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Nov 10, 2009

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Knut Holt

Either everyone must reduce the energy consume dramatically, that means living like poor people in many ways, or one must use all alternative energy sources, inclusing nuclear energy.

And unfortunately all the alternative sources are expensive and not as environmentalfriendly as believed.

And the gas is CO2-creating too, even though itis cheap.

David Boxenhorn

Michael, thank you! Somehow I had missed this.

America's Natural Gas Revolution
Why the coming natural gas boom isn't all it's 'fracced' up to be

What this means is a ceiling for gas prices. The only question is how low. (Lower by the first link, higher by the second.) I expect it to get lower as time goes on and technology improves.

Unfortunately, Israel has no shale. Fortunately, energy is a world-wide market.

Michael Phillips


David,

Starting with the success of fraccing (fracturing shale rock) last year in Appalachia, the amount of natural gas available in the world rose by 10 times. Entire new fields are being opened up in the U.S. and Canada.  Enough to last several centuries at the current rate.  Israel probably has plenty of natural gas.

Michael

Ayrdale

I'm intrigued too. But re the argument re nuclear energy I'd have to go with Mr Brand. His opponent is on a par with Paul Ehrlich... both have major credibility problems.

bob swanson

Natural gas in the U.S. and Canada may be all right. There is a lot available in Alaska, but there is major pressure from environmentalists to stop the pipeline into the lower 48.

Natural gas from overseas is stopped by the protests against having LNG offloading facilities in the U.S. I've seen plenty of anti-LNG signs near Pacific Northwest port towns, demanding a stop to terminal construction and permitting. In the Northeast, there have been some major disagreements between Canada and the Northeastern states of the U.S. over these facilities as well.

David Boxenhorn

What natural gas findings are you talking about?

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