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Peak Gas Pushed Back 70 Years Due To Massive Discoveries.

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http://www.boston.com/business/articles/20...ral_gas_prices/

Que idiots to say we are going to run out of energy on Saturday and the lights won’t go on and the farmers cant grow crops and we are all boned.

Now what some smart **** needs to do is put a pipeline in from America to Europe so we can tap into that oh so rich resource.

The price for natural gas is now sub 0.6p a kWh in the US.

Edited by cells

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Guest theboltonfury
http://business.timesonline.co.uk/tol/busi...icle6807255.ece

Que idiots to say we are going to run out of energy on Saturday and the lights won’t go on and the farmers cant grow crops and we are all boned.

Now what some smart **** needs to do is put a pipeline in from America to Europe so we can tap into that oh so rich resource.

The price for natural gas is now sub 0.6p a kWh in the US.

we're saved?

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Guest UK Debt Slave
http://business.timesonline.co.uk/tol/busi...icle6807255.ece

Que idiots to say we are going to run out of energy on Saturday and the lights won’t go on and the farmers cant grow crops and we are all boned.

Now what some smart **** needs to do is put a pipeline in from America to Europe so we can tap into that oh so rich resource.

The price for natural gas is now sub 0.6p a kWh in the US.

All this peak oil and peak gas stuff is massive scaremongering. There's plenty of the stuff. They just create artificial scarcity to game the price. They deliberately want to make resources scarce so they can hike the price.

The exception to the rule is money

One decade, bank credit is easily available, then they switch off the tap and screw everyone

I'm not saying our resources are infinite and we should use them in the same reckless manner, but the people who control access to resources are deliberately misleading people.

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Hence history may be a better guide to the shape of the recovery in America than in Europe and Japan. Britain’s experience may lie somewhere between.

That's right, don't base your assessment on actual facts. Just pick some vague reassuring language and put your finger in the air. Aaahhh, that's better.

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Thanks for that, It's prompted me to recycle my household waste with extra zeal this week. I'm going to start re-using paperclips at the office too.

It's also made me realise what damage I'm personally doing to the planet driving a 4x4.

Edited by Soon Not a Chain Retailer

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http://business.timesonline.co.uk/tol/busi...icle6807255.ece

Que idiots to say we are going to run out of energy on Saturday and the lights won’t go on and the farmers cant grow crops and we are all boned.

Now what some smart **** needs to do is put a pipeline in from America to Europe so we can tap into that oh so rich resource.

The price for natural gas is now sub 0.6p a kWh in the US.

Your link is to Idiotole Kaletsky - nothing about gas.

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Some believe theres enough oil on Alaska's North Slope to serve all americas domestic needs for the next 50-100 YEARS

Some believe once economically viable theres enough oil in the Canadian Tar Sands to meet global demand for upto 250 YEARS.

Some believe China has enough coal to satisfy all her needs for 400 YEARS.

Who knows what to believe?

In 1972 the rail unions were saying we'd be out of oil by 1988.

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Can they not just put it out?

Why bother with the risk, it's not like oil and gas are running out.

Perhaps a lot of cats get stuck up trees in Turkmenistan.

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Some believe theres enough oil on Alaska's North Slope to serve all americas domestic needs for the next 50-100 YEARS

Some believe once economically viable theres enough oil in the Canadian Tar Sands to meet global demand for upto 250 YEARS.

Some believe China has enough coal to satisfy all her needs for 400 YEARS.

Who knows what to believe?

In 1972 the rail unions were saying we'd be out of oil by 1988.

As long as there's enough to keep me in comfort until I die, I'm not bothered how much more than that there is.

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Guest theboltonfury
Why bother with the risk, it's not like oil and gas are running out.

Perhaps a lot of cats get stuck up trees in Turkmenistan.

Cleary not. It's been burning for 38 years!

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Guest DissipatedYouthIsValuable
As long as there's enough to keep me in comfort until I die, I'm not bothered how much more than that there is.

There's probably a couple of weeks' worth of trees in the UK after that anyway. I don't see the problem.

After that, some really big communal sleeping bags should suffice.

Edited by DissipatedYouthIsValuable

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Cleary not. It's been burning for 38 years!

I like that the priority to prevent global warming is for everyone to get eye-strain reading with energy-saving light bulbs manufactured from highly toxic rare earth metals. Not, put out a huge constantly burning, into the atmosphere, gas jet.

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Your link is to Idiotole Kaletsky - nothing about gas.

Sorry fixed.

Basic story is that new techniques of horizontal drilling have made a certain type of gas deposit not only economical but very cheap. America has huge deposits of this gas. So a few years ago Americas gas reserves were about 30 years. Today they are about 100 years due to this new drilling technique.

The peak oil people keep telling us technology not help us…….

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Sorry fixed.

Basic story is that new techniques of horizontal drilling have made a certain type of gas deposit not only economical but very cheap. America has huge deposits of this gas. So a few years ago Americas gas reserves were about 30 years. Today they are about 100 years due to this new drilling technique.

The peak oil people keep telling us technology not help us…….

Does this mean we will all run our cars on LPG in the future?

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Guest DissipatedYouthIsValuable
Does this mean we will all run our cars on LPG in the future?

Just remember when the needle gets near 'Empty' you generally have to find a filling station within about 30 seconds.

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I like that the priority to prevent global warming is for everyone to get eye-strain reading with energy-saving light bulbs manufactured from highly toxic rare earth metals. Not, put out a huge constantly burning, into the atmosphere, gas jet.

We have only 6 days to go. :blink:

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There's probably a couple of weeks' worth of trees in the UK after that anyway. I don't see the problem.

After that, some really big communal sleeping bags should suffice.

Remind me to invite you to next years cremation of care.

Cut 'em down. Stick 'em underground for a few million years. Start all over again.

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Can they not just put it out?

No probably not.

They might be able to seal it but that would be doubtful too.

The best they could realistically do is put a big cone over it to collect the gas, and then use that gas to generate electricity. However it is probably very dirty and would need to be cleaned first which would make it unaffordable.

To me it looks like a 250MW fire. Which would be the equivalent of £13m of natural gas a year (or £65m at retail prices in the uk). At most it is 10x my guess which is still tiny but worth capturing at that point.

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Just remember when the needle gets near 'Empty' you generally have to find a filling station within about 30 seconds.

Or switch back to petrol.

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No probably not.

They might be able to seal it but that would be doubtful too.

The best they could realistically do is put a big cone over it to collect the gas, and then use that gas to generate electricity. However it is probably very dirty and would need to be cleaned first which would make it unaffordable.

To me it looks like a 250MW fire. Which would be the equivalent of £13m of natural gas a year (or £65m at retail prices in the uk). At most it is 10x my guess which is still tiny but worth capturing at that point.

Can you give a ballpark energy output in watts for this?

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Guest DissipatedYouthIsValuable
Can you give a ballpark energy output in watts for this?

250,000,000, thicko.

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