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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (273537)2/11/2006 11:45:48 PM
From: d[-_-]b  Read Replies (1) | Respond to of 1575016
 
tejek,

re:. God knows at what reserve level the American industry is. I suspect a crisis is approaching......much sooner than I expected.


Estimates are 1700 Tcf in the USA (trillion cubic feet) with 22 Tcf per year consumed with that increasing to 38 Tcf by 2025. So a conservative calculation 1700/30 = 56 years. That said the USA only has 3% of the worlds reserves and Canada only has 1% - of course the Middle East has 34% and the former USSR has 42%.

It would be really wise to find an alternative in the next few decades but if we don't mind importing and being dependant on yet another country for our energy needs the world has a few centuries of reserves.

naturalgas.org