Blog

CES Spotlight Blog

RSS
  Blog Categories
  Authors
April 19th, 2012

Natural Gas Prices Are At 10-Year Lows: How Much Lower Can Prices Go?

by Andrew Price, President & COO

Natural gas prices continue to plumb new lows with each passing trading day. Prices for the May 2012 NYMEX futures contract closed at $1.95 per MMBtu yesterday. We have not seen futures prices this low since January 2002 - is it possible that prices could go lower?

Read More »

April 12th, 2012

Canadian Tar Sands Oil Flowing South

by Andrew Price, President & COO

An enormous reservoir of oil sits just to our north in Alberta Canada. The Canadian tar sands hold almost 200 billion barrels of oil by some estimates, giving Canada the world’s third largest oil reserves behind Venezuela, and Saudi Arabia. Much has been written recently about efforts to bring tar sands oil to the US via Transcanada Corporation’s new Keystone XL pipeline. While the Keystone XL pipeline has been delayed, at least in part, for political reasons, other pipelines are quietly jumping in to meet the growing demand. Most recently the 236-mile Portland Maine to Montreal Canada pipeline has been connected with the Canadian tar sands.

Read More »

April 5th, 2012

Study Finds That Cape Wind Will Save $7.2 Billion

by Andrew Price, President & COO

Charles River Associates has calculated that the Cape Wind project will reduce wholesale power prices in New England by $7.2 billion over 25 years. The report dated March 29th, was an update to a 2010 study commissioned by Cape Wind, the controversial offshore wind power project planned for Nantucket Sound.

Read More »