|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
....and as luck would have it....humans have struck
....."GREEN" SHALE NATURAL GAS....
.....TO SUPPLY MAJORITY OF
HUMANITY'S ENERGY NEEDS
for a long time to come and
most importantly in majority of nations....
by few nations
may be coming to an end...
- 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
- 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
study concludes that
the environmental risks in shale gas extraction,
especially through the "fracking&"
process have been “overstated.”....
Natural Gas basins in 38 nations, per 2011 US Energy Information
.......ADVANCE YOUR THIRST AND HUNGER
OF LIFE-SCIENCES THROUGH
TO KNOW AS MUCH MORE AS YOUR LIFESTYLE NEEDS....
|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
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
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
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
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, |
self-sufficiency FOR HUMANITY
becomes a reality.....
(From: Canada's National
Globe and Mail:
Tuesday, January 10, 2012: Neil Reynolds)
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
forecasts that indicate the global supply of
shale gas might be several
times more abundant on a planetary basis than the proven reserves of
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
articles suggests several of these countries could become gas exporters.
MIT News, a journal of the Massachusetts Institute of Technology,
reports on a new
Shale Gas study that confirms shale gas will make “a big
difference” in energy prices in coming decades. Without shale gas,
and gas prices would rise fivefold by 2050; with shale gas, they would
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
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
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
in this country.”
|According to the Dziennik Gazeta Prawna daily newspaper,
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
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
Asset Management) says the U.S. stands on the verge of energy
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
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
Energy’s shale deposit in
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
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
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
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