pipelines

This guy might be cracked but it is fun and I am long.




The world’s energy markets are being completely transformed.

The results of the changes will affect the global power structure, and America is going to be a major benefactor of it all.

If you believe we’re going to live in a utopia of solar panels and windmills, think the world is coming to an end because of carbon dioxide, or happen to be an Arab sheik that's made a fortune off of America’s endless thirst for oil, you’re not going to like the change.

But if you want to invest in the future of American energy — and make some "evil" profits by helping accelerate the real American energy boom — then you’re going to like where things are headed...

http://email.angelnexus.com/hostedemail ... =WQVMfSTNd

I thought this piece on the success of natural gas production in the good o'le U, S of A was interesting and somewhat relevant. Why get in a fight with the Iranians over access to the Persian Gulf if you can find your energy domestically...and put American's to work in the process?

Shale gas gives rise to era of energy independence

http://www.marketwatch.com/story/shale- ... 2011-12-02

A boom in shale gas production in recent years has helped lift U.S. natural gas supplies to a record level, creating an ideal environment to sustain low prices and offering a launching pad for a new era in a country striving for energy independence.

It’s “hard to argue against natural gas as a clean, abundant, and domestic energy supply,” said Dan Pratt, director of equity research at IHS Herold. “It should be a growing component of our energy supply going forward.

“However, the speed of development will depend on many things, including economic, political, and environmental issues,” he said.

The U.S. has 2,500 trillion cubic feet of potential natural gas resources. Gas from shale accounts for 862 trillion of that, according to the EIA, more than double the estimate published last year.

That estimate “could very much increase by several multiples,” said Dimitris Kapsis, chief energy officer at American Utility Management. “The facts behind shale gas production have added significantly to natural gas reserves and with gains in shale gas discoveries and technology, shale product is certainly sustainable.”

I'm trying to wrap my brain around how large 2,500 trillion cubic feet of domestic natural gas is?

Sort of sounds like our National debt. A really, really big number.

Really big (see map)

Not far from me - the San Juan Basin represents over 1 trillion cubic feet of that volume.

Billion-dollar construction boom! That sounds like work for lots of Americans.

Shale gas opens door to U.S. LNG Exports
Energy companies step up effort to ship surplus gas overseas

NEW YORK (MarketWatch) -- A decade ago, a global glut of clean, cheap natural gas bred big plans to import liquefied natural gas to the energy-hungry United States.

That’s all changed.

Nowadays, energy companies are tapping into previously untouched North American gas reserves, prompting them to take a hard look at ways to sell their new-found gas to the rest of the world.

This sudden shift from gas importer to possible exporter is the result of innovative drilling technology that frees gas trapped in vast shale rock formations that until recently had been dismissed as non-commercial.

For the U.S. to become a serious natural gas exporter requires building a costly infrastructure, which will only happen if the right market conditions exist in coming years.

Nevertheless, several companies already have plans to build liquefied natural gas, or LNG, export terminals while others are well into the evaluation process, raising the prospects of a billion-dollar construction boom for these highly specialized facilities.

The United States currently has several LNG receiving and storage facilities but none of the liquefaction equipment required to prepare natural gas for export.

With natural gas selling in Europe at more than twice the $3.50 per million British thermal units it fetches in the United States, the payoff could be rich.

Sh** I just found the thread! Good to see that LPG/CNG is viewed favorably. I was working on the western slopes of the Piceance area and this is an extremely viable energy source. Especially when you consider hydro-carbon based fuels to be "abiogenic" and not "biogenic".

lionshead2010 wrote: I'm trying to wrap my brain around how large 2,500 trillion cubic feet of domestic natural gas is?

Sort of sounds like our National debt. A really, really big number.

Think Michael Moore. Ok... now think of Michael Moore farting. Got it?

The Liberals GOP Twin wrote:

lionshead2010 wrote: I'm trying to wrap my brain around how large 2,500 trillion cubic feet of domestic natural gas is?

Sort of sounds like our National debt. A really, really big number.

Think Michael Moore. Ok... now think of Michael Moore farting. Got it?

excellent analysis.... rofllol

2,500,000,000,000,000 x 1027 = 2,567,500,000,000,000,000 btu's
2 567 500 000 000 000 000 Btu = 26 884 816 754 000 gallon [U.S.] of LPG
2 567 500 000 000 000 000 Btu = 20 559 016 570 000 gallon [U.S.] of automotive gasoline (20.56 trillion)

sh** load...if my math is good and it would be great for someone to check because there are way too many f'n zeros.....

So would it be safe to call the Keystone XL Pipeline a "shovel-ready project"?

And I heard the NLRB is going to allow the building of that Boeing Plant in South Carolina. A good day for business I think.

Shovel ready it is and not sure how the courts ruled for Boeing?