<There Was Movement In The Basin... The Oil Drum The rising fortunes of coal - perhaps>

52 comments on A Brief Natural Gas Update (It's Thursday)

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The Dude on March 27, 2008 - 8:11pm Permalink | Subthread | Parent | Comments top

NG in North America is not like world oil. Prices are only a thin margin above drilling costs.

Has anyone analyzed the potential for government subsidies supporting drilling? It's a national security matter, after all. And I doubt taxpayers would object to paying a bit more on April 15th for keeping the lights on and the house warm.

I keep telling people to reinsulate, even before anything about veggie gardens. Need/plan to take my own advice soon as well...

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JonFreise on March 27, 2008 - 9:31pm Permalink | Subthread | Parent | Comments top

Unfortunately that just causes the NG to run out faster at a lower perceived cost. It is very popular with oil companies however.

Generally subsidies need to be on the insulation side for older buildings/homes and tough regulation on new buildings. There is no reason new buildings need to use much energy to heat and cool.

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chemE on March 27, 2008 - 9:45pm Permalink | Subthread | Parent | Comments top

I have decided to voluntarily send an additional 10% of my income to the Government to support additional drilling for natural gas.

We keep the house cool in winters, warm in summers - however I am worried that my fellow Americans' multitude of commercial and residential spaces - shall not be sufficiently HOT in Winter and COLD in Summer.

I encourage all right thinking Americans and Canadians to do the same.

May the force be with you.

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Nate Hagens on March 27, 2008 - 10:20pm Permalink | Subthread | Parent | Comments top

youre kidding right? they have no allocation mechanism to do that-plus they would need millions. Your gesture is noble but maladaptive

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chemE on March 27, 2008 - 10:36pm Permalink | Subthread | Parent | Comments top

Yes I am kidding and was being sarcastic.

- I think that we use an excessive amount of fossil fuels & the oil drum has a nice quote - ...burning oil for fuel is like burning a Picasso for heat...

- The scale of American consumption is mind boggling (all 20 tcf annual NG burning is ultimately used for HVAC - even in manufacturing facilities

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52 comments on A Brief Natural Gas Update (It's Thursday)

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