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

To: Dennis Roth who wrote (165740)3/19/2012 12:40:25 PM
From: t4texas  Read Replies (1) | Respond to of 206159
 
dennis, based on the rigzone link in your post and the link i am supplying below, the usa already produces way more than enough natural gas to power every light duty vehicle Plus every heavy duty truck in the usa. my rough addition of the needed ng based on your rigzone link is 50 Bcf/day. in december 2011 the usa produced 82.5 Bcf/d. clearly we can up these production numbers just from all the shale plays. so i would say the case for moving to lng/ng over the next five or ten years for all vehicle transportation is pretty good from just a capacity generation stand point. so there is no supply issue in doing this if the demand really increases. someone alert me if the 50 bcf/d is not an accurate number.

platts.com



To: Dennis Roth who wrote (165740)3/19/2012 1:26:05 PM
From: Brian Sullivan  Read Replies (1) | Respond to of 206159
 
Now that we know we can successfully produce gas from U.S. shale gas plays, the question remains: What do we do with all this supply?

Use it to produce electricity via Natural Gas Turbines made by GE and Seimens AG.
And in truck engines produced by Cummings CMI.

Also Israel will be awash with large amount of Natural Gas over the next 5 years.


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