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Page added on June 1, 2015

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Natural Gas is Killing Coal

Consumption

There’s no denying that natural gas is revolutionizing our energy economy, but few believed it could deal such a swift death blow to coal, the commodity that brought us into the Industrial Revolution and has been our backbone ever since. But the signs are irrefutable. Here’s what you need to know.

A historic battle
Coal and natural gas have been going at it for a while. Traditionally, these were actually complementary energy sources. As a cheaper fuel that was more difficult to manage, coal-fired generation plants were the “slow burners” that kept our energy capacity steady throughout the day. Relatively expensive and more malleable natural gas-fired power plants served as the “pinch hitters” that powered up during peak hours when we needed that extra bit of juice.

Today, things look a bit different. Natural gas and coal are no longer complements: natural gas has become a substitute for coal. And natural gas is killing coal from both the supply and demand sides. Let’s examine both.

Supply-side steal
Coal has historically had the upper hand because that’s what was there. In 2005, the United States generated just over 2 billion megawatt hours of electricity from coal. At that time, natural gas was responsible for a measly 760 million MWh, roughly 40% of coal’s contribution.

Today, natural gas infrastructure has caught up to coal. Shale production keeps the nation’s supply up, while advanced power plant technology allows us to generate more electricity from gas than anyone thought possible.

At the same time, coal-fired power plants are retiring left and right. Utilities shuttered 4,100 megawatts’ worth last year, and are on track to close an additional 12,800 MW in 2015.

Supply-side worries have also recently manifested in unexpected ways. Earlier this month, Bank of America Corp.  announced its first-ever ” coal policy ,” laying out a set of guidelines and rules for its steady divestment from coal extraction companies. When a $2 trillion financial institution deems an entire fuel source too risky for returns, that’s a warning sign unlike any other.

Demand-side death
But even as supply has expanded natural gas’s reach, demand ultimately decides an energy source’s death. Utility demand is driven by prices, and coal is not the inexpensive energy source it used to be. A dwindling infrastructure, harsher environmental regulations, and largely unsuccessful attempts at innovation (e.g., carbon capture and sequestration) have kept this black gold in the dark ages.

A recently released Energy Information Administration estimate puts coal and natural gas neck-and-neck when it comes to 2019 pricing. When you consider that new environmental regulations (e.g., Mercury and Air Toxic Standards) reduce the feasibility of conventional coal generation, natural gas takes the lead on almost every cost.

Plant Type Levelized Cost of Electricity For

New Generation Sources, $/MWh

Conventional Coal 95.6
Integrated Coal-Gasification Combined Cycle (IGCC) 115.9
IGCC with Carbon Capture and Storage (CCS) 147.4
Natural Gas Conventional Combined Cycle (CC) 66.3
Natural Gas Advanced CC 64.4
Natural Gas Advanced CC with CCS 91.3
Natural Gas Conventional Combustion Turbine 128.4
Natural Gas Advanced Combustion Turbine 103.8

Source: EIA.gov.

In a rare occurrence, the EIA actually expects coal and natural gas electricity generation (measured as terawatthours per day) to converge later this year. Plummeting natural gas costs have caused power producers to reevaluate their optimal portfolio, and many are opting to play natural gas as much more than a peak energy pinch hitter.

Source: EIA.gov.

For a real-life example, look no further than Duke Energy Corp. . This North Carolina-based utility recently co-announced a $1.1 billion plan to further cut out coal and boost its natural gas capacity yet again. Duke Energy Corp has already retired 15 coal-fired plants and is currently eyeing an additional five   As Duke Energy Corp Executive Vice President of Market Solutions Lloyd Yates put it:

We’ve developed an innovative plan that’s a “win-win-win” for consumers, the environment and the economy. With the availability and near record low cost of natural gas, this comprehensive project will transform the energy system in the region to meet the growing needs of our customers and significantly reduce emissions and water use. We’re eager to move ahead quickly on these projects and complete the key components of the plan by the end of 2019.

