NEW YEAR 2012 BRINGS GOOD TIDINGS FOR SHALE GAS ENERGY SUPPLY FOR HUMANITY ON THIS PLANET EARTH....there is plenty of this "greener" fossil fuel...
Posted by Vishva News Reporter on January 11, 2012

 

fossil_fuels.png
....and as luck would have it....humans have struck
....."GREEN" SHALE NATURAL GAS....
.....TO SUPPLY MAJORITY OF
HUMANITY'S ENERGY NEEDS
f
or a long time to come and
most importantly in majority of nations....
......the oil monopoly-cartel hostage taking
by few nations
 may be coming to an end...
File:GasDepositDiagram.jpg
Wikipedia

......AND THE ECONOMIC LIBERATION TO HUMANITY OF
SHALE NATURAL GAS INDUSTRY.....

 - Has created 750,000 real new jobs in USA in the last 5 years....
-$4 (U.S.) worth of natural gas now buys as much energy as $25 worth of oil....

- U.S. Energy Information Administration forecasts
the global supply of shale gas might be several times more abundant
on a planetary basis than the proven reserves of conventional gas....

- This means many countries traditionally dependent
on imported oil and gas could become self-sufficient “in the near future....”

- Without shale gas, oil and gas prices would rise fivefold by 2050;
with shale gas, oil prices would only double....

- A  Massachusetts Institute of Technology (MIT) based
USA study concludes that
the environmental risks in shale gas extraction,
especially through the "fracking&" process have been “overstated.”....
File:EIA World Shale Gas Map.png
MAP 1: 48 Shale Natural Gas basins in 38 nations, per 2011 US Energy Information Administration Report
 

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As per the mandate of PVAF....today's news/Knowledge sharing you are having at PVAF is with a prayer that this sharing/acquisition will make YOUR TOMORROW HAPPIER THAN TODAY...simply because you have more Life-sciences Knowledge to make life-decisions with less ignorance of what, how, when and why of every day living with all your fellow Creations...
 
And without further ado...please click on the last line on this webpage...to continue confirming in your mind that this humanity is not going to be out of "energy sources" for a long long time to come...despite all fear-mongering of wealth greedy fellow humans who continually cash in on their fellow humans "ignorance" of the Life-Truth:
LIFE ALWAYS PROVIDE SUSTENANCE FOR
ULTIMATE SURVIVAL OF ALL CREATIONS...
despite all trials and tribulations humanity creates for itself
because of its inability to avoid 7 deadly sins of

wrath, greed, sloth, pride, lust, envy, and gluttony



......CONTINUE TO AMAZE YOURSELF TO HAPPINESS
IN THE NEW YEAR 2012
WITH WHAT IS THE SORT OF "UNLIMTIED" FUTURE SUPPLY
OF SHALE NATURAL GAS DISCOVERY IN THE FUTURE.....
 
Even the EIA report itself presents what is widely known to be a conservative estimate as shown in Map 1 there are still a number of potentially big players missing. If map 1 above alone changes the energy resource then if we are able to include the some other shale big hitters, including Russia, India and particularly China, then the need to rip up oft-quoted figures becomes imperative. Try this looking at Map2:
image
MAP 2: Source it to ‘No Hot Air, 2011’
 
A drilling rig is seen at sunset at Grabowiec 6 near the village of Lesniowice in southeastern Poland, home to Chevron's first shale gas well in the country. - A drilling rig is seen at sunset at Grabowiec 6 near the village of Lesniowice in southeastern Poland, home to Chevron's first shale gas well in the country. | KACPER PEMPEL/REUTERS
KACPER PEMPEL/REUTERS
A shale natural gas drilling rig is seen at sunset at Grabowiec 6 near the village of Lesniowice in southeastern Poland,
home to Chevron's first shale gas well in the country.

 
.....As shale deposits multiply,
energy self-sufficiency FOR HUMANITY
becomes a reality.....

(From: Canada's National Newspaper: Globe and Mail: Tuesday, January 10, 2012: Neil Reynolds)
 (Hyperlinks to this article provided by PVAF
for your choice of in-depth understanding of the energy supply life-science to make your tomorrow happier than today....)

