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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (105229)	3/24/2014 6:16:07 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 218536

Elmo, it may be true for shale gas but it is a fact that NG is plentiful, and discoveries of new deposits are discovered monthly. Australia has huge offshore deposits as is the Eastern Mediterranean Basin, East Africa and more recently the Black Sea, not to mention Turkmenistan and Azerbaijan. The main problem is the power play to goes behind closed door of the companies that actually extract NG to be delivered to consumers and there I am not sure if they are not happy from the actual conflict and unrest as they are able to raise prices. All this we do not know but one thing is for sure there are huge amounts of methane hydrate deposits on the oceans floor and the arctic and the NG lobby does whatever is possible to defer the development of the technology to extracts NG from those deposits. The triangle of Scotland Iceland Norway and as north as Svalbard have huge deposits of NG derived from the organic matter that deposited on the sea floor as a result of the Gulf-stream from the Gulf of Mexico. All along those routes there are methane hydrate deposits. If interested search the internet from official government sites. I know that bot US and Japan Energy dept. have pilot rigs for extraction in various places. IMHO the NG industry puts a lead on promoting more funding for developing this technology which IMHO is a renewable energy source as it is generated from the decomposition of organic matter woodshole.er.usgs.gov energy.gov geology.com worldoceanreview.com