Duke Energy will retire its 376 MW Asheville, N.C., coal power plant, putting up a 650 MW natural gas-fired plant (and accompanying transmission line) in its place. The utility also said it will tack on an undisclosed amount of solar generation, a hat tip to the complementary relationship between solar power and natural gas  .

Energy prices are volatile, but at some point return simply outweighs risk. At current natural gas prices , the new plant will cut operating costs by about 35%. The switch to gas will also essentially eliminate sulfur dioxide, nitrogen oxide, and mercury emissions, as well as water withdrawals. This will go a long way toward keeping Duke Energy in line with the EPA’s Clean Power Plan.

Out with coal, in with gas?
Coal is out, and natural gas is the final nail in its coffin. But loading up on any single energy source has its drawbacks, and investors should look for stocks with forward-looking diversified energy portfolios. Natural gas is a fuel of the future, but it’s not the only one. Keep an eye out for energy opportunities of all sorts, and you’ll be well on your way to creating a stable income-earning portfolio.

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46 Comments on "Natural Gas is Killing Coal"

  1. dashster on Mon, 1st Jun 2015 5:25 am 

    A finite depletable fossil fuel has become the fuel of the future. Not good.

  2. dashster on Mon, 1st Jun 2015 5:35 am 

    Amazing to see non-hydro renewables right there with hydro.

  3. Davy on Mon, 1st Jun 2015 6:31 am 

    It is a mistake for BAU to significantly phase out coal for gas. We do not have enough of either to maintain BAU as the foundational commodity oil goes into depletion and supply destruction. We just do not have the resources to replace coal with gas. We have an existing infrastructure that should be utilized.

    No longer than BAU is going to last retiring perfectly good energy sources for something new that will never pay off to society. This is because of the new construction’s life cycle cost will not be recovered. This is irrational policy from the cornucopians. Gas has not been proven to be cleaner short term because of the huge methane leakage problems that are proven which is another false reason to phase out coal.

    I am all for reducing carbon but this reduction must be made with the understanding we are going to collapse to a lower economic level with any reduction in energy use. This collapse in our economic level will be ugly, painful and deadly. If we think we can have our cake and eat it then you are into fantasy and fictional futures. We should keep what we have and use the existing energy to adjust and mitigate the descent coming likely very soon.

    I doubt we can eliminate carbon enough to save ourselves even with a descent in economic activity. This will likely not drop enough soon enough. Let’s say a collapse in economic activity will save us on the AGW climate change front it won’t save us on the systematic collapse front. Billions will die shorter lives either way.

    What we need soon is a crisis that forces people out of the poor lifestyles and activities that contribute to carbon emissions and waste vital energy we will need to provide billions food, shelter and vital transport in the emergency ahead. The rebalance of population and consumption needs to happen now.

    Gas is not going to save us. If this crisis is delayed some years and we make many changes away from coal to gas then we could find ourselves in an awkward position of whole cities without gas heat and cooking fuel. We need the diversity of all sources from all economic fossil fuels, to aGW, to efficiency, and to lifestyle changes.

    For all you AGW climate change howlers this is likely going to end soon anyway. You have to balance the amount of deaths that are coming both from AGW climate change and systematic collapse of BAU. Both will be killers. You AGW howlers are wrong to complain about climate change and not acknowledge what the results will be of their prescriptions to save us from AGW.

    Renewables are a dud and false promise. All there is will be less with less in an ugly, painful, and deadly descent. You green and brown cornucopians and you “all I can think about is the status quo sheeples” will be smacked in the head soon. This is a no win situation of less population and consumption with the anticipation of less. Get a grip people and start your individual prepping.

  4. rockman on Mon, 1st Jun 2015 6:45 am 

    I was going to post the data showing how coal isn’t dead in the US and especially globally. But since they were nice enough to post a graph showing just how full of sh*t the title is I won’t have to: coal is producing 30% more electricity than NG in 2015…about the same as 2011. And their projection for 2017: coal is still producing more e- then NG.

    Reminds me the old bit Johnny Carson used to do: Johnny – “The King is dead!!” Ed: “The King lives!!” And then Johnny spits his coffee out.

