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[stocks]

The US has exported its first shipment of natural gas in a historic move that shifts the balance of power in the global energy market 

 

The US is ramping up LNG exports to almost 130bn cubic metres a day (BCM) by the end of the decade, roughly equal to Russia's gas exports to Europe. This may rise to 200 BCM and possibly beyond as the shale industry keeps finding once unthinkable volumes of gas.

 

For the US, the start of LNG exports is a bitter-sweet victory. The first cargoes come just as the market crumbles. The price of LNG in Europe has dropped from $12 to $5.35 over the past three years.

 

In Asia it has dropped from $17 to $6 as Japan's nuclear power plants restart after the 2011 Fukushima crisis, and discounted Indonesian LNG is currently selling for $4.50

 

 

http://www.telegraph...-global-market/

 

 

 

 

 

[stocks]

2016:

 

Electricity rates fall sharply in utilities that use natural gas.

 

2008:

 

"Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket" - Barack Obama

 

1977:

"The oil and natural gas we rely on for 75 percent of our energy are running out.

Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power."  - Jimmy Carter

[stocks]

Florida Power goes with natural gas.  Germany goes green.

 

"Today, our typical customer bills are more than 15 percent lower than they were a decade ago"  Florida Power

 

"Once you adjust for the different price levels between countries, Germans have the most expensive electricity."

 

 

 

http://newsroom.fpl....Port-Everglades

 

 

https://www.ovoenerg...prices-kwh.html

Edited by stocks, 13 April 2016 - 04:46 AM.

[stocks]

2008:

 

"Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket" - Barack Obama

 

 

Australia, Denmark, Germany have most expensive electricity 

 

Prices highest where renewable energy highest. Germany triples US electricity prices. 

 

https://s3.amazonaws...-comparison.gif