Posted on 02/17/2020 6:13:29 AM PST by ConservativeDude
There is plenty of places you get natural gas without oil, Haynesville Shale it is one place that comes to mind, right out of the ground with almost pure methane, if it wasn’t for the high CO2 you could just about sell it directly into a pipeline but you still need to strip the water and lower the CO2 below 2%
excellent post thank you.
RE: paragraph 1, seems supply will continue to grow as demand grow (ie, more fleets). Price has to go up in order to get the product out of the grow (etc) economically. But as a physical matter, seems gas supply is virtually unlimited (like oil). At least that seems to be the recent history. There’s always always more. A lot more.
RE: paragraph 2, that is super educational. Especially for non-technical people like moi.
RE: paragraph 3, sigh, yes. But we live in a world where the myth seems to have won the future.
Are there any cars that run on LNG? You can get CNG, but that doesn’t have the range.
AFAIK LNG is best only on a long-haul truck.
Around here local busses run on CNG.
No.
Oil is used for a whole lot more than just fuel.
yah, that headline is misleading and inflammatory
it’s talking about a particular use.....
Coal fired power plants have been converting to Natural Gas as quickly as possible.
The bottleneck is in the delays to building more Natural Gas pipelines.
Humm...
How deep is that sea ?
yep
hence the low price for gas, hence the lag in investment in midstream infrastructure......
Seems to me like a great idea right now would be for a business to have an generator run on natural gas. It would cost about the same but you would never be affected by power outages.
Pretty deep. Old oil fields that have watered out often still produce natural gas in commercially worthwhile amounts. According to friends in the energy industry, we have far more than we will be using in the next century plus. And by then we should hopefully finally be on nuclear.
Ummmm... you have just described a standard feature of most IT-related companies’ facilities - backup generators connected to a battery array are de rigeur in many new buildings *now*. These were a standard measure 30 years back for clueful IT, though.
Don’t we get natural gas as part of the process of getting oil? Seems to me this is a silly argument.
Both LNG and Hydrogen are interesting alternatives to gasoline but there is no infrastructure - the same reason you don’t see too many Teslas in Nebraska.
“You don’t get natural gas without oil so the question is nonsensical.”
Not correct. We have oil producing wells that also produce natural gas. We have natural gas wells that produce almost pure natural gas along with ethane, propane, butane etc.
ps
I spent 17 years in exploration for oil and gas.
Some new merchant ships are using LNG to fuel their boilers.
LNG ships have used their own product for fuel.
Why doesn’t the title just say Natural Gas? Why LNG? You don’t have to liquefy it to use it. Just adds cost. I do agree that if we also used natural gas for transportation it would crush oil prices.
That’s what gives me the idea of just using it for electric since gas is so cheap now.
I’ve been curious about gasification of coal for gasoline, natural gas for electricity, and petroleum for plastics as a path forward. I don’t how much work if would take on the coal side but I do know there’s lot’s of coal in some of them thar hills.
Large regional nuke plants that don’t bankrupt the firms that start the construction would be nice also.
I wouldn’t run the generator full time, as that would increase maintenance costs and the economy of scale isn’t there over grid power - but having it as a backup is very economical these days.
Gasification of coal for gasoline is not really economically sound, though it can be done in a pinch. It’s just way more expensive than refining petroleum - more reading here: https://en.wikipedia.org/wiki/Fischer%E2%80%93Tropsch_process
Gassification ultimately requres high tempatures. Nuke plants are good at providing the heat but are costly. I am not aware of the cost justification but I believe that there is a price point where gassification works.
Just don’t know how that stacks up against oil production.
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