Michael Fitzsimmons

An Energy Policy That Makes Sense, Revisited

thanks for your comments. as usual, the author like to make the comment section a two-way conversation:

wrt natural gas: the lower-48 and canadian production trends are not encouraging. that is why it is important to build the nat gas pipeline from alaska to the lower-48. also, i keep forgetting to mention LNG terminals in my energy policy - we need to license and build more of these! new york recently denied an application, and don't you know they will be the first ones to complain when nat gas prices begin to take off like gasoline prices are now. we need to be able to import LNG on both east and west coasts. i did mention nat gas as a transportation fuel. boone pickens is focusing on nat gas fleets, where the refueling infrastructure is more feasible. honda has a nice nat gas car, and there is a fairly cheap adapter owners can attach to their nat gas lines at home to refuel it. read about it here:
automobiles.honda.com/.../

pursley: so, the fact that the peak oil theory was predicted, and has been verified, for the largest oil reservoirs in alaska, the lower-48, the north sea, and mexico mean nothing to you?? the facts are this: currently worldwide oil production is ~85 million BPD. now, out of this, worldwide production must find an additional 4 million BPD of NEW oil every DAY just to keep up with the depletion rates existing fields to STAY at 85 million BPD. sure, there have been some elephant fields discovered lately (the first in a long while...) by chevron in the gulf, and two in brazil. however, all three of these fields are in deep water, deep rock, far from shore and existing infrastructure, and will take technology not existing today to bring into production and delivery. this will take 5-10 yr minimum. by that time, depletion rates at existing large reservoirs will be even greater than today. meantime, demand in china, india, russia, and the middle east will continue to grow. i mean, are you serious? this is a "liberal political conspiracy"? what are you smoking? actually, maybe you should smoke something. please, go online and look at the production rates of alaska's prudoe bay. also check mexican production at the cantrell oil field. check also north sea production depletion rates. not to mention the first verified peak oil theory, the US lower-48! man, get a clue. sorry to be so harsh, but you are so blinded by ideology you forgot to check your facts.