Forum Discussion
Bert_Ackerman
Sep 17, 2019Explorer
ShinerBock wrote:
Why are there less plants using coal? Because natural gas is cheaper.
Why is natural gas cheaper? Because it is a byproduct of fracing for oil.
What will happen as more EV's on the road? Less oil is needed.
What happens when less oil is being freced? Less natural gas being produced causing prices to increase.
What happens when the price of natural gas cost more than coal? Power plants will start using coal again.
Its all connected.
Sort of.
Coal plants are closed because they're old and at the end of their useful life. Newer ones are upgraded not closed. You don't sink millions of dollars into upgrading power plants like Homer City PA units one and two which will still be burning coal, because you're going to close it in 5 years.
Not any oil in the Marcellus fields of OH,PA,NY,WV., it changed the model.
A billion dollar Ethane Cracker being built for Shell, two others in permitting. Multiple gas fired generating stations being built, or in the permit process. The pipelines to connect all of it have been going in for the last 10 years including the ones to east coast ports for export. All you see are waterbottles and sandboxes on the road for the fracking, if you need to hire a CDL driver you're basically SOL. It's estimated a 120+ year supply for the US. Below that is the Utica shale, supposedly bigger just harder to get at.
A lot of younger folks with initiative making $150K and up per year without a degree , although they're working 60+ hours a week or more to do so. No ones arguing about EV opinions on the interent, It's the real world around there, not the west coast.
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