Fuels and Fossil Thinking

Today is September 29, 2021. The European gas market has melted. It has melted up. Gas in the UK is trading at approximately $30 mBtu. Not to be left behind, the same story is unfolding in Asia. Converted to oil, this price of natural gas is something like $200 per barrel oil equivalent. Propane and heating oil prices are spiking. There is no end in sight. To say the least, changes are coming to the gas pump. And not of a pleasant variety. To add a few other random numbers, coal burning in the electricity mix in China has gone [...]

By |September 29th, 2021|Categories: Energy|Tags: |Comments Off on Fuels and Fossil Thinking

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