Ruffdog

Natural Gas Production Outlook: Decreases Are in the Offing

Perhaps it is the other way around. The availability of cheap NG to power our factories will increase US production of products at home?


On Sep 06 12:10 PM john s. gordon wrote:

> if we can manage to start manufacturing things again in this country
> (a big if), NG consumption will increase.

Oil to Natural Gas Price Ratio

We are the Saudi Arabia of NG. With the new technology of extracting NG from shale we have it coming out of our ears and almost no place to store it. See link below.
www.eia.doe.gov/oil_ga...
Now we have to develop the NG transmission system to move it from the well to the user. The Northeast, US, as an example, uses heating oil to heat most of their homes. Pennsylvania is the closest NG rock shale to the NE US. If the energy department, our President and congress wanted to stimulate the economy and reduce our dependence on foreign oil, they would propose and support the building of a NG pipeline from, Pennsylvania to New England and give a rebates to each home owner who turned in their oil burning furnace for a NG burning furnace. This is a “no brainer.” It would:
1) Create American jobs; short-term engineering and building the pipeline and long term operating the pipeline.
2) Reduce our dependence on foreign oil homes would not be using oil for fuel.
3) Reduce global warming as NG emits much less CO2 than oil.