Washington Post (February 15)
“The United States sits atop seas of natural gas, a fuel that drives electric turbines, warms homes, heats water and even powers some big trucks. Much of this gas is in unconventional deposits that drillers have only begun to tap. Now that they have, the price of the fuel has plummeted and the United States has gone from a gas importer to a potential exporter, with decades of supply left…. The country can’t use natural gas forever, because it still produces some carbon dioxide. But gas can, for a time, serve as a low-cost alternative to dirtier fossil fuels in a program to steadily green the economy.”
Tags: CO2, Economy, Environment, Fossil fuels, Green, Natural gas, Supply, U.S.
The Economist (June 2)
Fracking has resulted in a shale gas revolution. “At current production rates, America has over a century’s supply of gas, half of it stored in shale and other ‘unconventional’ formations. It should also spread, to China, Australia, Argentina and Europe. Global gas production could increase by 50% between 2010 and 2035, with unconventional sources supplying two-thirds of the growth.”
Fracking has resulted in a shale gas revolution. “At current production rates, America has over a century’s supply of gas, half of it stored in shale and other ‘unconventional’ formations. It should also spread, to China, Australia, Argentina and Europe. Global gas production could increase by 50% between 2010 and 2035, with unconventional sources supplying two-thirds of the growth.”
