SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (947)7/25/2008 12:44:25 PM
From: Brumar89  Read Replies (2) of 86355
 
The Brazilians are pivoting pretty heavily to oil ... because they've found an awful lot of it offshore their country.
-------------------------------------------------------
I think you shouldn't talk so haughtily about vison, strategy, etc.

Have you considered (or are you even aware) that most alternative energy sources (solar and wind) will use natural gas as their backup? And that in the future we're going to be importing larger and larger amounts of natural gas as LNG from abroad, much from the ME?

Windpower, according to sources I've read, produces only about 30% of the time is is unreliable as to timing. Therefore it needs very flexible backup (if you consider 70% backup) and THE flexible power source we have is natural gas. Solar power on a big scale will be the same way.

Electric powered cars (hybrid or other) are going to use a lot more electricity. We have a problem adding coal plants. And nuke plants aren't coming very fast. So this means more demand for natural gas.

Now it happens that billions of dollars in infrastructure are already being constructed to import more LNG. And many more billions of infrastructure is planned. Where is the LNG gonna come from? Well, a lot will come from the ME.

This isn't because some evil people WANT us to be increasingly dependent on ME natural gas. Its just that if we keep adding demand for natural gas we're going to use more than we can produce - even given the big burst of activity in our shale gas reserves that high natural gas prices have produced.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News