The North American Red Queen: Our Natural Gas Treadmill
Posted by Nate Hagens on Thursday November 09, 2006 at 11:12 AM EST
I recently attended the ASPO-USA World Oil Conference: Time for Action - A Midnight Ride for Peak Oil in Boston, MA. Interestingly, the conference organizers appended the acronym ASPO, to represent the Association for the Study of Peak Oil and Gas for this gathering. Indeed, much more time was spent discussing the North American natural gas problem than at any prior Peak Oil conference I am aware of. Prominent among the presenters addressing this situation was David Hughes of NRCan. Mr Hughes is a senior geoscientist with the Geological Survey of Canada who has been speaking widely on global and North American energy sustainability issues over the past few years to governmental agencies, industry forums and the popular press. He painted a sobering picture of North American Natural Gas Supply - in effect we are trying harder and harder and spending more energy and dollars just to maintain flat production. This post is essentially a summary of David Hughes ASPO NG presentation (he also gave a talk on the Oil Sands) with some added comments and perspective.
North American natural gas producers are likely in Georges shoes...
There's more… (2366 words)
THE RED QUEEN
"Well, in our country," said Alice, still panting a little, "you'd generally get to somewhere else -- if you run very fast for a long time, as we've been doing."
"A slow sort of country!" said the Red Queen. "Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!" Lewis Carroll - "Through the Looking Glass", 1865
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