    And in Texas coal has a seat the royal palace for many decades to come. Partially thanks to the construction of the largest CO2 sequestration project on the planet that will mitigate the second largest source of GHG in the US.

  5. Kenz300 on Mon, 1st Jun 2015 7:06 am 

    Wind, solar and geothermal are growing in use every year. Alternative energy sources are the future. Safer, cleaner and cheaper energy sources.

    ————-

    Renewables Account for 75 Percent of New US Generating Capacity in First Quarter of 2015

    http://www.renewableenergyworld.com/rea/news/article/2015/04/renewables-account-for-75-percent-of-new-us-generating-capacity-in-first-quarter-of-2015

    —————–

    Fossil Fuels Just Lost the Race Against Renewables

    http://www.renewableenergyworld.com/rea/news/article/2015/04/fossil-fuels-just-lost-the-race-against-renewables

  6. paulo1 on Mon, 1st Jun 2015 7:47 am 

    Rock beat me to it.

    Coal will be mined and even converted to liquids in our lifetime. At least it will be if the population remains this high.

  7. GregT on Mon, 1st Jun 2015 9:15 am 

    Natural gas is killing coal, just like oil killed coal, or coal killed burning wood. We are currently adding 1 million more people to the planet every 5 days, and continue to attempt to grow the world’s economies, exponentially. We will continue to burn more of everything that we can get our hands on, until our economies and our populations go into decline. The most profitable, higher energy source will be exhausted first, followed by the next, and then the next, until we are back to burning wood again. Our economies and populations will decline in relationship to the energy available, or the damage we inflict on the environment. Better to invest in arable land, bullets and brass, and a small community of like minded individuals.

  8. Nony on Mon, 1st Jun 2015 10:07 am 

    Natgas is at $2.64 HH right now. And well below $2 in the Marcellus. And that’s with a 40% increase in volume the last few years (not a demand drop low price, the opposite). So much for Art Berman saying shale needed $8+ back in 2009-2010. So much for him dismissing the Marcellus…

  9. GregT on Mon, 1st Jun 2015 10:13 am 

    That’s great news Nony. Woot woot! Fucking idiot.

    In other less than great news:

    “Arctic methane skyrocketing”

    https://www.youtube.com/watch?v=p2ckkxEnWpA

  10. joe on Mon, 1st Jun 2015 10:24 am 

    Eternal growth paradigm makes all attempts at balancing our economy thermodynamically pointless. 0% growth at current levels ensures climate change. 2% global growth ensures we need 4 new Saudi Arabias just to keep going, there is just not enough of the stuff in our price range, at 150pb we need to have massive QE forever, that’s going to cause inflation not seen since post 1929. Gas might be fracked at that price, but growth is out the windows. We are reaching a plateau in the current model. Next Africa? Let’s industrialise Africa and see if there is enough to go around. Such a project would no doubt make climate change the worst it can be. If we halt growth now, we save something, worth having. If we turn the clock back then things would need to be carefully managed.

  11. Perk Earl on Mon, 1st Jun 2015 12:07 pm 

    Very interesting and current link on methane spiking, GregT. Those temperature anomalies in the Pacific, particularly off the west coast and just off of Alaska help explain the high temps in that region so far this Spring. In fact I was struck by temp anomalies worldwide in the oceans.

    His point too about India with 2000+ heat related deaths with only a small temp anomaly vs. some other parts of the world with much higher temp anomalies; as he suggests what if a really high temp anomaly hit India during the pre-monsoonal hot period then how many would perish? We may not be many years from headlines of tens of thousands dying in Indian heatwaves.

    Those charts showing the methane spiking is cause for great concern. The feedback loop of increasing methane emissions raising temps, melting permafrost and ice appears to be starting a dramatic rise.

    I had been wondering if methane was spiking in recent years so it was informative to get an up to date view of what is going on, but also not surprising as the number of wildfires in northern Canada and Siberia are also beginning to spike.

    These timelines that are tossed about to make drastic changes to CO2 and methane emissions are way too far into the future. The situation is grave and happening now. If people cannot see that global weather is beginning to spike out of control then their as dense as a life-form with no 3rd brain layer neo-cortex brain function. Or at least that part of their brain is inactive because the evidence is overwhelming at this point.

