"Shale gas, which accounted for only 1 percent of the U.S. natural gas supply in 2000, represents 20 percent today and could grow to 50 percent by 2035, according to a March report by IHS-Cambridge Energy Research Associates."
To: epithermal
And, the outlook for anything but $4 gas is pretty bleak.
Good if you’re a consumer or manufacturer. Not so good if you’re selling gas.
Terrible if you have a replacement product.
To: epithermal
Even the Obama administration backs increased domestic natural gas production. But what's happening now is
regulators at all levels are putting up barriers to technology--"fracking"--that has been used safely for decades.
To: epithermal
NYS Governor Patterson, in his last few days in office, has issued a ban on this type of drilling.
Too bad the news of environmentally friendly drilling fluid did not reach his desk or maybe it did and like a good communist democrat (redundant I know) chose to ignore it.
4 posted on
12/20/2010 12:56:33 PM PST by
Wurlitzer
(Welcome to the new USSA (United Socialist States of Amerika))
To: thackney
5 posted on
12/20/2010 12:58:33 PM PST by
Army Air Corps
(Four fried chickens and a coke)
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