Natural gas is cheap and plentiful, eh? Really? It’s the source we should use for energy because it’s so common we’ll never have to worry about a supply crunch?
Dang, well, I like to think I’m young, but I’m pretty sure I remember in my lifetime this not being the case. Actually, I’m damn sure of it. Believe it or not, the natural gas market is just about as volatile as the petroleum market. For those who don’t remember, around 1999-2000, gasoline was under a dollar a gallon. Ten years is really not all that long ago, especially when you’re about infrastructure and building it – as infrastructure tends to last more than ten years. Natural gas doesn’t tend to be much more stable.
In fact, the cost of natural gas and its availability is effected by a number of things: politics in countries like Qatar and Russia, the worldwide demand for plastics and various chemical products, the severity of winter and the cost of oil and the volume of heavy crude being refined, the availability of pipelines and well heads all factor in to how much natural gas is being consumed and whether enough can be provided.
Based on television ads and the general opinion of many on natural gas, it would seem like this isn’t the case. Unfortunately, reality stays the same no matter how much you say something.
So now, for those with a poor memory, here’s a refresher:
This entry was posted on Sunday, February 21st, 2010 at 9:19 pm and is filed under Bad Science, Enviornment, History, Obfuscation, Politics, media. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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