Gas Price Heat Maps

GasBuddy News Article

votes

The 100 Year N. Gas Myth

SeekingAlpha.com -- by Eamon Keane

It's difficult to read an article on natural gas without the mention of the US' 100 years of natural gas supply. It forms the basis of suggestions for a scaling up of the natural gas intensity of transport and power generation. I'll look at the evidence here.

Excerpts

The Potential Gas Committee (PGC) arrived at similar figures. The 100 year figure originates from their latest report. The PGC figures say nothing about when and at what cost natural gas resources will be produced.

"I think it might not be a bad idea to examine the faith-based assumption that the US has a virtually unlimited supply of natural gas from shale formations that can be extracted at a low price for the indefinite future."

Read the Full Article

Submitted Mar 13, 2010 By: UncleCurt

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics Post New Topic

Author	Topic: The 100 Year N. Gas Myth	Post a Reply Back to Topics

REPLIES (newest first)

First Prev

Last

EVBuddy Champion Author Nevada Posts:11,714 Points:2,061,210 Joined:Sep 2004	Message Posted: Mar 13, 2010 5:48:35 PM Ignore EVBuddy Report Abuse With a growing supply of electricity from renewable sources, electricity is the key.
nimpy Champion Author Indianapolis Posts:4,127 Points:894,770 Joined:Oct 2007	Message Posted: Mar 13, 2010 5:46:24 PM Ignore nimpy Report Abuse They want to run anything with anything
Rt118E Champion Author Pennsylvania Posts:3,110 Points:398,390 Joined:Jun 2009	Message Posted: Mar 13, 2010 5:40:59 PM Ignore Rt118E Report Abuse We will soon be using all kinds of fuel to run vehicles.
HailstormCA Champion Author San Diego Posts:3,482 Points:609,175 Joined:Nov 2008	Message Posted: Mar 13, 2010 5:34:02 PM Ignore HailstormCA Report Abuse Another vaporware type report. Let's make use of the resource.
kbierley Champion Author Dayton Posts:8,644 Points:1,073,885 Joined:Nov 2003	Message Posted: Mar 13, 2010 5:33:51 PM Ignore kbierley Report Abuse Cab we still drill for more?
rimpyCA Champion Author Los Angeles Posts:1,550 Points:325,325 Joined:Aug 2009	Message Posted: Mar 13, 2010 5:20:11 PM Ignore rimpyCA Report Abuse any change in gas prices with that