We've already seen huge price increases in NG due to shortages. To say we are going to unleash this huge demand for NG, and production will quickly rise to not only meet the demand but drive the price down, just doesn't make sense to me.
I don't know how much untapped NG we have, but I'm in favor of using other's first and keeping ours in the ground until there really is a shortage. But it's a balancing act. Don't want to fund the Islamies more than we have too.
We've already seen huge price increases in NG due to shortages. To say we are going to unleash this huge demand for NG, and production will quickly rise to not only meet the demand but drive the price down, just doesn't make sense to me.
I don't know how much untapped NG we have, but I'm in favor of using other's first and keeping ours in the ground until there really is a shortage. But it's a balancing act. Don't want to fund the Islamies more than we have too."
I have put the article to The Gas Man (45 yrs as VP, project construction, Southern Calif. Gas Co., now Sempra, he literally wrote the book on gas distribution from well to house, he drove a natural gas auto for two years). He concurs with everything but, perhaps, some of the tax fantasies.
We will recall that the largest deposits of low sulphur coal are in the U.S. Escalante Zone. Yet, Klintoon made a national park out of it. Natural gas exploration on land and sea has been stymied by regulation.
yitbos