The permitting process for carbon-capture projects is, in some ways, like navigating Houston’s notorious rush-hour traffic — if everyone tries to move at once, gridlock can quickly ensue. That’s true at both the federal level, where the EPA has more sequestration wells under review than ever before, and at the state level, where Louisiana just hit the pause button on its reviews. In today’s RBN blog, we look at how increased interest in carbon capture has exacerbated the permitting backlog.
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The permitting process for carbon-capture projects is, in some ways, like navigating Houston’s notorious rush-hour traffic — if everyone tries to move at once, gridlock can quickly ensue. That’s true at both the federal level, where the EPA has more sequestration wells under review than ever before, and at the state level, where Louisiana just hit the pause button on its reviews. In today’s RBN blog, we look at how increased interest in carbon capture has exacerbated the permitting backlog.
More propane production. More exports. More inventories. The U.S. propane market, already oversupplied, is becoming even more so, putting additional downward pressure on prices. At the same time, surging demand from LNG exports and gas-fired power generation is pushing natural gas prices higher. Electricity prices are climbing too, further tilting the scales in propane’s favor. The big question is, will these shifting fuel-price relationships move the needle on retail propane demand.
RBN Energy Blogcast
The permitting process for carbon-capture projects is, in some ways, like navigating Houston’s notorious rush-hour traffic — if everyone tries to move at once, gridlock can quickly ensue. That’s true at both the federal level, where the EPA has more sequestration wells under review than ever before, and at the state level, where Louisiana just hit the pause button on its reviews. In today’s RBN blog, we look at how increased interest in carbon capture has exacerbated the permitting backlog.
