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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (7948)	6/25/2008 9:51:09 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24225

Why UK Natural Gas Prices Will Move North of 100p/Therm This Winter Posted by Chris Vernon on June 24, 2008 - 8:40am in The Oil Drum: Europe This is a guest post from Rune Likvern (nrgyman2000 on The Oil Drum). Rune is an independent energy and financial analyst from Norway who has decades of experience from holding various positions within several international oil companies and also runs a blog called "Kveldssong for Hydrokarbonar". When Rune posts on The Oil Drum we usually pay attention to what he has to say. This post presents the development of the energy mix for UK, how UK in less than a decade went from being a substantial energy exporter to a substantial net energy importer. A more detailed look on what to expect for UK natural gas prices in the near term and a brief discussion on the real options available for future UK energy consumption. The UK development in energy consumption and energy mix for the years 1965 - 2007 in MTOE. Click to enlarge. (MTOE; Million Ton Oil Equivalents; 1 MTOE approximates 20 000 bbl/d (oil)) There's more… (2358 words) \| europe.theoildrum.com