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Arch Coal Inc. Message Board

  • run_by_hr run_by_hr Apr 17, 2014 10:33 AM Flag

    EIA: 24 Bcf Natty Injection ... ouch

    That isn't much and next week weeks report will include this cold snap where folk turned back on their furnaces.

    America is in a very precarious energy situation; the East may be in pretty big trouble come a cold fall.

    Run

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    • All I can say is WOW!!!!!

      The reason for this abnormally low injection is obvious. Natural gas production is declining. The EIA is as credible as three dollar bill.

      • 1 Reply to brawn412
      • Agree Brawn, their predictive models have turned out to be more horrible than horrible. They need fresh/new applied statisticians and a bunch of really good programmers.

        Will it help coal? Met is still the weight on top. As I have said over and over and over again, this puts folk I know on the East coast in jeopardy to meet their payments. Future contracts for Oct/Nov are going to skyrocket as will the charges passed on to my friends.

        That aside, and as I have been also on about for years, they finally figured out that fracking is releasing copious quantities of methane into our atmosphere. I mean like 20x the sum of all CO2 produced from burning coal. What the heck? Folk didn't realize that? At 25x the GWP of CO2, the real enemy is methane.

        Oh, the sum of all utilities also reports 'losing' 2.2 trillion cubic feet (t(rillion)) between the distribution center and the consumer. I wonder, now where did all that gas go? Hmmmm.

        Run

 
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