Beam me to Planet Gore !
Posted on 01/21/2011 8:16:37 AM PST by Ernest_at_the_Beach
IEA: Natural Gas Can Supply World For 250 Years
Supplies of natural gas could last more than 250 years if Asian and European economies follow the U.S. unconventional reserves, the IEA said.
The abundance of shale gas and other forms of so-called unconventional gas discovered in the United States prompted a global rush to explore for the new resource.
The International Energy Agency said Australia is taking the lead in the push toward unconventional gas, though China, India and Indonesia are close behind. European companies are taking preliminary steps to unlock unconventional gas as are other regions.
“Production of ‘unconventional’ gas in the U.S. has rocketed in the past few years, going beyond even the most optimistic forecasts,” said Anne-Sophie Corbeau, a gas analyst at the IEA. “It is no wonder that its success has sparked such international interest.”
Shale gas production in the United States is booming and the IEA estimates that unconventional gas makes up around 12 percent of the global supply.
Global supplies of natural gas could last for another 130 years at current consumption rates. That time frame could double with unconventional gas, the IEA said.
“Despite the many uncertainties associated with production, countries are still prepared to take risks and invest time and money in exploration and production, because of the potential long-term benefits,” Corbeau said.
from the GWPF
Typical for NY. Then the idiot voters keep electing liberals promising more jobs.
Upstate is becoming a ghost town.
The cards are stacked against the the oil/gas drilling companies that is for sure.
How does Sarah Palin control the Alberta Sands? Or, the greater Prudhoe Bay district? That would take an act of Congress. I understand what you meant, you just worded it rather vague. (no offense.)
As President you mean?...
Answer: BULLY PULPIT.. as President she can generate needed discussions....
that would normally never be allowed to happen..
There are many discussions that have been disallowed to happen..
1) Federal reserve audit..
2) The differences between capitalism and socialism..
3) The suicidal tendencies of federal government worker unions..
4) An honest look at socialism and democracy and the link between them...
5) What causes global warming, all the causes..
6) Abortion, are babies people?..
7) Why does American schools NOT work?..
8) Why is it almost impossible to be a conservative professor in Americas academia?..
9) Why are democrats, socialists, and communists on the same ideological page?..
10) and many other discussions that will not happen otherwise..
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.