Shale Gas Will Rock the World

[jpak]

http://online.wsj.com/article/SB10001424052702303491304575187880596301668.html?mod=rss_Today's_Most_Popular

here's an energy revolution brewing right under our feet.

Over the past decade, a wave of drilling around the world has uncovered giant supplies of natural gas in shale rock. By some estimates, there's 1,000 trillion cubic feet recoverable in North America alone—enough to supply the nation's natural-gas needs for the next 45 years. Europe may have nearly 200 trillion cubic feet of its own.

We've always known the potential of shale; we just didn't have the technology to get to it at a low enough cost. Now new techniques have driven down the price tag—and set the stage for shale gas to become what will be the game-changing resource of the decade.

I have been studying the energy markets for 30 years, and I am convinced that shale gas will revolutionize the industry—and change the world—in the coming decades. It will prevent the rise of any new cartels. It will alter geopolitics. And it will slow the transition to renewable energy.

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[Statistical]

1. "I am convinced that shale gas will revolutionize the industry"

God I hope now. Nearly unlimited cheap natural gas will kill non-fossil fuels dead. Our govt will compromise. Coal is dirty but natural gas is "half as dirty" = twice as clean.

Worst news is shale gas requires massive amounts of rock to be fractured so water consumption is massive and there is the always present risk of contaminating water supply.

[Warren Stupidity]

2. I'll wait for a less biased source to chime in.

The last 'shale revolution' was a) an environmental disaster of staggering proportions, and b) not quite the revolution is was cracked up to be.

[Kringle]

3. needed...cars tfat run on NG ...nt

[NNadir]

4. I think I'll bookmark this dangerous natural gas waste dumping claim.

It's pretty solid proof that renewable energy is a front for the gas industry.

Ever hear of climate change?

No?

We know.

[jpak]

5. "It's pretty solid proof that renewable energy is a front for the gas industry."

koo koo, koo koo, koo koo

:tinfoilhat: