New US natural gas production record?

[Maddog78]

Fair point, haha.
So then you believe that we can ramp up and convert to a largely n. gas future if required?
Me, too.

[Maddog78]

iea-doubles-natural-gas-estimates-250-years-of-joy-to-come-t60604.html


Whoah, this is fortuitous timing.

[dinopello]

Fair point, haha.
So then you believe that we can ramp up and convert to a largely n. gas future if required?
Me, too.

Until it run out, that's what we are going to do eventually. We will burn anything that will burn down to the last picinic bench.

I just don't understand Americans who think it's in our best interest to "Deplete America First".

[joewp]

What even makes you think that there's enough natgas out there to make even a moderate dent in gas and diesel demand?
Or more to the point, that we can extract it fast enough to satisfy the increased demand?

What makes you think there isn't?
More to the point you haven't noticed the reversal in US n. gas production?
You haven't noticed that storage is completely full? The coldest stretch of winter weather in years is only just now barely putting a dent in it.
You haven't noticed the unbelievable amount of gas that can be produced in the U.S. and Canada?
The kicking off of the shale gas business in Europe and Russia now?
Extraction is no problem. Gas wells are being shut in. Drilled wells are left unfracced.
Estimates are in the thousands.
If demand was such in the future, it would not be a big deal to put another 1000 rigs to work. It's been done before.
These would be rigs that would be working in North America. Not the middle east.
Imagine that. Not sending all that cash overseas and employing Americans to deliver American energy to the country.
Yeah, I guess that sounds crazy. Better to just keep sending money to the sheiks until the country rolls over and dies.

Better to send the money to supra national corporate-types in monkey suits?

Yeah, I've seen that. I've also seen flaming faucets, people's fresh groundwater replaced by tanks of water shipped in, dead cattle from the natgas escaping out of fracs that weren't planned, fracking fluid seeping out of the ground, houses exploding and a myriad of other problems caused by the imprecise and immensely polluting process of fracking for shale gas. And all that's been happening is less populated areas. Wait till the drilling companies buy enough congresstwits to expand to drilling in populated areas more. Let's poison the whole country so you can putt around in your cng vehicle, right?

About this article iea-doubles-natural-gas-estimates-250-years-of-joy-to-come-t60604.html
250 years is a very misleading figure, because it's at current rates of consumption. You guys right here are trumpeting that we should increase our use of natgas, but once you start doing that, you run into some problems...

What do you think is a good rate of growth of natgas consumption going forward? 5%? 10%?

Well, at just 5% growth per year, that resource will last 53 years and at 10%, just 34 years, and the peaks of extraction will come in half those times. So I guess a good solution to you is one that extends crunch time past the date of your death? That's pretty selfish of you, isn't it?

Whatever, OF2. Pstarr's point is that oil and natgas aren't fungible is still true. Natgas needs heavy investment in infrastructure which isn't cost effective, even at today's moderate ng prices. Want an example?

HOWELL — New Jersey Transit's nearly decadelong, multimillion-dollar trial run with low-polluting buses that burn compressed natural gas is over — for now.

The agency, which has 76 of the buses, does not plan to buy any more because of their overall costs, officials said.

"If we were to move to CNG (compressed natural gas) on a wide scale, it would require millions and millions of dollars of capital improvements" at NJ Transit garages, said Dan Stessel, a NJ Transit spokesman.

Instead, the agency is buying 1,145 new ultra-low sulfur diesel buses — representing roughly half its fleet, officials said. Their emissions are comparable to those from new CNG buses — yet they cost less.

NJ Transit to stop buying compressed natural-gas buses - NYC Transit Forums

So see? Not fungible, and for bus lines, not even economic.

Of course, being here for any length of time you should know all this, but I thought I'd let you ignore the facts just one more time...

[pstarr]

NJ Transit to stop buying compressed natural-gas buses - NYC Transit Forums

So see? Not fungible, and for bus lines, not even economic.

Of course, being here for any length of time you should know all this, but I thought I'd let you ignore the facts just one more time...

This pretty much proves the point, but there is still hope. There are still CNG golf carts, some sexy enough for Oily, Xeno, and MD20/20.



deleted is going to have to wait, though. He plans on ignoring facts for-freakin'-ever. That's just the way the cornie brain rolls.

[kildred590]

Sure you can run vehicles on natural gas.

Of course, if large numbers were run on CNG, you would soon find you had a much shorter supply of gas than you previously thought you had.

And the US is exporting NG, so the 250 year timeline is already wrong.

[DoomersUnite]

Sure you can run vehicles on natural gas.

Of course, if large numbers were run on CNG, you would soon find you had a much shorter supply of gas than you previously thought you had.

And the US is exporting NG, so the 250 year timeline is already wrong.

So...we substitute natural gas for another century of happy motoring? Sounds reasonable. Why worry about natural gas anyway, we've got plenty.

[DoomersUnite]

Sure you can run vehicles on natural gas.

Of course, if large numbers were run on CNG, you would soon find you had a much shorter supply of gas than you previously thought you had.

