The future of fuels – Natural Gas

24 01 2010

Shale gas drilling site in Pennsylvania, Source: MIT Tech Review

Natural gas has always been the poor cousin of oil: always the bridesmaid but never the bride. Why is that?

A high-level glance at a few indicators may provide you with quite a rosy picture. Not only can natural gas diversify your energy portfolio away from oil but it will also reduce your CO2 emissions – especially compared to coal for power generation. The upstream picture is quite attractive too. With plenty of proven resources and potentially game changing reserves just discovered below the US oil (the infamous shale gas), one cannot but wonder why natural gas does not become The fuel to transition our society out of fossil sources. Read the rest of this entry »