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China Claims Methane Hydrates Breakthrough May Lead To Global Energy Revolution
GWPF ^ | May 21,2017 | CNN Money

Posted on 05/25/2017 11:12:37 AM PDT by Hojczyk

China is talking up its achievement of mining flammable ice for the first time from underneath the South China Sea.

Estimates of the South China Sea’s methane hydrate potential now range as high as 150 billion cubic meters of natural gas equivalent. That’s sufficient to satisfy China’s entire equivalent oil consumption for 50 years.

The world’s resources of flammable ice — in which gas is stored in cages of water molecules — are vast. Gas hydrates are estimated to hold more carbon than all the world’s other fossil fuels combined, according to the U.S. Geological Survey.

And it’s densely packed: one cubic foot of flammable ice holds 164 cubic feet of regular natural gas, according to the U.S. Energy Information Administration.

“If there is a real breakthrough,” they wrote, “it could be as significant as the shale revolution in the United States. Under such a bull case scenario, we’d expect a significant increase in offshore exploration and production activities.”

(Excerpt) Read more at thegwpf.com ...


TOPICS: Business/Economy; Government; News/Current Events
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1 posted on 05/25/2017 11:12:37 AM PDT by Hojczyk
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To: Hojczyk

Absolutely a product that should be mined. I’m not in the energy sector, but why the heck isn’t this something being aggressively pursued?


2 posted on 05/25/2017 11:18:39 AM PDT by Travis T. OJustice (<---Time Magazine's 2006 Person of the Year)
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To: Hojczyk

Melt the ice, the seas will rise and we’ll all die!


3 posted on 05/25/2017 11:18:42 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Hojczyk

It will have to be vaporized, dehydrated, cooled, compressed and liquefied and routed through pipelines to destination points. One hell of an expenditure. We have methane hydrates in the Pacific and Atlantic waters that will, sooner or later, be mined and processed to produce LNG.
Clean burning LNG is the fuel of the future.


4 posted on 05/25/2017 11:41:05 AM PDT by 353FMG
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To: Hojczyk
Gas hydrates are estimated to hold more carbon than all the world’s other fossil fuels combined, according to the U.S. Geological Survey.

Aggghhh! Carbon! Pollution! We're all gonna DIE!

5 posted on 05/25/2017 11:43:54 AM PDT by JimRed ( TERM LIMITS, NOW! Building the Wall! TRUTH is the new HATE SPEECH.)
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To: Hojczyk

Cheap and near endless supply of energy to power industry and even everyday residential living.

Methane in some form or another will be powering our world well into the next two or three centuries, and the putzing around with solar and wind energy for terrestrial power uses will be long abandoned, as too expensive for wide application.

Anywhere a gas line can reach, is assured of being supplied reliable and adequate supplies of energy for heat, electricity and transportation. Spark ignition engines run on CNG or propane with little modification, while Diesels still have to have SOME Diesel fuel to assure the compression-ignition cycle operates efficiently, but supplemental gaseous fuel may be introduced to the air charging system to reduce the actual consumption of the Diesel fuel, while reducing the nitric oxides, soot particulate, and unburned fuel. And of course, there are no sulfur compounds in the CNG or propane. So low-sulfur or non-sulfur Diesel fuel can eliminate that problem altogether.


6 posted on 05/25/2017 11:47:08 AM PDT by alloysteel (Why does anyone vote Republican, anyway? The Democrats STILL impose their will.)
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To: Travis T. OJustice

Depends upon production costs... it may have enormous potential for the future, but pursuing near-term production would depend upon current energy markets and prices compared to costs of production. Natural gas prices are pretty low right now, so it may be difficult to make this profitable.


7 posted on 05/25/2017 11:54:13 AM PDT by Enchante (Searching throughout the country for one honest Democrat....)
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To: Hojczyk
No wonder the Chicoms are so defensive of the whole damn South China Sea...it's all bout the ICE man!
8 posted on 05/25/2017 12:05:13 PM PDT by servantboy777
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To: Hojczyk

Wellll,, they did invent fireworks.

What could possibly go wrong with harvesting flammable ice 8-?


