Sunday, August 2, 2009

Natural Gas shortage? 53 years for the USA

According to The Oil Drum, the amount of natural gas the US has can last for around 53 years.

The article has a few snippets from different American newspapers, and here's an extract from the New York Times

Thanks to new drilling technologies that are unlocking substantial amounts of natural gas from shale rocks, the nation’s estimated gas reserves have surged by 35 percent, according to a study due for release on Thursday.

So what can this mean? The US won't really have to worry for gas - atleast in the short term. If there are any energy crises, then I guess they could do some sharin' and carin'!

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