Gas From Shale Oil Would Solve Energy Problems
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While we pay $zillions to terror-sympathetic Muslim regimes for oil, we are sitting on all the energy we will need for decades:
Advances in technology for extracting gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected.
Tony Hayward, BP’s chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years’ supply — and rising fast. …
“There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources,” he said.
However, this is only good news if the government allows us to use the new technology to unlock our own resources. The environmentalist extremists who call the shots won’t like this:
Shale gas is undoubtedly messy. Millions of gallons of water mixed with sand, hydrochloric acid and toxic chemicals are blasted at rocks. This is supposed to happen below the water basins but accidents have been common. Pennsylvania’s eco-police have shut down a Cabot Oil & Gas operation after 8,000 gallons of chemicals spilled into a stream.
Under the current regime, fortunes will continue to flow not only to Arabs but into futile windmill, solar, and biofuel boondoggles, while all the fuel we need waits under our feet for the moonbattery to abate. If our liberal rulers had any interest in energy independence, we would be allowed to drill our own oil, and build refineries and nuclear plants, so don’t expect them to permit shale extraction on an economically meaningful scale.
On a tip from Chad. Cross-posted at Moonbattery.
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