Prof. Larry Bell’s Op-Ed In Offense Against the Progressive War On Patriotism‘ is a must-read.   Our free APPS on Apple, Android, or Alexa give you 24/7 access to the best talk radio in America on the iHeart Radio Network.   

November 29, 2021

November 29, 2021

Your Source for Free Speech,
Talk Radio, Podcasts, and News.

Our Best Hope This Winter May Be Global Warming!

by | Oct 11, 2021 |

Print Friendly, PDF & Email

Abundant, inexpensive natural gas and petroleum supplies that had become a reliable feature of a prosperous U.S. economy thanks to sideways drilling and hydraulic fracturing may soon fade to melancholy memories.

So you might wish to rethink the importance of natural gas this winter as sunbeams and windmills fall far short of keeping your home water pipes from freezing, and your Tesla recharged amid skyrocketing global energy costs.

Americans are already feeling the pain as electricity and utility gas prices were up 5.2% and 21.1%, respectively, over the last 12 months in August.

Higher energy costs are bleeding into inflation. Some analysts predict that gas prices could double this winter if U.S. production doesn’t increase, and global demand remains high.

Last February’s Texas freeze lifted natural gas demands, a hot June and July draught in the West reduced hydropower production, requiring that more gas than normal was needed to power air conditioners, and Hurricane Ida in August added to ongoing shortages by forcing nearly all of the Gulf of Mexico’s gas output offline.

COVID transportation and industry shutdowns reduced crude oil prices and production, which has in turn, cut down on the amount of gas produced as a byproduct.

Despite rising prices since spring, according to Baker Hughes Co., there were more than three times as many rigs drilling gas wells in 2014 when blizzards froze the Northeast, with prices hitting more than $5 per million British thermal units (MMBTU’s) than about 100 currently in operation.

Natural gas prices — now up to about double year-to-date — are racing higher on a combination of concerns over low supply and rising demand as winter approaches.

This is now the season drillers fill storage tanks and caverns to prepare for frigid temperatures when heating demands are greatest. However, the U.S. Energy Information Administration (EIA) estimates that the volume of natural gas in storage is currently 16.5% less than a year ago.

Seasonal stockpiling isn’t happening quickly enough, with natural gas inventories 7.1% below their five-year average and less margin for error.

This is occurring as the EIA also expects U.S. power plant coal inventories to fall to 61.3 million short tons at the end of the fourth quarter, less than half last year’s levels… the lowest figure since at least 1997.

As a result, analysts predict it might not have to get extraordinarily cold this winter for prices to reach heights unknown during the shale era, which transformed the U.S. from a gas importer to supplier to the world.

These escalating natural gas prices will have broad and substantial impacts across the U.S. economy, ranging from households to heavy industry. In addition to heating homes and generating electricity, gas is also used to make plastic, steel, and fertilizer.

There are no practical energy replacements.

According to the EIA, in 2019, the latest complete year of data, 81% of the world’s energy supply came from fossil fuels.

Even if all nations were to fulfill their current Paris Climate Accord promises — which none other than the U.S. are — the EIA estimates that fossil fuel use would still make up 73% by 2040.

So-called “renewables” produce mostly electricity, which accounts for only 19% of all energy the world consumes. Of that amount, wind and solar combined account for only about 3%.

Even if all electricity turned “green,” the world would still mostly depend upon fossil fuels.

Meanwhile, as winter approaches, America — recently a net natural gas exporter — must now compete for a global share of low hydrocarbon heating fuel inventories, including coal.

Europe’s anti-carbon policies have created a self-inflicted fossil fuel shortage as governments have heavily subsidized renewables like wind and solar and shut down coal plants to meet their commitments under the Paris Climate Accord.

As a consequence, demands for liquefied natural gas and coal are soaring in Europe as lackluster wind-power generation and shutdowns of nuclear, as well as coal plants, have left many of these countries scrambling to import more fossil fuels to power their grids.

China has been importing a lot more coal from the U.S. after banning the commodity’s import from Australia over a diplomatic spat. Yet, with coal and natural gas increasingly in short supply, fuel-powered generators in Asia are switching to burning oil, which is also pushing up crude prices.

Goldman Sachs projects that U.S. crude may hit $90 a barrel by year’s end, which could add 10 to 20 cents a gallon to gasoline prices at the pump.

And although OPEC and Russia are gradually ramping up supply, U.S. oil production remains 15% below pre-pandemic levels since about 20% of production in the Gulf of Mexico remains knocked out from Hurricane Ida. Even before the storm, U.S. oil and gas producers were curtailing investment amid a hostile political climate.

Count on the Biden administration and its radically liberal Democrat Party minions to take a bad situation and turn it far worse for America.

Inexplicably, after shutting down the Keystone XL pipeline and drilling in ANWR, Biden dropped Trump sanctions on Russia’s Nord Stream 2 pipeline under the Baltic to Germany.

Joe then unsuccessfully pleaded with OPEC to help lower politically painful pump and natural gas prices. These extra costs have major influences on nationwide transportation and food impacts that will fall most consequentially on low-income populations.

