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Twilight of the Age of Steam, Part 2: Petroleum and After

In the mid-nineteenth century, a new industry emerged, based on the refining of petroleum. The human use of petroleum is ancient, and may (for all we know) date well into pre-history. In the form found most often in nature, as thick pools of bituminous tar, this sticky, potentially flammable substance found use as a caulk,… ....

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Despite Lower Demand, U.S. Natural Gas Market Expected to 'Net Grow'


Despite Lower Demand, U.S. Natural Gas Market Expected to ‘Net Grow’
Natural gas isn’t going anywhere soon and overall demand for U.S. gas will keep growing on the back of rising exports, according to Mercuria Energy Co.’s Charles Blanchard.
Blanchard, head of North American natural gas research, recently published an exhaustive study on the history of natural gas in the United States called, “The Extraction State.” He spoke to NGI about the book, published by the University of Pittsburgh Press, in the latest episode of NGI’s Hub & Flow podcast.
Blanchard suggested that demand for natural gas in the United States, which has grown since 1985, has probably reached its peak. New wind and solar power generation coming online outweighs retirements of coal and nuclear plants, which will squeeze natural gas market share. ....

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Project MUSE - The Extraction State


summary
The history of the United States of America is also the history of the energy sector. Natural gas provides the fuel that allows us to heat our homes in winter and cool them in summer with the touch of a button or turn of a dial when the industry runs smoothly. From the oil crisis of the 1970s to the fall of Enron and the California electricity crisis at the turn of the century to contemporary issues of hydraulic fracking, poorly conceived government policies have sometimes left us shivering, stranded, or with significantly lighter wallets. In this expansive narrative, Charles Blanchard traces the rise of natural gas and the regulatory missteps that nearly ruined the market. Beginning in the 1880s, ....

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