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Energy crisis postponed as new gas rescues the world
Uk Telegraph ^
| 10/11/2009
| Ambrose Evans- Pritchard
Posted on 10/12/2009 9:14:17 AM PDT by crescen7
America is not going to bleed its wealth importing fuel. Russia's grip on Europe's gas will weaken. Improvident Britain may avoid paralysing blackouts by mid-decade after all.
The World Gas Conference in Buenos Aires last week was one of those events that shatter assumptions. Advances in technology for extracting gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected.
Tony Hayward, BP's chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years' supply and rising fast.
"There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources," he said.
This is almost unknown to the public, despite the efforts of Nick Grealy at "No Hot Air" who has been arguing for some time that Britain's shale reserves could replace declining North Sea output.
(Excerpt) Read more at telegraph.co.uk ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: energy; gas; naturalgas
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To: Moltke
CNG (Compressed Natural Gas) is far more reasonable to use as a fuel for most vehicles than LNG.
The natural gas is used as fuel for vehicles today, it just is not very common.
You can purchase a compression unit to fuel a CNG vehicle at your home and CNG is available in limited areas.
http://www.afdc.energy.gov/afdc/fuels/natural_gas.html
21
posted on
10/12/2009 6:07:49 PM PDT
by
thackney
(life is fragile, handle with prayer)
To: dirtboy
The liberals dont WANT to solve the energy crisis. They see it as a means to empty exurbs back into the cities, where we can all live in mass transit nirvana. ... and where the high density makes it much easier to monitor and control our individual behavior.
To: norraad
Isn't that the amount of that gooy water absorbing carp that adulterates all gasoline? Oh man, so now they've secretly been adding fish to our gasoline? Geez, what's next?
To: thackney; Moltke; frposty
24
posted on
10/12/2009 7:41:04 PM PDT
by
TheMole
To: dirtboy
They see it as a means to empty exurbs back into the cities...where people are a lot easier to control...
25
posted on
10/12/2009 7:50:12 PM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Robert A. Cook, PE
Then again, all of those global warming fables going around being f*rted around (er, being freed) by the democrats (er, socialist-liberals) might prove to be a power supply in themselves.... The day may yet come when people keep warm in the ruins by burning books...
26
posted on
10/12/2009 7:51:59 PM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Buckeye McFrog
Liberal Democrats in the PA. State Senate just killed an attempt to lease gas drilling on state lands.If PA is suffering any kind of a budget crisis, it might be a good thing to remind the voters that the State Senate just screwed the people of the Commonwealth out of all the royalty money which would have accrued to the public coffers (by convention, one eighth of production).
27
posted on
10/12/2009 7:54:54 PM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Moltke
...liquid nitrogen (-196 °C), copious amounts of which Ive used in an earlier line of work and Linde delivered to our lab by the truckloadYou can vent the liquid N2 to atmosphere without any real danger, but you can't do that with LNG.
28
posted on
10/12/2009 7:57:41 PM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: SFConservative
Oh man, so now they've secretly been adding fish to our gasoline? Geez, what's next? Lutefisk power!
29
posted on
10/12/2009 7:59:19 PM PDT
by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: SFConservative
I used to be embarrassed by spelling mistakes, now I know it only leads to comic relief and has become a freeper tradition.
30
posted on
10/12/2009 8:45:20 PM PDT
by
norraad
("What light!">Blues Brothers)
To: Smokin' Joe
Yes, gas-tight storage would certainly be necessary.
31
posted on
10/13/2009 10:47:43 AM PDT
by
Moltke
(DOPE will get you 4 to 8 in the Big House - HOPE will get you 4 to 8 in the White House.)
To: crescen7; the-ironically-named-proverbs2
32
posted on
10/13/2009 2:08:11 PM PDT
by
Is2C
(http://www.persecution.com)
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