Thursday, October 30, 2008

Don’t worry, there’ll be plenty of jobs down t’ pits soon…

Will the UK Face a Natural Gas Crisis this Winter? (Part 1 of 2)

In recent years, the UK has become increasingly dependent on natural gas as its primary energy source. However during the last three years, UK nat gas production has declined at an annual rate of 8-10%, which many energy analysts expect will continue.

Posted by drewster @ 09:37 PM (938 views)
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7 thoughts on “Don’t worry, there’ll be plenty of jobs down t’ pits soon…

  • Sorry, didn’t mean to make the graphic so big

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  • mountain goat says:

    pretty though!

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  • planning4acrash says:

    Anybody can extrapolate a graph! Truth is, as high prices caused a record UK crop, new supplies are likely to come on line.

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  • planning4acrash says:

    And remember, consumption will fall. I personally believe that, post dot.com crash, that the world has been in a real depression, us living off a false fiat boom, and that real productivity has fell, that in real terms we have been in a recession. You can tell that, with how the quality of our products have fallen drastically as we suck imports from China. I think that is the real reason for the plateaux in production since 2000.

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  • Drewster,

    Interesting but depressing contribution. I’m taking it upon trust that you do not have shares in companies that sell rope, razors, bottles of whisky or firearms?

    Seriously, a decline in living standards seems to be inevitable in the future. I cannot see any way we will be able to make our habitations and workplaces energy efficient enough to deal with this projected problem.

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  • quiet guy,

    Australia looks ever more appealing!

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  • Gas left in the ground and crop harvest arent really comparable
    One is based on this years summer and the other from rather longer ago

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