And the US is exporting NG, so the 250 year timeline is already wrong.

So...we substitute natural gas for another century of happy motoring? Sounds reasonable. Why worry about natural gas anyway, we've got plenty.

[kildred590]

It'd be more like 50 years, given the amount of fuel used in the national fleet and the 900 extra gas electricity plants that are going to be built.

And it won't make any more oil.

So there's no reason to believe that the price of NG would be low in a post-peak environment. Not unless the US goverment quarantined the fuel like Carter did in the 1970s which would lead to the same shortfalls in supply.

So there's still a problem, it doesn't totally fix it.
The days of 50 cent a gallon gas won't be coming back.

[Xenophobe]

It'd be more like 50 years, given the amount of fuel used in the national fleet and the 900 extra gas electricity plants that are going to be built.

And it won't make any more oil.

It already is. Have you noticed the volume difference between conventional crude production and total liquids production, and where some of that difference comes from? Check it out.

So there's no reason to believe that the price of NG would be low in a post-peak environment. Not unless the US goverment quarantined the fuel like Carter did in the 1970s which would lead to the same shortfalls in supply.

Carters quarantine of natural gas in the late 70s with the Fuel Use Act led to the natural gas bubble of the 80's, which WASN'T a shortfall in supply by any means. Admittedly, he was a twit though, so...

So there's still a problem, it doesn't totally fix it.
The days of 50 cent a gallon gas won't be coming back.

Cool. I'm all for $10/gal gasoline. How about you?

[RankineCycle]

It'd be more like 50 years, given the amount of fuel used in the national fleet and the 900 extra gas electricity plants that are going to be built.

If gas prices remain low I would expect to see any and all plans for coal go out the window, if they haven't already. Gas-fired combined cycle is to a microwave oven as coal is to a cast-iron cook stove...cheaper, easier, faster, and more efficient. And with 1/4 the CO2 emissions per kWh our Kyoto friends will be happy!...assuming they don't count the methane leaks from pipelines, etc. as carbon dioxide equivalents.

[OilFinder2]

Looks like we've now got some numbers for the whole year.

Based on the "marketed production" measure, production in 2010 came *just* shy of the 1973 record.


data

However, based on the "gross withdrawals" measure, we not only broke the record last year, but have broken the record for the past 4 years. I don't recall seeing this data series go back that far before, the EIA must have recently calculated it, or something.


data

So, taking the two measures together, I think it's fair to say we've got a new annual production record.

A second peak!

[DoomersUnite]

A second peak!

As they say in Highlander...THERE CAN ONLY BE ONE!!!

[Ferretlover]

If gas prices remain low I would expect to see any and all plans for coal go out the window, if they haven't already. Gas-fired combined cycle is to a microwave oven as coal is to a cast-iron cook stove...cheaper, easier, faster, and more efficient. And with 1/4 the CO2 emissions per kWh our Kyoto friends will be happy!...assuming they don't count the methane leaks from pipelines, etc. as carbon dioxide equivalents.

You've got that completely the wrong way around.

Brown coal is far cheaper than gas. It is only because the US government has mandated more gas plants that the gas is even viable.

If this hadn't have happened, none of the gas plants would have been built.
This is demand by decree, not a "free market".

[OilFinder2]

Ladies and gentlemen, boys and girls, may I have your attention please.

We have a new all-time monthly US natural gas marketed production record!

I repeat: For the first time ever, US marketed natural gas production reached 2 million Mmcf (that's 2 million million cubic feet, in case you don't know) in a single month!

EIA Data


Thank you, and have a nice day.

[vision-master]

So demand is up, eh oily. It's all about more, more an more ain't it oily. Taht's more, more an more for yer wall street white shoe boy's. lsol u2 [del oily.*]

[John_A]

EIA Data

Thank you, and have a nice day.

What has ASPO to say on these multiple peak production rates, so many decades apart? And can it happen in oil production as well? It doesn't appear to fit in very well with peak as a predictive profile certainly. Is there an explanation for this?

[babystrangeloop]

[John_A]

If, as you appear to imply, hydrofracking is bad, are you also saying that it is the explanation for why we have no much natural gas around nowadays?

[babystrangeloop]

we have no much natural gas around nowadays?

Yes, we have no much natural gas
We have no much natural gas today!

But I thought we were discussing blackouts?

Minn. budget talks end abruptly as shutdown looms
By MARTIGA LOHN Associated Press / The Associated Press - ST. PAUL, Minn. / June 26, 2011

The two sides have said little in recent days about the content of their discussions, but the latest turn took the information blackout to a new level.

Oops, wrong kind of blackout.

Insiders Sound an Alarm Amid a Natural Gas Rush
By IAN URBINA / NYT / June 25, 2011

Mr. Pickens said that technological improvements — including hydrofracking wells more than once — are already making production more cost-effective, which is why some major companies like ExxonMobil have recently bought into shale gas.

Whatever T-bone Steak says.

http://youtu.be/U53wliPFhkI