(06-22-2012, 06:24 PM)Kreeper Wrote: Say, if you are still around, what are your thoughts on the current natural gas situation?
Regarding what? Availability, Fracking, use as a energy source???
What I am not happy about is electrical providers pricing usually followed the price of natural gas. Now not so with tighter emission standards electrical pricing is still rising to offset new generating plants.
Availability? Sure with new Fracking Technology there comes much higher availability of natural gas reducing prices of the commodity. Natural gas will be used more as a primary source of energy. But this all will take time. The cost is tremendous. Like I have always said it will take a diversification of alternative energies to curb the energy business shortages-but it's coming..
Fracking? I worry about it. Not the compounds used to fracture but the geological environment that they are fracking. There are a lot of different geological formations that hold a lot of pressure down there. Some formations are more brittle than others and are under more pressure. I feel that at present practices there is no way to control the size or direction of a fracture. If your Frack goes too far there can be severe environmental issues along with geological anomalies. Like earthquakes. Now that's a whole new ballgame earthquakes releasing smaller amounts of energy is better than larger earthquakes releasing larger energy.
Just my quick thoughts there buddy...