anhydrous
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Started by mcfarm - Nov. 17, 2021, 3:38 p.m.

old rule of thumb has been nat gas times 80 plus 50 to 100 for margin....that would get the price to 400 to 500/t a little under last springs cost. Wonder why suppliers are pricing it at 1300 to 1500/t?

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Re: anhydrous
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By Jim_M - Nov. 17, 2021, 5:06 p.m.
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Because our Command in Chief is anything but energy friendly.  He is the ultimate politician.  He's blaming everybody else and their brother that they are the problem energy prices are high, when it all starts with him and his policies. 

With gas prices soaring, Biden calls for probe into possible 'illegal conduct' (yahoo.com)

By metmike - Nov. 17, 2021, 7:07 p.m.
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Thanks!

Similar discussion on the NTR forum!

https://www.marketforum.com/forum/topic/77946/

By metmike - Nov. 17, 2021, 7:09 p.m.
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Another secret about fossil fuels: Haber Bosch process-fertilizers feeding the planet using natural gas-doubling food production/crop yields. September 2019

https://www.marketforum.com/forum/topic/39215/

By metmike - Nov. 20, 2021, 1:50 p.m.
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By metmike - Nov. 21, 2021, 9:49 p.m.
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This is mind boggling. 

They are intentionally KILLING coal. It used to provide 3.5 X the energy to generate electricity than NG. 

Now NG provides 2 X the energy for electricity compared to coal. 

A reduction in the ratio of over 700%!

https://www.statista.com/chart/23234/coal-and-gas-electricity-output/

Infographic: Natural Gas Quickly Outpacing Coal | Statista

By metmike - Nov. 21, 2021, 9:58 p.m.
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One way they did this, was with regulations but the biggest one was using market price forces. 

Cheap natural gas prices after fracking gushed massive supplies into the market over a decade ago, made ng MUCH cheaper than coal. That last peak in June 2008, over $16 marked the end of high prices for ng and the beginning of the shale gas dominance.

Very cheap ng made coal non competitive and was the main dynamic to explain the graph on the previous page.


https://www.macrotrends.net/2478/natural-gas-prices-historical-chart

By metmike - Nov. 21, 2021, 10:04 p.m.
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With NG prices doubling in the last year and the highest in a decade, I wondered if coal would be more competitive?

Holy Cow!

Look at the spike higher in coal prices!!!!

When you don't have much supply, this is what happens to prices. This is pricing coal out of the market, even as the price of ng has doubled.

What needs to happen is to increase mining of coal again, to increase supply to make it competitive.

Why should we do that?



By metmike - Nov. 21, 2021, 10:15 p.m.
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Because we will NEVER be able to generate enough energy from just wind and solar. That type of power is just too diffuse,  unreliable and extremely environmentally unfriendly. 

Unless we invent a new way to get energy, like with hydrogen, we will need a great deal of fossil fuels thru the end of this century.

We will be massively increasing the demand for electricity from electric cars.

It has to be generated at power plants. Where do these people think all that extra electricity will come from? The Green energy fairy?

Look at the supplies below at the bottom of the page.

The energy source we have the most of.........and the US has more of this than any other country......is COAL.


https://chariotenergy.com/chariot-university/when-will-fossil-fuels-run-out/


When will fossil fuels run out?

How many years of fossil fuels are left?

                                    


            

                

By metmike - Nov. 21, 2021, 10:16 p.m.
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This is energy policy retardation!!!!

All because of a fake climate crisis(its actually a climate optimum and the best weather and climate in over 1,000 years)  that's greening up the planet.


Fake beer crisis/Death by GREENING!           

                  Started by metmike - May 11, 2021, 2:31 p.m.            

https://www.marketforum.com/forum/topic/69258/

By metmike - Nov. 21, 2021, 10:25 p.m.
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The US is blessed with massive amounts of coal....by far more than any other country in the world.

https://en.wikipedia.org/wiki/List_of_countries_by_coal_reserves


And look what they are doing to coal!!!

Taking the most reliable energy resource on the planet, the one that the US by far has the most of............and killing it for a fake crisis!

https://www.statista.com/chart/23234/coal-and-gas-electricity-output/

Infographic: Natural Gas Quickly Outpacing Coal | Statista