  12. Plantagenet on Mon, 1st Jun 2015 12:21 pm 

    Thanks to fracking the price of NG collapsed due to an NG glut.

    No wonder coal-fired plants are switching to NG—its CHEAPER!

  13. GregT on Mon, 1st Jun 2015 12:23 pm 

    I won’t take credit for the link Perk, Apnea provided it yesterday. He also provided links to Dr. Peter Ward.

    Dr. Ward believes that when the ocean currents stall due to water temperature equilibrium between the poles and the equator, the oceans will no longer mix and will become anoxic at depth. Soon afterwards the planet will be inundated with hydrogen sulphide. He says that the oceans will turn purple, the skies will become green, and life as we know it will cease to exist. His thoughts are not highly contested amongst the scientific community. The warming that we see in the oceans right now should be of great concern, but people are generally not paying attention.

    https://www.youtube.com/watch?v=AgMMUC6Trrw

  14. GregT on Mon, 1st Jun 2015 12:31 pm 

    A big part of the reason that we are headed for a mass extinction event, is that we are surrounded by ‘individuals’ like the one above my last post.

    They act as though life is one big joke. Sadly, I don’t see many laughing it up any more, much sooner than later.

  15. Perk Earl on Mon, 1st Jun 2015 12:51 pm 

    Well GregT, my hats off to Ap for the many environmental links and info. he has posted and for the repost by yourself.

    “Dr. Ward believes that when the ocean currents stall due to water temperature equilibrium between the poles and the equator, the oceans will no longer mix and will become anoxic at depth.”

    I’ve watched numerous utube videos on climate change and one of the conjectures for years now has been the idea of the 3 weather cells (arctic, mid latitude and tropics) melding into one weather system. We can see evidence of that happening with the jet stream stalling into compressed elongated flows. Right now it’s warmer in Fairbanks, AK than it is here in No. CA.

    “…oceans will turn purple, the skies will become green…”

    Not good colors.

  16. Davy on Mon, 1st Jun 2015 12:57 pm 

    Perk, we have been abnormally cool here in MO. It has rain almost everyday this month.

  17. Plantagenet on Mon, 1st Jun 2015 1:09 pm 

    Daver, your cooling in Mo is part of global warming. As the jet stream becomes more convoluted, we see more extremes in weather.

    Cheers!

  18. GregT on Mon, 1st Jun 2015 1:23 pm 

    “Right now it’s warmer in Fairbanks, AK than it is here in No. CA.”

    It’s expected that due to the albedo effect, Northern latitudes will be the first to go.

  19. Plantagenet on Mon, 1st Jun 2015 1:29 pm 

    Actually, its not warmer in Alaska then it is in California right now. Its snowing this morning over the Brooks Range and in the 30s over large parts of the rest of Alaska—-a major cold low pressure system has just blown in from the pole.

  20. GregT on Mon, 1st Jun 2015 1:54 pm 

    Actually, in Nome Alaska it is currently 59’F and in Arcata, Northern California, 2,300 miles to the south, it is currently 56’F.

  21. Perk Earl on Mon, 1st Jun 2015 1:55 pm 

    Oops, just looked an it has cooled in Fairbanks. Davy, not referring to entire world at all times.

  22. GregT on Mon, 1st Jun 2015 1:59 pm 

    Oh, and way down here just north of the United States proper, in Vancouver BC Canada, it is 74’F.

  23. nony on Mon, 1st Jun 2015 2:11 pm 

    Greg are you worried that we are running out of ff or worried that we are not?