On top of this, as Interior Department permits issued for drilling on federal land declined to 171 in August from 671 in April, a proposed $3.5 trillion Democrat reconciliation bill will tax natural gas and oil, driving your heating and electricity bills even higher, potentially costing the U.S. economy $9 billion, plus as many as 90,000 lost jobs according to an analysis by the American Petroleum Institute.

All these policies to curtail American oil, gas, and coal production will empower adversaries, especially Russia, Iran, and China, the world’s three largest gas producers after the U.S.

Whereas Democrats won’t succeed in banishing fossil fuels, we can fully expect the U.S., like Europe, to face some very tough cold winter and hot summer seasons ahead, which again depend upon energy competitors and adversaries for help.

Avatar

Larry Bell is an endowed professor of space architecture at the University of Houston. He founded the Sasakawa International Center for Space Architecture (SICSA) and the space architecture graduate program. He is the author of several books, including "Reinventing Ourselves: How Technology is Rapidly and Radically Transforming Humanity" (2019), "Thinking Whole: Rejecting Half-Witted Left & Right Brain Limitations" (2018), "Reflections on Oceans and Puddles: One Hundred Reasons to be Enthusiastic, Grateful and Hopeful” (2017), "Cosmic Musings: Contemplating Life Beyond Self" (2016), and "Scared Witless: Prophets and Profits of Climate Doom" (2015). He is currently working on a new book with Buzz Aldrin, "Beyond Footprints and Flagpoles."

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Disclaimer: The information contained in this website is for educational, general information, and entertainment purposes only and is never intended to constitute medical or legal advice or to replace the personalized care of a primary care practitioner or legal expert.

While we endeavor to keep this information up to date and correct, the information provided by America Out Loud, its website(s), and any properties (including its radio shows and podcasts) makes no representations, or warranties of any kind, expressed, or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to its website(s) or the information, products, services or related graphics and images contained on the website(s) for any purpose.

The opinions expressed on the website(s), and the opinions expressed on the radio shows and podcasts, are the opinions of the show hosts and do not necessarily represent the opinions, beliefs, or policies of anyone or any entity we may endorse. Any reliance you place on such information is therefore strictly at your own risk.

At no time, nor in any event, will we be liable for any loss, or damage, including without limitation, indirect or consequential loss of data or profits arising out of, in an association of, or connection with the use of this website.

Through this website, users can link to other websites that may be listed. Those websites are not under the control of America Out Loud or its brands. We have no control over the nature, content, or availability of those sites. America Out Loud has no control over what the sites do with the information they collect. The inclusion of any links does not necessarily imply a recommendation, nor does it endorse the views expressed with or by them.

Every effort is made to keep the website up and running smoothly. However, America Out Loud takes no responsibility for, nor are we, and will not be liable for being temporarily unavailable due to technical difficulties beyond our control. America Out Loud does not sell, trade, nor market email addresses or other personal data.

Use the code ‘OUTLOUD’ and receive your 20% discount on your first order.

By Pushing Mass Vaccination, Governments Have Created Evolutionary Pressures on SARS-CoV-2

By Pushing Mass Vaccination, Governments Have Created Evolutionary Pressures on SARS-CoV-2

Now fully vaccinated persons are contracting COVID-19 in large numbers, probably with the Delta variant. They cover vaccine safety, and when considering the failure of efficacy and the fatal and nonfatal serious safety concerns with all of the vaccines, Dr. McCullough concludes that we should shut down the ill-fated mass vaccination program…

Biden Stealing Land to Satisfy Climate Agenda

Biden Stealing Land to Satisfy Climate Agenda

Given that it is forbidden by the Constitution of the United States, it has indeed been a form of grand larceny-theft, something the states must sue to stop. 16 farm-state governors sent a letter to Biden on February 22 warning of his federal overreach. You can be sure the Biden administration will covet no land in cities where they want to herd our population, meaning farmland will be the primary focus of their land grab for their climate agenda!

Jews All Over the World ‘Once Again’ Abandoned by Western Democracies

Jews All Over the World ‘Once Again’ Abandoned by Western Democracies

Yet again, the New York Times, with malice aforethought covered up the Holocaust from the 1930s till almost the end of WWII, is once more, not only underplaying the Muslim world’s crystal clear declarations to eradicate Israel off the face of the Earth, but also supporting the terrorists of Hamas and undermining Israel. Christians everywhere are not only deafeningly silent once more, but in many cases aiding, abetting, and supporting the attempted genocide of the Jews…

Where in the Constitution is Government Given the Authority to Regulate Property?

Where in the Constitution is Government Given the Authority to Regulate Property?

