Energy Investing - Britain lifts ban on gas fracking in push for energy independence - Energy Investing - InvestorVillage


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Msg  450018 of 466943  at  9/22/2022 10:42:29 AM  by

Naamkat


 In response to msg 450003 by  Wiggling
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Re: Britain lifts ban on gas fracking in push for energy independence

 Wiggling:
 
I think she's doing those things (i.e.: more nuclear, more North Sea drilling, more wind farms), too.  She's in the camp of "all of the above".
 
The last two years have proved that to have a robust energy system we need multiple sources.  When you commented this morning that the reason for high natural gas prices was the Russian invasion I (once again) thought, people forget that NG prices in Europe and Asia (and by extension, to a muted extent, in North America via LNG arbitrage) were painfully high last fall.  That was 5 months prior to the invasion.   They were high because of an unusually long period of calm winds on the continnt drastically reducing wind output over several months.
 
My view is we need to avoid having all our energy chickens in one or two baskets.  
 
Regards,
Naamkat  


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Replies
Msg # Subject Author Recs Date Posted
450032 Re: Britain lifts ban on gas fracking in push for energy independence MrBigger 4 9/22/2022 11:11:24 AM
450038 Re: Britain lifts ban on gas fracking in push for energy independence ScottMc 3 9/22/2022 11:19:43 AM
450042 Re: Britain lifts ban on gas fracking in push for energy independence Wiggling 2 9/22/2022 11:30:57 AM




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