Texans as early as Monday were going to be able to begin voting on a slate of amendments, including one that would fund natural gas-fired generation facilities to bolster the stressed electric grid. Proposition 7, a constitutional amendment, would if adopted by a majority of voters establish the Texas Energy Fund (TEF) to support the…
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International Policy Experts Warn LNG Industry Support Needed in ‘Two-Front Gas War’
International energy experts from Rice University’s Baker Institute suggest the United States could face intense economic and geopolitical fallout this winter and in winters to come without support for the LNG industry currently aiding Europe. In a recently published paper from the institute, “U.S. Needs LNG to Fight a Two-Front Gas War,” the authors posit…
Australian Natural Gas Auctions Said Competitive Even as Bigger Players Dominate
Spot prices in Eastern Australia’s domestic natural gas auctions generally are close to marginal supply prices even though three large firms dominate the markets, according to a market expert. Regulated auctions with bids and offers set the daily prices for wholesale gas in four eastern Australian markets, with prices typically a netback to Asian liquefied…