tinydancer
Diamond Member
Ah, let's see now. I thought I'd heard several rumours over the years *cough* that we were running out of fossil fuels. Well according to the experts.....
Did anyone else hear those rumours? Cause guess what?
Gas glut threatens investment in renewables sector, IEA warns Liquefied gas capacity will shoot up 47% by the end of 2013
Shell and Exxon-Mobil are repositioning as gas producers
from the article:
The world faces a long term gas glut because of recent technical advances which have made possible the exploitation of previously untapped shale gas, coal bed methane and tight gas deposits, mostly in the US, China and Australia.
The IEA, publishing its annual world energy outlook now estimates that 35% of the increase in global gas production to 2035 will come from such unconventional projects.
Last year it estimated that unconventional gas production would account for 20% of the growth, although this covered the period 2007 2030. Gas is also the only fossil fuel for which it expects demand to grow by 2035.
I love days like this. It's not the end of the world after all.
Gas glut threatens investment in renewables sector, IEA warns | Business | The Guardian
Did anyone else hear those rumours? Cause guess what?
Gas glut threatens investment in renewables sector, IEA warns Liquefied gas capacity will shoot up 47% by the end of 2013
Shell and Exxon-Mobil are repositioning as gas producers
from the article:
The world faces a long term gas glut because of recent technical advances which have made possible the exploitation of previously untapped shale gas, coal bed methane and tight gas deposits, mostly in the US, China and Australia.
The IEA, publishing its annual world energy outlook now estimates that 35% of the increase in global gas production to 2035 will come from such unconventional projects.
Last year it estimated that unconventional gas production would account for 20% of the growth, although this covered the period 2007 2030. Gas is also the only fossil fuel for which it expects demand to grow by 2035.
I love days like this. It's not the end of the world after all.
Gas glut threatens investment in renewables sector, IEA warns | Business | The Guardian