June 6, 2011
AND IT DOESN'T TRANSFER OUR CASH TO DICTATORS:
Natural Gas Entering 'Golden Age' (GUY CHAZAN, 6/05/11, WSJ)
The increasing abundance of cheap natural gas, coupled with rising demand for the fuel from China and the fall-out from the Fukushima nuclear disaster in Japan, may have set the stage for a "golden age of gas," the International Energy Agency said Monday.
Under a scenario set out by the IEA, global consumption of natural gas could rise by more than 50% over the next 25 years, with it accounting for more than a quarter of global energy demand by 2035, up from 21% now.
Posted by oj at June 6, 2011 5:18 PM