Monday, October 12, 2009

Energy crisis is postponed as new gas rescues the world

Did America’s so-called “journalists” forget to tell you this?

Quoting Ambrose Evans-Pritchard at Telegraph.co.uk:
“Advances in technology for extracting gas from shale and methane beds have quickened dramatically…

exploitable reserves are much greater than supposed just three years ago and may meet global gas needs for generations…

The US is leading the charge. Operations in Pennsylvania and Texas have already been sufficient to cut US imports of liquefied natural gas (LGN) from Trinidad and Qatar to almost nil…

The US Energy Department expects shale to meet half of US gas demand within 20 years, if not earlier….

Texas A&M University said US methods could increase global gas reserves by nine times”
Click the image (of burning shale rock)
& read the rest:

Click the image (of burning shale rock) & read the rest
Click here & explore Peak Oil estimates
(which do NOT take into account these sorts of breakthroughs).

Click here & examine some MORE available resources.

Click here & understand why CO2 should NOT be a concern!

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