"Meanwhile, natural gas has overcome two of its biggest hurdles — volatile prices and questionable supplies."
“At the end of the day, when you look at the risk-reward equation, natural gas comes out as a winner,” said Lawrence J. Goldstein, an economist at the Energy Policy Research Foundation. “It’s a technical knockout.”
COMMENT:
What this reporter fails to put into the equation are the alternative renewable energy alternatives, solar and wind, which have had little to no attention by our federal or state governmental agencies as they rush to support corporate development of oil and gas markets along with "clean" nuclear.
It is time to broaden the equation to look at the entire community at large....at what really is at stake. If we racket down from a nuclear meltdown, and look at the health risks from air emissions and water contamination alone from natural gas development (drilling & hydraulic fracturing), it becomes clear that neither of these options are acceptable. What really is being ignored is the impact to LIFE! The blinding by this massive push to support the fossil fuel industry's control sets a precarious path for those that follow it--radio active contamination in water from natural gas development and radio active contamination in water from Japan's nuclear reactors. Which would you prefer?
Drilling Mora County
March 21, 2011
Natural gas may be having its day, as its rival energy sources come under a cloud.
A natural gas cargo ship about to berth in Taichung, Taiwan. Analysts are anticipating a new boom in gas consumption.
The serious problems at the nuclear power plant in Japan have raised new doubts about the safety of nuclear energy. New exploration has yet to resume in the Gulf of Mexico after last year’s blowout of a BP oil well. And coal plants have been under a shadow because of their contribution to global warming.
Meanwhile, natural gas has overcome two of its biggest hurdles — volatile prices and questionable supplies. In large part because of new discoveries in the United States and abroad that have significantly increased known reserves, natural gas prices have been relatively low in the last two years.....continued.....