Benny Peiser is an Israeli-born, British-based social anthropologist who distributes daily news reports about climate change and related subjects – for example, fossil fuels – in a rather helter-skelter fashion to subscribers around the world. It’s an entertaining and instructive service. Consider these stories, all reported on a single January 2012 day:

Top energy stocks in 2012 Inter Press Service, an international news agency, reports that many countries traditionally dependent on imported oil and gas could become self-sufficient “in the near future.”

The agency bases its report on U.S. Energy Information Administration (EIA) forecasts that indicate the global supply of shale gas might be several times more abundant on a planetary basis than the proven reserves of conventional gas.

The EIA’s list of import-dependent countries that can expect rapid transition to self-sufficiency also includes South Africa, Australia, Poland, France, Chile, Sweden, Paraguay, Pakistan and India. The Inter Press Service (IPS) articles suggests several of these countries could become gas exporters.

MIT News, a journal of the Massachusetts Institute of Technology, reports on a new MIT Shale Gas study that confirms shale gas will make “a big difference” in energy prices in coming decades. Without shale gas, oil prices and gas prices would rise fivefold by 2050; with shale gas, they would only double.

The study concludes that shale gas would moderate energy prices, provide “flexibility” in cutting carbon emissions, stimulate the U.S. economy – and “suppresses the development of renewable [energies].”

The EIA, incidentally, says $4 (U.S.) worth of natural gas now buys as much energy as $25 worth of oil. (The MIT study concludes that the environmental risks in shale gas extraction have been “overstated.”)

In a separate MIT News report, John Deutch, MIT energy expert and chair of a U.S. Department of Energy panel studying the shale industry, says shale gas has created 750,000 jobs with many more to come – especially in Pennsylvania and Ohio, USA, two states that will play a significant role in the 2012 USA president election.

“Over the last couple of years,” Prof. Deutch said, “I’ve realized that what’s happening with unconventional natural gas [shale] is the biggest energy story … in the 40-plus years that I’ve watched energy development in this country.”
According to the Dziennik Gazeta Prawna daily newspaper, Poland’s state-controlled gas company expects to make its first deliveries of domestic shale gas in the second half of 2012.

Up to 3,500 customers will be supplied with gas at a lower price than Poland now pays for the gas it imports from Russia. Poland regards shale gas production as a milestone in its quest for energy self-sufficiency.

In a buoyant forecast for the U.S. economy in 2012, the manager of the $100-billion Ignis American Growth Fund (a unit of London-based Ignis Asset Management) says the U.S. stands on the verge of energy self-sufficiency.

 “The Gulf of Mexico is expected to produce almost three times as much oil by the end of the decade,” fund manager Terry Ewing wrote, “and North Dakota is experiencing a staggering oil and gas boom that would qualify it as a member of Organization of Petroleum Exporting Countries (OPEC).”

U.S. imports of oil could drop from nine million barrels a day to two million within six or seven years, he said.

The Daily Telegraph reports that Total SA, France’s biggest oil and gas company, will pay $2.3-billion for a 25-per-cent stake in Chesapeake Energy’s shale deposit in Ohio; and China Petroleum and Chemical Corp. (Sinopec), China’s largest (and state-owned) energy company, will invest $2.2-billion for an interest in five oil and natural gas fields under development by Devon Energy.

The report says U.S., European, Chinese and Indian energy companies are “scrambling” to gain access to vast U.S. shale gas deposits.

This was a good day’s work.

Good days of this kind are occurring more and more often. In the first two weeks of January, huge fossil fuel discoveries have been confirmed around the world – including in Brazil, India and Cyprus (where Houston-based Noble Energy confirmed a fifth large gas discovery).

Cyprus declared that these finds would, by themselves, “make a substantial contribution to energy security in the EU.” With every good day’s work, the world moves a little closer to energy independence – for almost everyone.
 
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IN NIOBRA GEOLOGICAL FORMATION IN USA-CANADA
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