Friday, Dec 19, 2008
Cutting back spending is easy - cutting back gas usage is harder
The Oil Drum: Will the UK Face a Natural Gas Crisis this Winter?
"In recent years, the UK has become increasingly dependent on natural gas as its primary energy source. This strategy may soon be found to be based upon poor assumptions/perceptions regarding development of domestic and neighbouring natural gas reserves and, in general, regional and global supply capabilities. Here, I present the results of simulations of the UK natural gas supply and demand situation for the remainder of this heating season. The results of these simulations are quite alarming: it appears that there is a significant chance that the UK will run short of natural gas in storage before the end of winter."
2 Comments
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1. sold 2 rent 1 said...
"Next winter is likely to have similar, or even worse, problems. U.K. indigenous nat gas supplies are forecast to continue their decline. It is unlikely that any future increase in pipeline imports will fully compensate for these declines."
Jan-Feb 2010 will be our winter of discontent with temperatures of -30c
2. Omikin said...
"If the weather does get colder- returning to the pattern of the 1970s - then many will suffer living in sub-standard housing, unable to afford heating. Higher heating bills will cause more people to share flats and houses and I suspect we will not need new houses to be built in the UK for a very long time - maybe never - making it difficult to upgrade the quality of the stock"
House prices and armeghdon in one post (comments to the original article)