Matthew Smith
speaker
466 appearances
1 recordings
1 series
first heard Jul 2026
last heard 21 Jul
Matthew Smith’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
and either leave via LNG export terminals or be consumed in Texas or nearby.
We've already included that in our base case model.
And so that will be one of the pushbacks is there's plenty of gas in the Permian.
But I would posit this may be controversial.
There was plenty of oil in the world before the Iran conflict surfaced.
Eventually there will be oil aplenty again.
That's why it was at $55 a barrel before the Iran conflict.
In order to make more permanent natural gas, you also have to be incentivized to make more permanent oil.
And those incentives didn't exist until Iran.
In order to produce a lot more Permian gas than even these seven plus BCFA pipelines being built that we're already modeling, you'd need much, much higher oil for longer, which only exacerbates this consumer crisis that we are concerned about.
So we don't think the Permian solves the problem.
And then the other one is, well, you can locate a bunch of behind the meter local Permian power generation, which is happening, but we are modeling what has been announced and proposed.
And if it's going to consume local Permian gas, that means it's not going to make it into the pipeline downstream.
We can accommodate that with our model.
In any case, we always try to think about technologies that can disrupt, change structurally the need and consumption of natural gas.
And so it often leads us to focus on battery technologies.
There's sodium and other battery technologies that are currently not commercial, but folks are getting a bit more enthusiastic about.
The vast majority of economic battery deployment today is lithium ion.
It has a fairly fast discharge cycle.
Those are being deployed in earnest across the system.
Showing 341–360 of 466 · page 18 of 24
← Previous
Next →