Tag Archives: Natural Gas

News

Are we ever going to run out of oil and natural gas?

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Story from Sweden’s Royal Institute of Technology. (H/T Stop the ACLU via ECM)

Excerpt:

Researchers at KTH have been able to prove that the fossils of animals and plants are not necessary to generate raw oil and natural gas. This result is extremely radical as it means that it will be much easier to find these energy sources and that they may be located all over the world.

“There is no doubt that our research has shown that raw oil and natural gas occur without the inclusion of fossils. All types of rock formations can act as hosts for oil deposits,” asserts Vladimir and adds that this applies to areas of land that have previously remained unexplored as possible sources of this type of energy.

“With the help of our research we even know where oil could be found in Sweden!” says Vladimir Kutcherov, Professor at the KTH Department of Energy Technology in Stockholm.

Together with two research colleagues, Professor Kutcherov has simulated the process of pressure and heat that occurs naturally in the inner strata of the earth’s crust. This process generates hydrocarbons, the primary elements of oil and natural gas.

According to Vladimir Kutcherov, these results are a clear indication that oil supplies are not drying up, which has long been feared by researchers and experts in the field.

Maybe this will help some of the overpopulation/resource scarcity people on the left to stop trying to impose totalitatarian government on the rest of us? I don’t mind if they obsess over the end of the world, but could they please engage in their religious speculations in private? Leave the energy policy to the grown-ups.

Videos

Two must-see media interviews with Sarah Palin

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Welcome visitors from the Maritime Sentry! Thanks for the link!

Sarah Palin is looking very good as a contender in 2012. I am still favoring Governor Jindal in Louisiana, with Governor Sanford in South Carolina as #2. But Palin is definitely in the mix!

I am so happy when I see women standing up for fiscal conservatism, social conservatism and a strong foreign policy. I am going to give her 2 A+ ratings for these two tough media interviews. She understands the vision of small government and low taxes. And she has a talent for explaining it in a winsome, engaging manner. The trouble is that Democrat voters are so ignorant about economics that she has to explain it very slowly.

UPDATE: This post seems to be popular. Don’t forget my previous post about two women I think are even better conservatives than Sarah Palin. And here is the best of those two attacking Democrats in a super video clip.

News

HUGE natural gas discovery in Louisiana! And Texas, Arkansas and Pennsylvania!

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Bobby and Supriya Jindal
Bobby and Supriya Jindal

GREAT NEWS! Oh, I know that I usually say some depressing things on this blog… but I’m going to make up for all that right now by bringing out the Bobby and Supriya Jindal picture to illustrate this exciting story.

Here’s the story from the Wall Street Journal, courtesy of commenter ECM. The title is “U.S. Gas Fields Go From Bust to Boom”.

Excerpt:

A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation’s energy landscape. After an era of declining production, the U.S. is now swimming in natural gas.

Even conservative estimates suggest the Louisiana discovery — known as the Haynesville Shale, for the dense rock formation that contains the gas — could hold some 200 trillion cubic feet of natural gas. That’s the equivalent of 33 billion barrels of oil, or 18 years’ worth of current U.S. oil production. Some industry executives think the field could be several times that size.

“There’s no dry hole here,” says Joan Dunlap, vice president of Petrohawk Energy Corp., standing beside a drilling rig near a former Shreveport amusement park.

Huge new fields also have been found in Texas, Arkansas and Pennsylvania. One industry-backed study estimates the U.S. has more than 2,200 trillion cubic feet of gas waiting to be pumped, enough to satisfy nearly 100 years of current U.S. natural-gas demand.

The discoveries have spurred energy experts and policy makers to start looking to natural gas in their pursuit of a wide range of goals: easing the impact of energy-price spikes, reducing dependence on foreign oil, lowering “greenhouse gas” emissions and speeding the transition to renewable fuels.

…The natural-gas discoveries come as oil has become harder to find and more expensive to produce. The U.S. is increasingly reliant on supplies imported from the Middle East and other politically unstable regions. In contrast, 98% of the natural gas consumed in the U.S. is produced in North America.

Coal remains plentiful in the U.S., but is likely to face new restrictions. To produce the same amount of energy, burning gas emits about half as much carbon dioxide as burning coal.

Read the whole thing!