U.S. energy under Trump

Washington waits for the inauguration

Today’s presidential inauguration will trigger the biggest policy and regulatory shift for the US energy industry in at least ten years, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. That’s how long it has been since energy policy was set by a Republican president and Congress. Donald Trump is a different kind of Republican, though, and his goal does not seem to be a return to scarcity and high … [Read more...]

The OPEC deal: a recipe for volatility

OPEC deal is announced

Last week’s OPEC deal takes place in a very different context than earlier deals from the 1990s, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. US shale producers are looking to fill supply gaps, inventories are higher than ever, and alternatives to oil in transport are emerging. If that’s not a recipe for volatility, Styles wonders, then what is? Original post. … [Read more...]

On track for a Golden Age of Gas?

fracking protest California 2014 (photo Food and Water Watch)

The global energy industry must overcome significant new challenges if natural gas development is to achieve the vision of a Golden Age of Gas, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. Low energy prices and reduced investment are only half the battle as regulations complexify and organized opposition grows. … [Read more...]

Out of reach without nuclear and shale

Marcellus shale gas well (photo WCN 24/7)

Contrary to what some politicians are arguing, US emission reduction goals for 2025 cannot be achieved without nuclear power and shale gas, argues Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. Recent official revisions from the Environmental Protection Agency  (EPA) on estimated methane leaks from gas production and use do not negate the benefits of gas in recducing  emssions, he adds.   … [Read more...]

How OPEC could regain control of the oil price

photo KomuNews

The US shale revolution effectively sidelined OPEC’s control over global oil prices. However, with a large number of new non-OPEC projects cancelled, spare capacity in the market reaching very low levels and demand continuing to grow, power is shifting back to the cartel again, notes Geoffrey Styles, Managing Director of GSW Strategy Group in the US, on his Energy Outlook blog. If OPEC decides to cut output in 2016, writes Styles, the oil price … [Read more...]