9 posted on 05/25/2017 12:17:18 PM PDT by NormsRevenge (Semper Fi - Monthly Donors Rock!!!)
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To: Travis T. OJustice
why the heck isn’t this something being aggressively pursued?

1) It has to be actively mined - on the bottom of the ocean or below the arctic permafrost. Right now all of our extraction technology is built around petroleum, NG and coal which are easier to bring to the surface, and easier to contain if things go wrong.

2) There are genuine public safety concerns. Most of the deposits aren't geologically capped, and the solid hydrates aren't stable under surface conditions. Destabilizing a large deposit would be a massive disaster.

It's not economical to try and produce them yet. The technology is in the works, but it's still very expensive compared to more conventional energy sources.
10 posted on 05/25/2017 12:20:08 PM PDT by Eisenhower Republican (END H1B. REPEAL Obamacare.)
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To: Hojczyk

Had quite a bit to do with trying to exploit hydrates when I was in the energy business. Yes, there is enormous potential but the simple truth is that exploiting this resources is very, very difficult. Several knowledgeable, experienced groups have had a crack at it and nothing commercial has come along yet. I’ll believe the Chinese can do it when I see it.


11 posted on 05/25/2017 1:13:56 PM PDT by Bayan
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To: Hojczyk

If true, bye bye Saudi Arabia. It was nice (not!) knowing you.


12 posted on 05/25/2017 1:29:21 PM PDT by Petrosius
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To: Hojczyk

From the numbers I’ve seen China has huge amounts of frackable shale and in the long run their oil and gas supplies look good. But with fracking and better transport in the future I think the whole world will have as much natural gas as it needs. In the US electricity from natural gas is now cheaper than electricity from nukes. No one would have ever predicted that happening in the last century.


13 posted on 05/25/2017 1:43:55 PM PDT by BestPresidentEver
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To: Hojczyk

https://www.youtube.com/watch?v=_rQkTBC0Rzo


14 posted on 05/25/2017 1:48:41 PM PDT by 353FMG
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To: Enchante

Natural gas costs a lot more in China & any other place, which imports LNG. It costs a lot to liquefy the gas — more than the raw feed stock costs now. Then there’s the shipping costs.

Unless natural gas is being transported by ship (or is being used to fuel a ship); it doesn’t need to be liquefied. Compressed natural gas can be shipped economically by pipeline.

OTOH, depending on how fast this technology develops, The N. American (and Russian) natural gas industries could suffer losses, if supply gluts ensue.


15 posted on 05/25/2017 2:02:38 PM PDT by USFRIENDINVICTORIA
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To: Travis T. OJustice

The oilcos have been poking at this for years but so far it is not yet economically feasible. China can do it at higher expense because it is a government project. They can’t sell it profitably until methods improve sufficiently to bring down the cost of production. It would put “sustainable” energy out of the picture except as a leftist control enthusiasm. There is so much of that stuff that running out in the long foreseeable future is not a consideration.


16 posted on 05/25/2017 3:39:08 PM PDT by arthurus
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To: arthurus

Perfect response, thank you. “sustainable” isn’t a reality either, but buys votes. We wasted so much money chasing that pipe dream, we could have used toward mining hydrates take those dreams off the table for a hundred generations.


17 posted on 05/25/2017 3:46:05 PM PDT by Travis T. OJustice (<---Time Magazine's 2006 Person of the Year)
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To: Hojczyk

Hot puppies! I’m gonna run my Yugo on ice farts.


18 posted on 05/25/2017 3:46:43 PM PDT by Billthedrill
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To: Enchante

Fair dinkum, and why all my buddies are back home from the Bakken.

I was a week away from buying my friend a welding truck to send his unemployed ass out there. I bought the truck, sat on it for a week, and poof, the market died. Need anything welded? Anyhoo, it’s ready to go next boom cycle.


19 posted on 05/25/2017 3:48:32 PM PDT by Travis T. OJustice (<---Time Magazine's 2006 Person of the Year)
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To: Hojczyk

China’s secret breakthrough in methane entails, spy on American industry, copy their ideas, take credit.

Ingenious.


20 posted on 05/25/2017 6:40:59 PM PDT by TheNext (Just Build the Wall!)
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