54 Things You Didn’t Know About Natural Gas
Every once in a while, I will realize that I have spent way too much time talking about oil, complaining about pipelines, Permania, free money and the impending “End of Big Oil because of Electric Vehicles”. And it’s on those days that my attention turns to oil and coal’s neglected stepsister who we know as natural gas. And in the spirit of American Thanksgiving, I would like to say that I, for one, am thankful for natural gas, the current turkey of the energy sector.
Like oil, natural gas is a prolific fossil fuel with many uses, however I feel that it floats unnoticed under the radar, particularly because it is so much easier to carpet bomb oil and coal into submission (as opposed to cute and cuddly natural gas) in the great anti-fossil fuel war of attrition.
So herewith – 50 (or is it 54?) things to know, love, think and be thankful for about natural gas, in no particular order of importance and apologies if I miss really obvious ones.
1. Natural gas is used to provide heat, hot water and cooktop fuel to almost 80 million homes in North America
2. Natural gas represents almost 25 percent of all primary energy use in North America and globally, rapidly closing the gap on coal
3. It is cleaner burning than all the other combustible fuel alternatives such as whale blubber, wood, peat, coal, rolled-up newspapers and oil.
4. It is so plentiful in North America that supplies are estimated at anywhere from 50 to 100 years at current consumption levels, although this might involve fracking under Philadelphia, so maybe not. Canadian supplies are somewhere in the 300-year range. Because the supplies are so prolific in North America, the prices are quite disconnected from oil and on a heat content basis, significantly undervalued
…click on the above link to read the rest of the article…