  24. Apneaman on Mon, 1st Jun 2015 2:13 pm 

    Weather dispatch from Wrangell, Alaska: Drought in the rainforest?
    As Southwest states were pummeled with rain, Southeast Alaska dries out.

    http://www.hcn.org/articles/drought-in-the-rainforest

  25. Apneaman on Mon, 1st Jun 2015 2:17 pm 

    Arctic Methane Alert — Ramp-Up at Numerous Reporting Stations Shows Signature of an Amplifying Feedback

    Over the past few months, reporting stations around the Arctic have shown a ramping rate of atmospheric methane accumulation. The curves in the graphs are steepening, hinting at a growing release of methane from a warming Arctic environment.

    https://robertscribbler.wordpress.com/2015/06/01/arctic-methane-alert-ramp-up-at-numerous-reporting-stations-shows-signature-of-an-amplifying-feedback/

  26. Davy on Mon, 1st Jun 2015 2:37 pm 

    Planter, I understand AGW climate change and I have read several books on the effects for my region including your mention of the jet stream. This morning it was 52 here so I beat Alaska and California.

  27. Plantagenet on Mon, 1st Jun 2015 3:01 pm 

    We’vre having a record run of warm temps here in Alaska—record warm May with temps hitting over 90 in Fort Yukon.

    But all good things must end—-the jet stream is now so convoluted its blasting due south from the North Pole into Alaska, so we are temporarily getting cold—-very high winds on Denali and 6-12 inches of snow right now.

    see the jet stream: http://earth.nullschool.net/#current/wind/isobaric/500hPa/orthographic=-152.41,52.83,391

  28. Speculawyer on Mon, 1st Jun 2015 4:24 pm 

    “I was going to post the data showing how coal isn’t dead in the US and especially globally. But since they were nice enough to post a graph showing just how full of sh*t the title is I won’t have to”

    But surely you can see the long term trend of coal going downward while natural gas and ‘other renewables’ are both going upward. Coal is not dead, but it is dying. The sooner the better.

  29. GregT on Mon, 1st Jun 2015 4:57 pm 

    Nony,

    “Greg are you worried that we are running out of ff or worried that we are not?”

    We are not running out of fossil fuels Nony. PO was never about running out. I would hope that you already understand that. We have more than enough fossil fuels left to cause a global mass extinction event. What we ARE running out of, are the fossil fuels with the energy content and the affordability that our society has been built upon. The fossil fuels that will allow the continuation of growth necessary to maintain our ponzi schemed financial and monetary systems. We are also running out of water resources, we are running out of arable land, we are running out fish in the oceans, and we are running out of time to change course before we reach a dead end.

    Myself personally, I already have plans well in effect to ‘opt out’ of the system. So I am not nearly as concerned with the coming disintegration of modern industrial society, as I am with the collapse of the Earth’s ecosystems. I have children Nony, and will soon have a grandchild. I am more concerned with leaving a healthy planet for future generations, than I am about amassing large quantities of consumer stuff for myself.

  30. GregT on Mon, 1st Jun 2015 5:47 pm 

    “Russians Ask Putin “Annex Us State of Alaska, It Is Ours”, Putin Responds “Not Yet, It’s Still Too Cold”

    Climate change could make Alaska more desirable for a Russian invasion.

    http://topekasnews.com/russians-ask-putin-annex-us-state-alaska-putin-responds-yet-still-cold/

  31. GregT on Mon, 1st Jun 2015 5:50 pm 

    Pray for cold planter, pray for cold…….

  32. dissident on Mon, 1st Jun 2015 6:47 pm 

    It is Russia that should be worried about a NATO invasion.

    As for coal, I thought the USA was going to replace Russia as the EU’s natural gas supplier. You can’t have your cake and eat too, Uncle Sam.

  33. Makati1 on Mon, 1st Jun 2015 6:52 pm 

    Rockman, you are correct. Coal is here to stay until it too is not profitable to mine and consume. ALL energy sources will be maxed out until we have the extinction event, or at least a total collapse of the globalized financial system that curtails it’s use.

    World coal consumption in 2014 was about 4,000,000,000 tons. The US consumed about 10% of that and China 45% (but about equal, per capita.) Most was produced and consumed in the Asia Pacific region.

