Choice Energy Services firmly believes in Harry Truman’s quote “Not all readers are leaders, but all leaders are readers.” Choice’s energy analysts are always staying on top of the market by reading the latest industry news articles. If Choice finds an interesting one, it makes sure to post here to share with its clients.
2 Tennessee Cases Bring Coal’s Hidden Hazard to Light
GALLATIN, Tenn. – The hulking Gallatin Fossil Plant sits on a scenic bend of the Cumberland River about 30 miles upstream from Nashville. In addition to generating electricity, the plant, built in the early 1950s by the Tennessee Valley Authority, produces more than 200,000 tons of coal residue a year. That coal ash, mixed with […]
California is shattering solar records. This bill could take renewable energy to the next level.
A month ago, California broke its all-time solar record, with nearly 8,800 megawatts of solar power flooding the state’s main electric grid on a Friday afternoon. The record stood until the following Wednesday, when more than 9,000 megawatts of solar powered the Golden State, according to the California Independent System Operator, which runs the grid. That record didn’t […]
Trump signs executive order rolling back Obama-era energy regs
President Trump moved Tuesday to unravel a host of energy regulations imposed by his predecessor, targeting in particular the Obama administration’s signature program which was intended to curb carbon emissions – but blasted by Republicans for hurting the already-struggling coal industry. With a sweeping executive order signed at EPA headquarters, Trump initiated an immediate review […]
Why natural gas is the future – not coal
King Coal is dead, long live the king — in this case, natural gas. President Donald Trump has vowed to reverse coal’s dwindling hold as the fuel of choice. But the trend toward gas is undermining his coal boosterism. The president recently repealed a regulation, enacted under the Obama administration, that prevented the dumping of coal […]
Energy Market Outlook – February 21, 2017
Energy News and Market Information for the week of 2/21/2017 Author: Jason Scarbrough NYMEX Natural Gas Pricing Slammed Today “Current View of the NYMEX Natural Gas Market” Today the NYMEX natural gas market closed down 9.53% in the front month. It did this while breaking through the technical support that the bulls had built over the […]
We’re About To See A $2 Handle In Natural Gas
I became worried about the natural gas market on Thursday, Jan. 26, when the EIA reported a withdrawal of only 119 billion cubic feet from stockpiles. The gap on the chart from $3.536 to $3.649 on the March futures contracts has been staring many bulls in the face since the beginning of the year. Throughout […]
10 trends shaping the electric utility industry in 2017
If there’s one hallmark of the power sector at the beginning of 2017, it’s uncertainty. At the time of our last trend forecast list in September 2015, the utility industry was already being disrupted: Customer demand for distributed resources and the push for cleaner electricity were reshaping centralized fossil fuel-based grids across the country to accommodate variable […]
Short-Term Outlook For U.S. Natural Gas Prices, January 2017
Isn’t this fun? The roller coaster ride continues. We’ve seen a surge up until the mid-$3.90s at the end of December, then a collapse down to a $3.10 close Monday, and now up closer up to $3.30 again. The run up for the end of the year can be attributed to thin trading during the […]
New Oil Drilling Technology Will Soon Spark An Explosion Of Oil
Energy stocks have been tearing higher since the election on bets that the Trump administration will relax environmental restrictions and open more federal lands to oil and gas drilling. Crude oil’s staying north of $50 hasn’t hurt, either.
A Rosy Future For U.S. LNG
American LNG exports for 2016, according to the Department of Energy, totaled 109 Bcf through December, averaging about 0.3 Bcf per day. But contrary to expectations when Cheniere Energy first opened its LNG terminal at Sabine Pass, Louisiana at the start of the year, the bulk of those energy exports have not gone to markets […]