Holman Jenkins

20Apr

Price Spikes and Renewed Urgency to Maintain Fuel Optionality

On Monday, U.S. natural gas prices surged above $8 per million British thermal units, four times what they were before the pandemic, and a level not seen since 2008. With energy-driven inflation front-of-mind for voters and a deepening risk to the economy, the arrival of a painfully expensive new natural gas normal is only heightening […]
12Jan

The Loss of Dispatchable Fuel Diversity Reverberates in Europe

U.S. coal generation came roaring back last year, rebounding 17% from 2020 and grabbing market share from higher priced natural gas. The U.S. coal fleet is proving to be an invaluable price shock absorber amid energy-driven inflation here at home and coal is also an equally important missing price shock absorber in Europe. The U.S. […]