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Energy, Energy Everywhere Right NOW!

Posted 28 months ago|6 comments|625 views

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Environment , Carbon Dioxide , Natural Gas

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jon00052

Energy, Energy Everywhere Right NOW! Sound too good? Check out this report:

http://web.mit.edu/mitei/news/spotlights/number-one.html

"A broad-brush picture of the global supply of natural gas shows that there’s plenty of fuel, so much so that gas may soon be the dominant fuel for producing electricity."

How could we go from not enough, "Peak oil and gas" just 2 years ago to plenty for the next 100 years? I wonder if we will get a break in our utility bills?

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sixholdens

28 months ago: Simple. Those that have control of it don't tell the truth about what they hold. That way they can manipulate the market until they are filthy rich or until someone blows the whistle on the "true" quantities ready for market. Once the quantity of the supply is known and the price goes down, they move to their next control scheme which is the system that delivers it to our homes (not mine, no supply line to put a meter on) and if demand exceeds they ability to supply it, they jack the price up to force you to use less so that they don’t have to spend money upgrading their distribution system.

Break on the bill? Fat chance. Every time my electric supplier uses NG generated juice, they tack on surcharges that nearly double the bill. Coal may be a polluter but at least it makes keeping the lights on affordable.

I would rather they based profit on a percentage above actual cost to produce it, than on what the market will bear, but then you get into the problem of what is a high or low enough percentage and so on.

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Altruist
Eugene, OR

28 months ago: It seems that the natural gas supply expanded considerably when they began using hydraulic fractionating. This made a lot of gas available that was locked in the stone before.

On the bad side of this good news is that the process may contaminate deep water aquifers.

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jon00052

28 months ago: The new supplies from hydraulic fractionating is but a small fraction compared to the capped unused sour gas wells (40% of the total reserves) that will be opened and made available by the new sweetening processes from Swapsol. Even the new gas from hydraulic fractionating contains sour gases that must be reduced to acceptable levels.

I have said it before and it is worth repeating:

IMHO "The refineries that are not using the Swapsol processes will not be able to compete with the refineries that are using Swapsol processes."

Please note that the report cited does not rely on the success of hydraulic fractionating in making there claims.

Al, are you against Natural gas use or just hydraulic fractionating?

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jon00052

28 months ago: Hey Al, did you see the lastest NG discovery? It is a few miles off New Orleans in shallow water but it is reported to be over 28,000 feet deep. How deep are the aquifers that you are concerned about?

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jon00052

28 months ago: I agree on all counts Sixholdens. I will add that they have proven that they will go to any length to manipulate the markets. That was proven with the creation of offshore ICE. Acording to published reports 13.5% of everyones income goes into the estimated 2.5 trillion dollar ripoff. How you like a 13.5% after tax increase in your income? If it were possible to shut it down and reverse that effects we all could afford to live again.

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sixholdens

28 months ago: To answer about the aquifers..... They aren't that deep. That's not saying the cracks caused by the fracturing process can't reach that far, just unlikely and any contaminant that might be in the water used to create the pressure to fracture the rock would have to travel up through the cracks to reach the aquifer while the water from the aquifer is traveling down and also being pumped out by the fracing company upon completion of the frac and also being carried out in the gas stream. That's what those big tanks are sitting on the drilling pad after all the workers have packed up and left, water separator and water storage, the gas is put directly into a pipeline for transport to a processing plant and a truck comes and empties the water tank for transport to another processing station. Got one in my back yard....

I’m going to go out on a limb and say that most if not all aquifer contamination comes from above ground or leaking pipelines above the aquifer. I’m not trying to remove any blame from the gas and oil well drillers because they may very well be the ones dumping crap above ground that seeps into the water supply below ground and above the aquifer but they aren’t doing the “dirty deed” alone, there are dozens if not hundreds of illegal dumpers, the worst being the guy who dumps his used oil in a drainage ditch or down the drain in his house.

Al, if you’ve got more data about where the contamination is coming from now’s the time to post it.

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