I seem to recall some 2% as the figure. Right now nitrogen fixation has shifted to locations with lowest natgas/energy prices. Overall production volume is lower and the price is high enough to price out poorer customers. So this should reduce total yield and protein quality. It might already be happening.
Peak tight resource extraction is murky, Art Berman got sidelined with higher rig productivity and lower price and rig count before. I am agnostic at the moment.
i believe the 2% figure is global agricultures total energy usage out of total global energy supply. the 5% is more specifically fertilizer from natural gas supply.
fertilizer prices have come back down again, but yeah any time price rises the cost rapidly prices out marginal producers and the consumers at the bottom of the socioeconomic ladder.
I know eurozone fertilizer production seems utterly fucked without access to the cheap russian gas. USA is booming with pipelines and new ammonia production facilities .
I seem to recall some 2% as the figure. Right now nitrogen fixation has shifted to locations with lowest natgas/energy prices. Overall production volume is lower and the price is high enough to price out poorer customers. So this should reduce total yield and protein quality. It might already be happening.
Peak tight resource extraction is murky, Art Berman got sidelined with higher rig productivity and lower price and rig count before. I am agnostic at the moment.
i believe the 2% figure is global agricultures total energy usage out of total global energy supply. the 5% is more specifically fertilizer from natural gas supply.
fertilizer prices have come back down again, but yeah any time price rises the cost rapidly prices out marginal producers and the consumers at the bottom of the socioeconomic ladder.
I know eurozone fertilizer production seems utterly fucked without access to the cheap russian gas. USA is booming with pipelines and new ammonia production facilities .