met with an old friend on its recent trip to the UK, a scientist, who moaned about her local MP’s  ignorance about why energy self-sufficiency was vital for any economy.

“He is opposed to shale …

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European Political Suicide Seems Unlikely

By John Richardson

For once, we are not going to talking about demand but will instead focus only on supply.

“In all scenarios, the US captures market share away from Europe,” the American Chemistry Council’s (ACC) chief economist, Kevin Swift, …

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China Reforms: The Global Implications

By John Richardson

IT can feel logical to assume that the fundamentals of the petrochemicals business in Asia haven’t really changed.

When you think about it, apart from a brief interruption in the region’s success story during the Asian Financial …

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US Jobs Revival A Mirage

By John Richardson

THE US is well and truly back economically was once again one of the themes at this year’s Asia Petrochemical Industry Conference (APIC) in Pattaya, Thailand.

It was argued that shale gas has led to a manufacturing …

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