    BTW: Philippines coal consumption: ~10,000,000 tons in 2014 or ~8%, per capita, as the US.

    http://www.bp.com/content/dam/bp/pdf/Energy-economics/statistical-review-2014/BP-statistical-review-of-world-energy-2014-coal-section.pdf

  34. GregT on Mon, 1st Jun 2015 7:10 pm 

    “So the possibility is there now that the Greeks will simply default on the entire debt. If I was the Greek government that is exactly what I would do. I would tell the West:

    “You’re trying to drive us into the ground — to force starvation on the Greek people. You go to hell, we’re not paying you one nickel. In fact, we’re not having anything else to do with you. We’re out of NATO, we’re out of the EU, we’ve got our own currency back, and if we need any financing, our Russian friends are going to finance us.”

    That Would Set Off A Chain Reaction In The West

    Now this would begin the breakup of NATO, which is necessary if there is to be peace in the world. There can be no peace as long as NATO exists because NATO is a mercenary force for Washington’s aggressions. And without NATO, Washington doesn’t have any cover.

    Well, if they lose the cover of Europe, Washington is standing there alone in its aggression. So the minute NATO were to breakup, the threat of war with Russia and China would be over because Washington alone wouldn’t be able to pursue this type of enterprise.”

    http://kingworldnews.com/paul-craig-roberts-as-greece-pivots-putin-unleashing-ultimate-move-to-crush-the-eu-and-nato/

    The oligarchs in DC made a foolish mistake in attempting to force Russia’s hand in Ukraine. The Europeans know which side their bread is buttered on. NATO is a dead man walking.

  35. Apneaman on Mon, 1st Jun 2015 7:53 pm 

    The 10 Billion Tons of Coal That Could Erase Obama’s Progress on Climate Change

    http://motherboard.vice.com/read/the-10-billion-tons-of-coal-that-could-erase-obamas-progress-on-climate-change?trk_source=recommended

  36. redpill on Mon, 1st Jun 2015 8:02 pm 

    dissident, you care to make a reasoned case for how NATO is/was plotting to invade Russia?

    GregT, are you 12 years old? kingworldnews, really?

    Be pro-Russian, fine. To think what the Russian people could achieve if freed from the Big-Man style of governance and the jaw dropping corruption. It’s a shame.

    But go ahead Greg and participate in the media propaganda if it earns you a paycheck.

    Really, kingworldnews?

  37. dashster on Mon, 1st Jun 2015 9:54 pm 

    The Post Carbon Institute sees fracking gas peaking around the same time fracking oil does – 2020 or so. If that were to happen that will certainly throw a large wrench into the plans to switch from coal to natural gas and to simultaneously export natural gas.

  38. Apneaman on Tue, 2nd Jun 2015 12:10 am 

    China Is Building a “Coal Base” the Size of LA

    http://motherboard.vice.com/blog/theres-a-coal-base-in-china-the-size-of-la

  39. Makati1 on Tue, 2nd Jun 2015 1:49 am 

    It appears that redpill is guilty of his own accusations. If I read his comment correctly he is spouting pure Empire of Chaos propaganda.

    P.C.R., the author, is found in many websites today because he has a better picture of reality than most and is not owned by the MSM6. Do you doubt that Russia has been tempting Greece out of the EU and NATO because it will cause a flood of exits by other EU/NATO members who are being crushed under the unelected banksters running the EU and the war mongering NATO generals? I see the move by Russia as brilliant. but then, they have been steps ahead of the West for a long time, as is China.

    I have a SF novel that portrays the US as an isolated country, barricaded behind high trade and military walls after being forced to withdraw from all over the world by financial collapse external pressure. Never thought I would see it happen, but…

  40. Kenz300 on Tue, 2nd Jun 2015 6:24 am 

    If the world is to have any hope of dealing with Climate Change there needs to be an end to building any more coal fired power plants and the oldest ones need to begin to be fazed out.

    All coal fired electricity can be replaced with wind, solar and geothermal with battery storage over time.

  41. Davy on Tue, 2nd Jun 2015 6:40 am 

    Mak is the pot calling the kettle black. Mak, you are one endless spew of agendist propaganda. Your sources are just as corrupted by propaganda as the ones you accuse of the same. Anytime you are put on the spot we get the usual copy and paste response of “your sources are propaganda and mine are the truth. I have seen many of your comments against the west that when applied to Asia and your beloved Philippines shows you in a very poor light.

