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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (140921)	10/11/2010 3:37:22 AM
From: DinoNavarre	Respond to of 206338

I've been involved in NG fired power plant O&M here in the U.S. since 1989, CCGT, Peakers and CHP. The industry talk used to be that NG would be the "bridge fuel" that would carry us to 2020/2030, then clean coal and nukes would take over......... Looks like our gov and the utilities might have to rethink that one............maybe a complete about face??? That idea is like a pretty big boat,(think aircraft carrier), it will probably take time to turn around! With the extremely slow process that our gov here in the U.S. makes decisions (or can't seem to make a decision), our businesses will again be stuck in neutral waiting on uncle sam, (behind the curve again vs the rest of the world). If we do decide to ramp up NG infrastructure for transportation, Japan, China, Korea & Germany will probably have the gear & cars ready and waiting for us to buy! I bought a Volkswagen Jetta TDI (diesel) last year. My mpg is in the mid-forties. In the area of Florida that I live in diesel was $2.70 to $2.80 last October, this October.....$3.06 about .12 above premium gas, .22 above mid-range and .34 above regular..........go figure??? If you would like to keep an eye on world-wide natural gas vehicle developments, here is a good site: greencarcongress.com Sorry for rambling, I sucked down a few glasses of Single Barrel.....time to hit the bed. Have a good Thanksgiving!

To: Cogito Ergo Sum who wrote (140921)	10/11/2010 7:16:27 AM
From: MoneyPenny	Read Replies (1) \| Respond to of 206338

Hey Swan, A Happy Thanksgiving to you. MP

To: Cogito Ergo Sum who wrote (140921)	11/7/2010 5:16:17 AM
From: elmatador	Read Replies (4) \| Respond to of 206338

there is only 8 years of natural gas left in Canada and it gets pretty cold here in winter. That comment caught my eye. Canadian natural gas is important in a number of ways: It provides 17% of total US NG consumption and today contributes roughly 11% [see calc at bottom] of the energy content in a barrel of tar sands oil (which will only increase with in-situ recovery growth). By no means (conventional or unconventional), can Canada be considered to have lots of natural gas, yet, we produce more than our fair share. Accurately predicting Canadian NG supply is, of course, important for all the usual North American energy security reasons and, among others: It would be nice to know if Canadians will have NG for things other than tar sands and exports to the US. Half of all Canadian homes are heated primarily by natural gas and about 6% of Canada's electricity sector relies on natural gas, a lot of which is used as peak electricity generation. It’s well known that Canadian conventional gas peaked around 2001, but according to a continuing trends prediction case from the National Energy Board, it doesn’t appear as if unconventional gas will be playing a big part, at least compared against 2001 peak production levels. Below I summarize some predictions for future production of Canadian natural gas and try to estimate how much of Canada's natural gas will be left over for regular Canadian citizens. canada.theoildrum.com Oilsands now represent 61 per cent of Canada's total known oil reserves and that figure is expected to continue increasing in the future as a whole array of multi-billion dollar mining projects are built. energybulletin.net