NGV Global

I have written about the high price of oil in previous articles for NGV Global.  Back in Sept 2005, the article discussed oil at $65 per barrel.  Then in Oct 2007, it was $80 per barrel.  John Lyon (IANGV Immediate Past President), spoke about oil at $100 per barrel during the ANGVA conference in Thailand last year. What a great change has now occurred – oil is now $140+ per barrel.


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Energy and Climate are Hot: NGVs are Not … but they could be!

Welcome to the first of a four part discussion on legislative and regulatory initiatives being undertaken by European Union policy makers, written especially for NGV Global.

PART 1

Energy and environment legislative and regulatory initiatives are among the most important ‘front page’ issues being tabled in Brussels in the opening months of 2008.  Some initiatives, like the ‘Energy and Climate Package’ launched on 23 January 2008 are newly emerging.  But there are a host of other initiatives carried over from 2007 that will continue to be debated throughout the year and likely longer.   While energy and climate are (in policy terms) ‘hot’, NGVs are not; but they might be if a credible campaign to get back on the political agenda becomes an industry priority.  The strategy must include focusing not only on the European Commission and European Parliament, but also on specific environmental NGOs (non-governmental organisations) and, of course, the natural gas industry itself.

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Energy and Climate are Hot: NGVs are Not … but they could be!

Welcome to the third of a four part discussion and analysis on legislative and regulatory initiatives being undertaken by European Union policy makers, written especially for NGV Global.

PART 3

Directive on the Promotion of the Use of Renewable Energy Sources 

The European Council in March 2007 agreed to a 10% binding minimum target for the share of biofuels in transport by 2020. The Council, concerned about impacts on food prices, land use, and the destruction of forests (including rain forests)  attached strict conditions to this target, notably, “subject to production being sustainable, and that “second-generation biofuels” becoming commercially available and the Fuel Quality Directive being amended accordingly to allow for adequate levels of blending."

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It would appear that the price of oil is going to be $100 per barrel or more for the foreseeable future.  As it’s recent meeting, OPEC decided that while it is not going to cut production, it will not increase it.  It would also appear that there is likely to be a downturn in the economies all the developed countries which will naturally lead to reduced demand for oil.  However the demand for oil is increasing in Asia which at least to some extent will counteract the reduced demand for oil in other parts of the world.  In addition there is some doubt of the ability of OPEC to increase production. 

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USA

Economics, Environmental and Energy Security Issues Rejuvenate Market

The following item first appeared in the October issue of American Gas Magazine and was accompanied by this item.

Vehicular natural gas use exceeded 200 million gasoline-gallon-equivalents (GGE) in 2005 and will likely surpass 225 million GGE (or 280 million therm) by year-end 2007, according to a new report prepared for the U.S. Department of Energy (DOE) by the Georgia-based Clean Vehicle Education Foundation (CVEF). The two-part report, which tracks natural gas vehicle (NGV) inventories and fuel use over the past forty years, reviews how economics, technology, government policy and utility activity affect the market’s development. Most important, the report sheds light on what works and why, and makes recommendations to help NGV industry participants and policymakers allocate limited resources to activities that will have the most impact.

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