Peak Oil

PEAK OIL AND GAS DISCUSSION

ON NATURAL GAS RESERVES:

CONCERNS EXPRESSED:

  • ASPO (Association for the Study of Peak Oil and Gas – home page = http://www.peakoil.net/ ) conference in October 2009, Art Berman gave a stirring talk “Cautionary lessons from the Barnett Shale” whereby he questioned whether we really have the gas reserves that DOE and PGC (Potential Gas committee) have. His video can be seen at: http://www.aspo.tv/arthur-e-berman.html – which unfortunately requires a purchase at: http://www.aspo.tv/(no longer a valid link)
  • WEB page: http://petroleumtruthreport.blogspot.com/2009/04/haynesville-sizzle-might-fizzle.html

A REBUTTAL:

  • In June 2009, The Potential Gas Committee http://geology.mines.edu/pgc/ had a press release that starts with: The new PGC estimate of the total United States natural gas resource base at year-end 2008 is 2,074 trillion cubic feet (Tcf), more than 36 percent higher than in 2006. This total reflects a 515 Tcf (36 percent) net increase in the PGC estimate of potential natural gas resources to a volume of 1,836 trillion cubic feet, the highest level in the Committee’s 44-year history. It also includes 238 Tcf of proved gas reserves at year-end 2007, the most recent estimate independently made by the Energy Information Administration, U.S. Department of Energy. Click here for full story
  • Chris McGill and John Curtis rebuttal entitled: Natural Gas -Thank Goodness for All Those Critics – Acrobat PDF
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