Record-high U.S. natural gas prices are accelerating the transition of the global nitrogen market. Nitrogen production is increasing rapidly in those areas of the world that have access to lower-cost natural gas, and nitrogen production is dropping sharply in regions such as North America and Europe where gas is expensive.
Mike Rahm
Related The fact that much of our supply of nitrogen fertilizers is imported should somewhat buffer the dire... ALAN MILLER We think we've seen the last of those effects, as natural gas and nitrogen prices have now returned ... MICHAEL BENNETT Natural gas production in the U.S is still not back up to 100 percent, and gas is the most commonly ... GERARD BURG The U.S. natural-gas market is essentially a North American market with almost all of the gas coming... JAMES WILLIAMS Nitrogen levels in the soil are high after peas. When wheat is planted next, it gains the nitrogen l... DR. JED WADDELL When I worked in astronomy, I routinely observed young college and university students working with ... STEVEN MAGEE Despite these recent price drops, the commodity cost of natural gas prices is higher now than it has... CHARLES RAWSON Warmer than expected weather in key Canadian and United States heating regions has resulted in a dec... LINO LUISON It's often said there is not one world market for natural gas, but three regional markets, Europe, N... FRANCIS PERRIN Our fertilizer products come from natural gas, so our price of nitrogen fertilizer has gone through ... KEVIN ROGERS North American natural gas is dependent on what happens in North America. BART MELEK Nationally, production is down and demand is up compared to last year. In addition, many regions of ... CAROL THORP Market prices are continuing to soften for natural gas (nationwide). You see that show up in electri... CLAUDIA RAPKOCH Certainly whenever the province is getting high royalties as a result of high natural gas prices on ... HUGH MACDONALD Diversification of supply is a critical component of the natural gas equation. There is no question ... KEN STERN This is the perfect time for consumers to do something about the high cost of gas. It's the battle o... JAY WALKER This is the perfect time for consumers to do something about the high cost of gas, ... It's the batt... JAY WALKER During my time in high altitude astronomy, I routinely witnessed workers breathing medical oxygen, i... STEVEN MAGEE Most of the production growth now is from gas, and gas is at a much lower price than oil. ADRIAN JACKSON We are increasing gas supplies to the Russian-Ukrainian border on practically a daily basis, but the... ALEXEI MILLER In high altitude astronomical facilities we routinely discharged large amounts of nitrogen gas into ... STEVEN MAGEE We are already witnessing a transformation in the U.S. economy to increased production of lower carb... MARTIN O'MALLEY I have repeated my opinion on natural gas more than once. It is unacceptable for a transitional econ... ARSENIY YATSENYUK Our actions today demonstrate our commitment to high safety standards. New England is facing a winte... JOSEPH KELLIHER The month-to-month gas price hike was driven primarily by increasing oil prices and speculation over... CAROL THORP The issue is not the supply of crude oil. Where there is an issue is natural gas in the U.S. DANIEL BARCELO Crude oil is a global market unlike natural gas. We are almost an island when it comes to gas, with ... NEIL GAMSON Spring is the best time to go looking. Prices tend to be lower, the demand is lower. Power purchase ... BOB ROMANCHECK Under natural conditions, the soil does not lose its fixed nitrogen. FRITZ HABER Natural-gas prices have been hovering around $7, which is much closer to their long-term average. Mo... BEN WEAGRAFF Finally, we should help developing nations like China and India curb their exponentially increasing ... BOBBY JINDAL Mr. Speaker, high natural gas prices and the summer spike in gasoline prices serve as a stark remind... JUDY BIGGERT Natural gas is the best transportation fuel. It's better than gasoline or diesel. It's clean... T. BOONE PICKENS America's natural gas companies have been fined over two-billion dollars in the last three years for... TYSON SLOCUM We're in the same circumstance as customers where we purchase the natural gas on the commodity marke... ALLAN URLIS As we look ahead, we see increasing opportunities for Duke in natural gas - not just for producing e... LYNN GOOD We had two back-to-back hurricanes and then Wilma happened as well, knocking out much of the Gulf of... ALICIA DIXON I'm trying to get the word out about high gas prices, ... Honk 4 lower gas prices. MIKE HOLT Also, the cost of natural gas eased and continues to ease. ALBERTO BIANCHETTI Kimberly-Clark is currently facing a number of global challenges, including commodity cost pressures... JASON GERE We met our partners in Europe, and they are signaling to us that supplies from traditional European ... ALEXEY MILLER Last year was a prosperous year for the group, with strong results underpinned by increased producti... HELGE LUND Prices are high, there is no incentive to hold [gas] back. If you have a gallon of gas, you want to ... BILL BUSH Gas production is a little bit worrisome. Gas production was declining before the hurricane, and we'... GARY LONG The cheapest natural gas in the world is in the United States. T. BOONE PICKENS Still, Russia and Saudi Arabia are the ballgame in world oil production. People got worried that if ... HENRY GROPPE In a year of record high gas prices, we grew in-store sales. This goes to prove the theory that cust... GREG PARKER Recent hurricane damage in the U.S. has impacted natural gas more than any other energy market. BARCLAYS