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2022 | OriginalPaper | Buchkapitel

4. The Canal of Panama and the Natural Gas Revolution

verfasst von : Andrew R. Thomas

Erschienen in: The Canal of Panama and Globalization

Verlag: Springer International Publishing

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Abstract

By nearly every measure, the operation of the Canal since 2000 has been a tremendous success for Panama and the global economy. In fiscal year 2021 (October), a record amount of tonnage passed through the Canal. This was more than a 10% increase over fiscal year 2019, which was prior to the COVID-19 pandemic. Despite massive interruptions in global supply chains resulting from measures in response to the virus, the Canal saw increases in the different kinds of cargo that it handles. 2021 also witnessed the continued growth of the Canal’s fastest rising segments: liquid natural gas (LNG), which rose by more than 30% over 2019, and natural gas liquids (NGLs), which rose by more than 20%.

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Vorheriges Kapitel A Success Story: Made in Panama

Nächstes Kapitel Macro-trends Impacting the Future of the Canal and Globalization

Henry Cardenas P. “El Canal de Panamá registra récord de tonelaje, 10% más que en 2019” La Prensa October 28, 2021, https://www.prensa.com/economia/el-canal-de-panama-registra-record-de-tonelaje-10-mas-que-en-2019/ Accessed January 31, 2022.

Larry Fink’s 2022 Letter to CEOs “The Power of Capitalism” https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter# Accessed January 31, 2022.

EU Commission “EU Taxonomy: Commission begins expert consultations on Complementary Delegated Act covering certain nuclear and gas activities” Press Release, January 1, 2022 https://ec.europa.eu/commission/presscorner/detail/en/ip_22_2 Accessed January 31, 2022.

Robert Bryce Gusher of Lies: The Dangerous Delusions of Energy Independence (2008, Public Affairs) p. 6.

For a good history of the development of the smartphone see Elizabeth Woyke’s The Smartphone: Anatomy of an Industry (New Press, 2014).

Mark Kurlansky Salt: A World History (Knopf Canada, 2011), p. 8.

Elias Howard Sellards “Occurrence and Use of Artesian and Other Underground Water” Issue 89 of Bulletin (University of Florida Agricultural Experiment Station, 1907), p. 107.

Pierre Hyacinthe Azais Explanation and History of the Artesian Well of Grenelle (University of Chicago, 1845), p. 9.

David A. Waples The Natural Gas Industry in Appalachia: A History from the First Discovery to the Tapping of the Marcellus Shale, 2nd ed. (McFarland, 2012), p. 124.

John James McLaurin Sketches in Crude Oil: Some Accidents and Incidents of the Petroleum Development in All Parts of the Globe (Publisher: Author, 1896), p. 334.

Darlene R. Stille Sedimentary Rocks: A Record of Earth’s History Exploring (Capstone, 2008) p. 4.

Ibid., p. 17.

Energy4me.org “Petroleum and Natural Gas” http://energy4me.org/all-about-energy/what-is- energy/energy-sources/petroleum/ Accessed January 2, 2022.

American Oil & Gas Historical Society, “Shooters” – a fracking history”, https://aoghs.org/technology/hydraulic-fracturing/ Accessed, January 6, 2022.

Ibid.

Russell Gold The Boom: How Fracking Ignited the American Energy Revolution and Changed the World (Simon and Schuster, 2015), p. 115–117.

Ohio Oil and Gas Association “Ohio Shale Plays” http://www.ooga.org/?page=OhioShalePlays. Accessed January 22, 2022.

David Blackmon “Horizontal Drilling: A Technological Marvel Ignored”, Forbes, January 28, 2013, https://www.forbes.com/sites/davidblackmon/2013/01/28/horizontal-drilling-a-technological-marvel-ignored/#1aec4e326f11 Accessed January 6, 2022.

Ibid.

U.S. Department of Energy “Natural Gas Liquids Primer with a Focus on the Appalachian Region” December 2017, p. 2–4. https://www.energy.gov/sites/prod/files/2017/12/f46/NGL%20Primer.pdf Accessed January 24, 2022.

U.S. Energy Information Administration “Export of Petroleum and Liquids 2015–2020” https://www.eia.gov/dnav/pet/PET_MOVE_EXP_A_EPL2_EEX_MBBLPD_A.htm Accessed February 5, 2022.

Matthew V. Veazey “Views from the Crest of LNG’s Second Wave: NextDecade’s Kathleen Eisbrenner” Rigzone.com November 01, 2017, https://www.rigzone.com/news/views_from_the_crest_of_lngs_second_wave_nextdecades_kathleen_eisbrenner-01-nov-2017-152299-article/ accessed January 28, 2022.

Ibid.

Matthew V. Veazey “Views from the Crest of LNG’s Second Wave: LNGL’s John Baguley” Rigzone.com Nov 2, 2017, https://www.rigzone.com/news/views_from_the_crest_of_lngs_second_wave_lngls_john_baguley-02-nov-2017-152322-article/. Accessed January 28, 2022.

Ibid.

Charles R. Morris Comeback: America’s New Economic Boom (Public Affairs, 2013) p. 36.

Comments by Professor Vaclav Smil at the Credit Suisse-sponsored “APAC ESG Conference 2021: Powering the transition” October 20, 2021.

Ibid.

Titel: The Canal of Panama and the Natural Gas Revolution
verfasst von: Andrew R. Thomas
Verlag: Springer International Publishing
Buch: The Canal of Panama and Globalization
Print ISBN: 978-3-031-05151-7

Electronic ISBN: 978-3-031-05152-4

Copyright-Jahr: 2022
DOI: https://doi.org/10.1007/978-3-031-05152-4_4

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