Natural Gas Hydrates in Alaska

Any wagers on the Democrat controlled Congress and White House of the next administration allowing the development of this resource?


Gas Hydrates on Alaska’s North Slope Hold One of Nation’s Largest Deposits of Technically Recoverable Natural Gas

Secretary Kempthorne Releases USGS Assessment, Says Gas Hydrates Could Significantly Add to U.S. Energy Mix

WASHINGTON, D.C. – Secretary of the Interior Dirk Kempthorne and U.S. Geological Survey Director Mark Myers today released a USGS assessment estimating that there are 85.4 trillion cubic feet of undiscovered, technically recoverable gas from natural gas hydrates on the Alaskan North Slope. This would be enough natural gas to heat more than 100 million average homes for 10 years, according to current usage rates provided by the Energy Information Administration. However, further research, including long-term production tests, still is needed to demonstrate gas hydrates as an economically producible resource.

“The assessment points to a...(complete article here).

The Pickens Energy Campaign

Forgive my skepticism but I have a hard time believing that Mr. Picken's motives are not self serving. There may be other issues at stake. I'm certain that his investments will be well-rewarded from these expenditures.

Pickens Goes For The Grass Roots

Allison Fass, 07.11.08, 4:00 AM ET


"Did you know, back in 1970, we imported 24% of our oil, and by 1990 it was 42%," says billionaire T. Boone Pickens, in his Texas drawl, at the start of a national commercial that began airing this week. "Today, it's almost 70% and climbing every minute." His voice plays as the words appear in white letters on a black screen. A fire slowly burns into the background.

The octogenarian oilman has...(complete article here).

Following are related posts that I have previously made:

http://agriconenergy.blogspot.com/2008/07/balancing-needs-in-new-energy-economy.html

http://polytickle.blogspot.com/2008/07/pickens-energy-plan-and-media-blitz.html

http://polytickle.blogspot.com/2008/07/opportunities-for-doing-right-thing.html

LNG Capacity Expansion

LNG will be an important source of energy as we transition to new technology.

Natural gas to go global

Capacities for handling and moving commodity are growing

By TOM FOWLER
Copyright 2008 Houston Chronicle

Natural gas is poised to become a truly global commodity in the next two years because of growing capacity to liquefy it, transport it by sea and then turn it back into gas, according to a report set for release in Houston today.

Liquefaction capacity...(complete article here).

Lower Electric Bills?

Some good news for consumers.

Texans likely to see lower electric bills this year

Added capacity, milder weather among factors shaping predictions


By TOM FOWLER
Copyright 2008 Houston Chronicle

A 42-inch natural gas pipeline in Weld County, Colo., could have as much to do with Texans' electric bills this year as the threat of hurricanes in the Gulf of Mexico.

The steady rise in U.S. power prices already had been projected to slow down in 2008 thanks to...(complete article here).

Turkmenistan Natural Gas

It's amazing that in this day there are still countries that are virtually closed to the world markets. Turkmenistan could become an important supplier of natural gas to Europe.

11/15/2007 13:19
TURKMENISTAN

Turkmen gas industry opening to international markets

The country’s isolation is ending. With one the biggest natural gas reserves, the Central Asian nation wants Western investment to increase output and sales. A trans-Caspian gas pipelines is designed to counter Russia’s competition.

Ashgabat (AsiaNews/Agencies) – At least 500 investors and energy ministers from around the world have gathered in the Turkmen capital for a week-long conference which marks the end of a self-imposed isolation in the oil and gas sectors. For the past 21 years the Central Asian country was under the dictatorship of the late Saparmurat Niyazov and kept the outside world at arm’s length, except for Russia which bought most of its goods, at below market prices. The new...(complete article here).

Bugs Create Natural Gas from Oil

This is intersting. From Forbes:

Innovations: Organic Fuels
Gassy Bugs

Kerry A. Dolan 10.11.07, 6:00 AM ET

BURLINGAME, CALIF. -
Who knew that tiny bugs deep underground are burping out natural gas, even at this very moment?

Three years ago, Luca Technologies, a start-up in Golden, Colo., discovered that microorganisms in U.S. coal fields are converting--in real time--large hydrocarbon molecules into methane, a natural gas. The obvious entrepreneurial reaction? Harness those "bugs" and put them to work producing natural gas in underutilized oil and coal fields, decided Luca Technologies Chief Executive Robert Pfeiffer.

Now some big backers are betting that Luca’s technology will pay off. In late...(complete article here).

Think of the possibilities: Recover fuel in the form of methane from old "played-out" fields, convert used oil, convert inaccessible oil to natural gas, etc. Natural gas is one of the cleanest burning fuels available.