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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (151569)5/21/2011 2:32:26 PM
From: upanddown  Read Replies (2) of 206084
 
It occurs in sediments within and below thick permafrost in Arctic regions, and in the subsurface of most continental waters with a depth of ~1,500 feet or greater.

Dennis, the Arctic deposits may be much larger but isn't it also in the deepwater GOM? Wasn't it methane hydrates that was a big problem when they were trying to cap Macondo?

It may not be economic now but how about fifty years from now if the technology advances at the same pace as the last fifty years?

If we can believe that the shale has taken gas reserves from 20 years to 100 years and vast resources like hydrates can be reasonably expected to be available within the next century, then NG is, for all practical purposes, inexhaustible.

I sure would like to see a national energy policy that would at least consider that possibility.

John
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