Once again we have a federal court offering the right conclusion for a very wrong reason. Like the bitter medicine hidden in candy, this case is not the vindication of property rights many seem to be touting. Instead, it’s another nail in the coffin of the rule of law. As one more court places itself above the law they have sworn to uphold, America ceases to be a republic and moves ever closer to an oligarchy…

Biden’s Polarization of America Gives GOP Winning Hand in 2022 Midterms

Biden’s Polarization of America Gives GOP Winning Hand in 2022 Midterms

Since entering the Oval Office, America has likely never been more polarized in modern times, nor is Trump running as his opponent. No former administration to blame as spending and energy policies drive up inflation; as caravans of illegal immigrants stream across the U.S. southern border; as foreign oligarchs test Biden’s responses to menacing acts of intimidation…

The One Time Nike Actually Got It Right Might Surprise You

The One Time Nike Actually Got It Right Might Surprise You

As long as Nike promotes division by sponsoring political extremists with big mouths and small hearts, Americans will express their distaste for the new sport of diversion from what once was the pure fun of the game. Being reminded before every game that woke athletes who glorify evil dictators and cop killers makes me angry. Despite Nike’s political faux pas of glamorizing woke liberal athletes, the company did actually get it right in…

WAR by any Means Necessary Captures First American POWs

WAR by any Means Necessary Captures First American POWs

If you ever complained about fraud in the 2020 elections or the insane mandates related to the CCP virus, YOU are now considered to be a “domestic violent extremist.” YOU are now the enemy. If you think for one moment that this out-of-control, communist-controlled Administration occupying our White House will stop with the “prisoners” now being held captive in DC jails, you are delusional…

Viral Diversity and the Pandemic Response

Viral Diversity and the Pandemic Response

This spring after the CDC was overloaded with >10,000 vaccine failure cases with full-blown COVID-19 after being completely vaccinated, the CDC notified Americans it was only going to track and report COVID-19 in the unvaccinated. This was a giant blunder since there is a great need to study why the vaccines are failing in order to…

The January 6 Kangaroo Capitol Conspiracy Court

The January 6 Kangaroo Capitol Conspiracy Court

House Speaker Nancy Pelosi, named eight members of a new 13-member investigative committee to keep the contentious matter before the public⏤mostly a Democrat party lineup with the exception of Rep. Liz Cheney. Republicans properly recognize that Democrats will use the platform to make partisan attacks in the lead-up to the 2022 midterm elections…

I’m So Angry I Don’t Know Where to Start

I’m So Angry I Don’t Know Where to Start

America is the only place in the civilized world where a complete loser can achieve success beyond most other people’s dreams. Cori Bush, Maxine Waters, Georgia Governor-in-Exile Stacy Abrams, and the members of the Congressional Black Caucus are living examples of the cream not rising to the top…

Why Conservative Patriots Lose to the Marxist Democrats (in two sentences)

Why Conservative Patriots Lose to the Marxist Democrats (in two sentences)

We face a flood of broken things which are important to us. Such as safe and secure borders, law and order, freedom of speech, medical freedom, the right to bear arms, a society without racism… we are losing them all. How then to turn things around? First, we must learn quickly how to use deception. This does not mean telling the Nazi-type big lies that they do…

Ahmadinejad Against the Ayatollah Regime Should Not Be Ignored

Ahmadinejad Against the Ayatollah Regime Should Not Be Ignored

Ahmadinejad’s outbursts against the regime should not be ignored by the West. On the contrary, his opposition to the regime should be used as a perfect reason to bolster all Iranian counter-revolutionary factions to help bring forth the fall of the Ayatollahs’ terrorist Theocratic Regime at the earliest possible time, to save the Middle East and the world from a possible Nuclear War…

State Republican Election Directors in Bed with Socialists

State Republican Election Directors in Bed with Socialists

The big question arising from these strange bedfellows is not whether leftist groups are solidly embedded into critical election policymaking organizations. That’s a fact. Rather, it is; why are Republicans playing ball at all? If the election of 2020 is not straightened out before 2022, the end result will be no different. We’ll be spending through 2024 chasing our tails…

Header

Your Source for Free Speech, Talk Radio, Podcasts, and News.

 

Here we take on the challenges of our generation so that we can preserve future generations. Please consider making a contribution in the fight for liberty!

iHeartRadio

The APPS are free; the mission is priceless!

Free APP

Podcast Networks

Apple Podcasts
Google Podcasts
Spotify
Pandora
Tunein
iHeart
Stitcher

Subscribe and Listen on Your Favorite APP

Our Columnists and Show Hosts

COVID Solution Summit

Apple Podcasts

Evacuating Americans & fully-vetted Afghan's at Risk - Help Us!

Apple Podcasts

Empowering and mentoring conservative trailblazers from Generation Z to win!

Apple Podcasts

Turning Point Action is Recruiting Precinct Chairs - Become a Grassroots Warrior Today!

Apple Podcasts

URGENT - KEEP NINE
Please join us to protect the Supreme Court:
Sign the Petition!

Apple Podcasts

The LATINO USA EXIT from the Democrat Party, click for details...

Apple Podcasts

Fighting corporate censorship and ensuring voter integrity...

Apple Podcasts

Support wounded and fallen police officers. The Wounded Blue.

Wounded Blue
Share via
Copy link
Powered by Social Snap