Natural Gas

IEEFA Research

IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

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IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

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More News and Commentary

North Dakota Oil Production Falls

Daniel J. Graeber for UPI: A regulator in North Dakota said low oil prices were in part behind the decline in crude oil production, last reported at its lowest level since early 2014. The North Dakota Industrial Commission reported crude oil production in September, the last full month for which it has data, at 971,658 […]

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‘Ironically,’ Dakota Access Pipeline Risks Defeat by Low Prices and Oil Infrastructure Glut

Chris White for the Daily Caller: The Dakota Access Pipeline is at risk of becoming an abandoned project due to historically low oil prices, according to a report published Wednesday by an energy research firm. The report, “The High-Risk Financing Behind the Dakota Access Pipeline: A Potential Stranded Asset in the Bakken Region of North […]

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IEEFA Analysis: The Economic Frailties and Rickety Finances Behind the Dakota Access Pipeline

Shippers Are in a Position Now to Renegotiate Contracts; Oil Prices Have Tanked Since Deals Were Signed; Long-Term Outlook for Project is Deeply Uncertain

Construction of the Dakota Access Pipeline has sparked considerable public controversy, bringing national attention to issues that include tribal sovereignty and risks to drinking water. Less publicized are the project’s financial weaknesses, and the fact the pipeline may represent a substantial overbuilding of the Bakken’s oil-transport infrastructure. The report that we released today in partnership […]

Read More →

Army Corp of Engineers Calls for More Study on Dakota Access Pipeline

Rebecca Hersher for NPR: The U.S. Army Corps of Engineers said Monday that it needs more information before it can decide whether to allow the Dakota Access Pipeline to be built along its planned route. In a joint statement by the U.S. Army and Department of the Interior, the Corps announced it had finished a […]

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On the Blogs: Trump Runs Risk of Suffering LBJ-Like ‘Credibility Gap’ on Energy Markets

John H. Cushman Jr. for InsideClimate News: Judging by the brief discussion of energy policy on Donald Trump’s White House transition website, what he’d like to change about the Obama approach is everything. Presented below are our expectations for Trump’s Top Ten list—along with some evidence about how complicated it might be to achieve these […]

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On the Blogs: Pipeline Glut in Southeast U.S.

Gillian Neimark for Southeast Energy News: While the shale boom has seen a proliferation of new natural gas pipelines throughout the Southeast, critics say many of the projects are not needed and are simply a way for developers and utilities to reap profits on the backs of ratepayers. The Marcellus shale—which lies beneath much of […]

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Australia, Awash in Exxon-Controlled Natural Gas Production, on the Verge of Finding a Way to Stop Having to Rely on Expensive Imports

Sonali Paul for Reuters: AGL Energy is considering importing liquefied natural gas (LNG) to southeastern Australia from 2021, in a move that could ease the grip on supply that four producers led by ExxonMobil Corp hold in the region. Australia is on track to become the world’s top exporter of LNG, but that is paradoxically […]

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Election Outcome Means ‘Much Work to Do’ for Pipeline Opponents

Ernest Scheyder and Valerie Volcovici for Reuters:The surprising victory by Native American and environmental groups in September to delay the Dakota Access Pipeline may turn out to be short-lived, after Donald Trump’s unexpected win in the U.S. presidential election. Trump backs measures to speed energy industry development and upgrade the country’s oil and gas infrastructure. […]

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Australian Lobbyists for Natural Gas Industry Seek to Persuade Public of Its ‘Long-Term Necessity’

A coalition of natural gas lobby groups are planning a coordinated campaign to convince Australians gas is “a long-term necessity,” top industry lobbyists have revealed. They also disclosed plans to undermine government attempts to regulate sections of the industry that have been identified by the competition watchdog for price gouging by offering the federal environment […]

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Milestone in Evolution of U.S. Energy Mix

Eric Roston for Bloomberg News: The U.S. passed another historic marker in its energy revolution this year. In February, U.S. transportation emitted more carbon dioxide than the fossil-fuel-heavy power sector for the first time since 1978. Overall, the U.S. has seen a 25 percent drop in carbon-dioxide emissions since 2008, the Department of Energy said, […]

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