Posted on 05/06/2009 1:51:42 PM PDT by decimon
Recently the Heritage Foundation posted an article on cap and trade on their blog. In the article, they talk about the potential of natural gas supply. I left a comment there and thought the information might be useful for anyone considering the same question. My thoughts on the article appear below.
Many people have heard conflicting numbers regarding the supply of natural gas in the United States. Most everyone who knows about U.S. natural gas supply would agree that the U.S. has abundant supplies of natural gas. So why the confusion? It’s because the natural gas industry uses different numbers, for different reasons, to describe supply. My bottom line: Someday the U.S. may stop using natural gas because something better may come along. But when that happens, I believe there will still be huge quantities of natural gas lying beneath U.S. lands and waters.
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So how much natural gas do we have in the United States? The realistic answer depends on technology and economics.
(Excerpt) Read more at truebluenaturalgas.org ...
Natural ping.
One hundred in the senate and 435 in congress ....
Answer:
It doesn't matter politically.
CADDO PARISH, La. -- A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation's energy landscape. After an era of declining production, the U.S. is now swimming in natural gas.Even conservative estimates suggest the Louisiana discovery -- known as the Haynesville Shale, for the dense rock formation that contains the gas -- could hold some 200 trillion cubic feet of natural gas. That's the equivalent of 33 billion barrels of oil, or 18 years' worth of current U.S. oil production. Some industry executives think the field could be several times that size.
Lots apparently. Around here they burn it off over the wellheads.
I had Chipotle Grill for lunch. Believe me, reserves are increasing.
Painful sight. It's a shame that can't be used or stored.
ping
Around here they burn it off over the wellheads.
We should sell it to the Chinese then so we can pay off our debt generated by going green.
How much natural gas does the U.S. have?.....I don’t know. You would have to ask Joe Biden!
Just hope they're not over your head. ;-)
Giant spiders invade Australian Outback town (Times Online May 6, 2009)
"They are also known as whistling or barking spiders for the hissing noise they emit when they are disturbed or aggravated at close range..."
It’s lots but the article today reporting on the top Natural Gas Supplier says it will cost more.
http://www.rigzone.com/news/article.asp?a_id=75839
I excerpted this, "So how much natural gas do we have in the United States? The realistic answer depends on technology and economics.", because I thought it the most important thing he wrote.
As long as Washington, D.C. and the press exists, we will never run out of gas.
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