    I love when there is a population article you try to dismiss overpopulation. The reason you do this is because of the gross overshoot of Asia and your beloved Philippines. As for governance your supper heroes China, Russia, Iran, and North Korea are off the chart with bad governance. The rest of your beloved Bric countries are corrupt and inept.

    You have a valid argument criticizing the US on multiple levels where you are wrong is your hypocrisy of any of the same with your supper heroes. This is true of the rest of the anti-Americans here but you are off the chart with this slime.

    It was so nice when you were off the board for a couple of weeks. We had constructive anti-American establishment discussions. Then you get back and you whip up the anti-American sentiment into a frenzy from you divisive and distorted comments. You are truly a vile person because you are spreading distortions and selective use of facts to satisfy a personal attacks because of resentment from a failed life in the US. What do you have to show for 70 years there? a social security check. You have a family but you deserted them as a coward would. You took your supposed leaky lifeboat and left your supposed sinking ship. You are off to a ship that is in worse shape than America.

  42. GregT on Tue, 2nd Jun 2015 9:41 am 

    Redpill,

    The MSM in North America is completely controlled by the corporate global elite. If you choose to buy into the propaganda that most others so blindfully do, aren’t capable of thinking for yourself, and believe that the world is black and white, ( bad and good) then it is you that is acting like a 12 year old. There is far more going on in the world than what is being fed to you on corporate television. Now, back to your regularly scheduled programming………

  43. dissident on Tue, 2nd Jun 2015 5:08 pm 

    Somebody asked why NATO would attack Russia. Ask NATO. I just have empirical observations to go by. The historical drang nach osten clearly has not gone away. There is a frenzy of effort by NATO to ring Russia with military bases and ABM installations. The ABM system’s sole purpose is to render Russia’s nuclear arsenal useless and thus giving NATO the option of first nuclear strike on Russia. These are obvious war preparations since they serve exactly zero peace time purpose.

    In addition we have the open attempt by Washington, NATO puppet master, to stage colour revolution in Russia itself and the 24/7 propaganda campaign in the NATO media aimed at Russia. Supposedly the coup against a duly elected government in Kiev is supposed to be the expression of “democratic will” that Russia is interfering with by not allowing the Banderites (who worship Nazi butcher Stepan Bandera) who have seized power in Ukraine to wipe out 7 million ethnic Russians in the country. (They are there because Lenin gave them as a gift along with their lands to the Soviet-created “republic” called Ukraine).

  44. GregT on Tue, 2nd Jun 2015 5:57 pm 

    Diss has clearly done his homework.

    A+

  45. Davy on Tue, 2nd Jun 2015 7:53 pm 

    Dissy said “The ABM system’s sole purpose is to render Russia’s nuclear arsenal useless and thus giving NATO the option of first nuclear strike on Russia.” Dissy, maybe you need to go back to school on military hardware. The ABM system will have very little effect on the Russian arsenal. The Russian NUK arsenal is too big and diverse for any ABM system. It may be effective for a limited strike or a tactical strike but not the Big Kahuna.

    You are correct about Nato playing games with Russia but Russia has been playing their own games of late. Putin is very militarist now. He is hell bent on rearming Russia. The Russians are probing Nato’s defenses constantly. Nato is conducting exercises themselves. We would have to say both sides are at the game so pointing fingers at Nato is a joke.

    I really get tired of the anti-Americans and their crocodile tears for poor Russia. Nato and American do not have the means to attack Russia so get that out of your head. Russia is a mafia nation and plenty dangerous to world peace. I will say here and now so the anti-Americans don’t get their panties in a wad “The US is the greatest threat to world peace now because of the current political leadership overt and covert.” Now you feel better now Dissy.

  46. Nony on Wed, 3rd Jun 2015 5:15 am 

    Ohio natgas production was over 2bcf/day in 1Q2015. That is more than doubled versus a year ago. SHALE GALE!!!

    http://www.naturalgasintel.com/articles/102500-ohio-shale-wells-report-increased-oil-production-in-first-quarter

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