Skip Olinger

Is There Enough Natural Gas?

What a pathetic post.


On Apr 27 10:30 AM Ferdinand E. Banks wrote:

> Hmm. I like to see this kind of work. Too many mediocrities working
> in energy for my taste. But even so I know a couple of things that
> bother me when reading this article. I'm thinking of 'FUELING HALF
> OF ALL US TRUCKS AND CARS WITH NATURAL GAS, AND REPLACING 50% OF
> COAL FIRED PLANTS WITH NATURAL GAS. 'That may sound good, and make
> sense from the point of view of chemistry, physics, biology, political
> science, witchcraft and gender studies, but from the point of view
> of energy economics - and the leading academic energy economist in
> the world, as I occasionally call myself - it is very very wrong.
>
>
> Then why don't I produce some numbers which show that it is wrong.
> Well, as a Canadian billionaire once said, we are living in the most
> dishonest period in history, and so I belong on the sidelines. But
> I will say that ANDY has the right idea: flow rates and possible
> flow rates tell a very different story from inventory values. And
> by the way Mr Nieder, Germany had some of the highest electric prices
> in Europe, and given their grotesque belief in wind I doubt whether
> it has decreased.