CAPITAL The wholesale cost of gas on average was up nearly 42 cents per gallon. In some areas as high as 60 ... BILL WALLJASPER Two very serious hurricanes ripped through the Gulf Coast area, and that had a huge disruption on na... LEIGH MORRIS I have some real grievances on this issue, ... We have pushed for years to get a natural gas pipelin... TOM HARKIN The bottom line: we have lost a significant share of our natural gas supply, and imports cannot offs... JOSEPH KELLIHER It's oil and natural gas prices that move the hearts and minds of those following the Canadian dolla... AVERY SHENFELD Among the many important provisions in the energy bill are the creation of an estimated half million... PAUL GILLMOR We wanted to increase production, have better control over the various mix designs we produce, lower... GREG ROHLF It's very difficult for consumers to go to the gas pump and pay record high prices for gas and then ... MARK PRYOR In the early '80s, when natural gas traded below $2 (per thousand cubic feet), it was a big negative... WILLIAM COOPER We use it to heat our building, because natural gas is so expensive. ERIC APFELBACH Crude oil is approaching all-time highs here. That should support natural gas. I don't think natural... BOB YAWGER We do have serious energy needs for the country, we are aware that natural gas is especially in dema... GALE NORTON The fact that natural gas prices are competitive in California has to do with the lasting effects of... SCOTT CLARK Woodside has proven supplies of gas and a proven record of safe delivery. We intend to provide a rel... JANE CUTLER The notion that drilling for natural gas can solve the winter heating problem is a misconception. We... LISA SPEER We are able to lower the gas cost significantly because wholesale prices have been coming down. ALICIA DIXON What explains higher prices is the market, ... Demand has grown in other regions of the country, but... BOB HOWARD Natural gas prices increased across the country, including Alberta. SEBASTIEN LAVOIE Most of (Chevron's) earnings miss was in the upstream and was caused by weak U.S. oil and gas volume... CREDIT SUISSE FIRST BOSTON While the president's proposals to seek new research and development for alternative technologies ar... BARRY RUSSELL This planned sale marks essentially the final step in sharpening the focus on our unparalleled portf... GWYN MORGAN Call it supply constraints or whatever, we have a natural gas market that is tight. We're meeting de... CHRIS MCGILL We expect a colder weather in the next two weeks, so heating oil prices and natural gas prices will ... GORDON KWAN The jump in retail gas prices is partly due to the seasonal production switch from winter- to summer... ROSE ROUGEAU This study shows us that as we continue to push growth in managed forests, we will have to add not j... DANIEL MARKEWITZ Despite the fact that gasoline prices have obviously fallen dramatically from where they peaked afte... AL HUBBARD The future of Venezuela is extra-heavy oil and natural gas. ALI MOSHIRI Modern life would not be possible if it were not for chemicals, nor would modern natural gas product... AUBREY MCCLENDON Natural gas prices have been up and down and all over the place lately. The company, though, seems p... CONNIE WHITE All we are is a lot of talking nitrogen. ARTHUR MILLER Low price of natural gas inputs, provision of world class port services, tax exemption for a renewab... ABDULNABI MACKI Record setting wet weather in key Western Canadian producing regions and industry activity levels in... GWYN MORGAN We expect continued high coal and natural gas prices to provide challenges for our generating busine... CANNING FOK Oil companies are responsibly reflecting the public?s outcry at the pump over gas prices. We have no... CATHERINE ROSSI The current gas price for Ukraine is 230 U.S. dollars per 1,000 cubic meters. Bearing in mind the sh... ALEXEI MILLER This time, it is about a third of our customers and that's unusually high. But it has been an unusua... LARRY GRAHAM Natural gas is the future. It is here. BILL RICHARDSON Pressures are particularly evident in the West where housing prices in local markets such as Riversi... PAUL FERLEY Strictly natural gas and oil, that's what's driving up prices everywhere. DAVID GRAVES Now, I don't expect our government to guarantee us low natural-gas prices. I do expect that our gove... DAN DIMICCO While energy costs still remain high, the warmer than usual weather, which has brought natural gas p... HANK LINGINFELTER Where is it going to be in three years? I'm scared. The price of natural gas has no limits. BOB ROMANCHECK Fifty percent of the electricity generated in Texas is dependent on natural gas. CARLOS SANTOS (Natural gas) prices have come down since they filed (for a rate increase). Hopefully, this filing w... ERIC WITKOSKI Crude oil has had a big part in supporting the natural-gas market. BRUNO STANZIALE We have a surplus of natural gas in inventories. JOSEPH ALLMAN We have seen record levels for natural gas prices. It would have been impossible to predict that cru... BRYAN BRADSHAW Today Ukraine consumes its own natural gas from underground facilities as well as the natural gas fr... IVAN PLACHKOV The reason we're all here is the price of natural gas. BILL PRIOR Odor is one of the major issues. The waste also has a higher nutrient level as blood is rich in prot... DAVE ANDERSON With the commodity prices easing, especially oil and natural gas, the expectation is that the Canadi... CAROLYN KWAN The toxicity of medical and industrial gas to the human depends on where it is used. A gas that is r... STEVEN MAGEE
More Mike Rahm
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