The Forum > Article Comments > The future of natural gas - an interview with Raymond Learsy > Comments
The future of natural gas - an interview with Raymond Learsy : Comments
By Daniel Graeber, published 13/6/2012The US has energy security for 100 years and a bridge to a clean green future courtesy of new finds of natural gas.
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http://www.energybulletin.net/stories/2012-02-05/falling-feeling-shale-gas-estimates-continue-downward
The US is building an LNG export terminal in Louisiana to get rid of the stuff the same time it uses a quarter of the world's oil. Perhaps millions of trucks could be converted to compressed natural gas instead of diesel made from imported oil. Fertiliser manufacturer Dow Chemical has argued that gas should be saved for later but that argument has fallen on deaf ears.
Australia seems to be assuming that because fracking and horizontal drilling produces abundant shale gas in the US it will do the same here, in the Cooper Basin for example. Maybe not. This is a classic case of counting chickens before they are hatched.