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Neo:
Not sure I understand your question. The listed
reserves are the proven reserves in the ground on U.S. territory. Future
estimates are a range since it depends on how much exploration you want to
do. Go back and look at reserves for the past 50 years or more.
Remarkably constant, reflecting exploration activities that are kept at a level
to maintain a desired reserve buffer.
Of course all natural resources are finite, including
the sun. But resource data and technological know-how do not support panic
at this time. That is not to say that we should not be moving toward
increased energy efficiency, non-fossil fuels, and other technologies. The
reality, I suspect, is that such movement will emerge in response to some type
of crunch. Mankind has always used the richest natural resources and then
moved to poorer grades only when necessary. To some extent that is the
case with energy also. As a result, one can, for example, make a case for
a bright future for energy-rich countries such as Russia, if they don't
screw it up in some other way. But until a crunch starts to develop, and
maybe it has, that moves the government to provide leadership in terms
of a meaningful energy policy most words will be somewhat
empty.
Bill
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
neo
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Sent: Thursday, September 13, 2001 9:57
PM
Subject: Natural Gas and other natural
resources
<SPAN
class=560564401-14092001>Bill
<SPAN
class=560564401-14092001>
<SPAN
class=560564401-14092001>Interesting figures. My concern is more available
potential supply in the ground in US territory. Any idea of the amount in
1980, 1990, and 2000 as well as estimates (with increasing consumption) for
2010 and 2020?
<SPAN
class=560564401-14092001>
<SPAN
class=560564401-14092001>Ultimately I do not believe that our society is
sustainable. We are using natural resources and destroying the ecosystem of
the planet that will ultimately lead to our own destruction. Hope I am wrong
but this is the way I see it.
<SPAN
class=560564401-14092001>
<SPAN
class=560564401-14092001>neo
<SPAN
class=560564401-14092001>
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<FONT face=Tahoma
size=2>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of wavemechanicSent: Thursday, September 13, 2001 8:13
PMTo: metastock@xxxxxxxxxxxxxSubject: Re: Stand proud,
America!
Neo:
Here are the figures:
Reserves (10^12 m^3) at end of
year:
5.4 (1980)
4.71 (1990)
4.74
(2000)
Consumption (10^11 m^3) at end of
year:
5.4
(1980)
6.2
(1990)
6.5
(2000)
Production (10^11 m^3) at end of
year:
5.1
(1980)
5.4
(1990)
5.6
(2000)
So reserves and production have been held constant
while consumption and imports increased. Given the fact that reserves
are not infinite, this does not sound like a sensible way to go, i.e., use
the other guys reserves before your own. But also, don't forget that
there is a huge reserve of gas locked up in the form of coal.
Actually, probably a good way to use the large reserves of low caloric value
coal.
As for shipping, natural gas can be shipped like
oil and, in fact, is shipped all over the world in liquefied form. The
U.S. currently obtains about 5% of its requirements in this
manner.
Solar, wind, geothermal, ocean tides, etc. are
certainly other alternatives. But there is no free lunch there
either. For example, how much space are we willing to turn over to
solar panel farms, which are not the prettiest things around? Or to
windmill farms? (Wisconsin did a study and the acreage required to
replace a fossil or nuclear power plant is significant.) How much of
our land are we willing to devote to such usage? Where will such farms
go? How cost competitive does alternative energy have to be?
Etc., etc. Certainly valid questions for governmental studies, but to
the best of my knowledge no answers at the present time. Then again we
have gone for many, many years without an energy strategy or governmental
leadership so the absence of answers is not
surprising.
Bill
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
neo
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Sent: Thursday, September 13, 2001
4:47 PM
Subject: RE: Stand proud,
America!
AlI did not mean short term. I was talking about
years not months. The US isrunning out of fossil fuels. I believe the
US receives about 30% of it'snatural gas from Canada. Natural gas
cannot be shipped like oil (where theUS cannot meet it's own needs and
is dependent on OPEC). The US must moveaway from fossil fuels and
towards nuclear, solar, and wind. The otherconsideration of course is
the carbon dioxide produced.If you have the forecasts on the
abundance of natural gas that the US hasfor many years ahead I would
like to see it.The US runs on energy and cannot afford to be so
dependent on OPEC.neop.s. I agree that more spies are
needed out in the field~ -----Original
Message-----~ From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx~
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Al Taglavore~
Sent: Thursday, September 13, 2001 1:03 PM~ To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx~
Subject: Re: Stand proud, America!~~~ neo> "...The US
is almost out of natural gas.....~~ This is totally
incorrect. The demand has increased for this~ clean
burning~ fuel, and the exploration and production has increased
to meet demand.~ Check the futures markets, check the annual
reports for natural gas~ companies as to their increase of
supply (this can be done by reading the~ reports from the
companies websites).~ ----------~ > From: neo
<neo1@xxxxxxxxx>~ >
To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx~
> Subject: RE: Stand proud, America!~ > Date: Thursday,
September 13, 2001 6:57 AM~ >~ > John~
>~ > I agree totally. France generates 80% of it's
electricity from nuclear~ > power. The US is almost out of
natural gas. We should move to nuclear~ power.~ >
This is one of the biggest national defense issues the US has.~
>~ > neo~ >~ >~ >
~ -----Original Message-----~ > ~ From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx~
> ~ [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of John
Adair~ > ~ Sent: Wednesday, September 12, 2001 10:13
PM~ > ~ To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx~
> ~ Subject: RE: Stand proud, America!~ >
~~ > ~~ > ~ Terrorism will persist as long
as we finance it with our~ > ~ purchase of oil.
We~ > ~ Must start a massive project to become
independent of the~ Middle East~ oil~ >
~ producers. We must develop alternative energy sources.
Osama~ > ~ will return~ > ~ to
finish the job he started. Eliminate The USA and Israel.~ >
~~ > ~ -----Original Message-----~ >
~ From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx~
> ~ [mailto:owner-metastock@xxxxxxxxxxxxx]On~ >
~ Behalf Of neo~ > ~ Sent: Wednesday, September
12, 2001 7:29 PM~ > ~ To: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx~
> ~ Subject: RE: Stand proud, America!~ >
~~ > ~ Glen~ > ~~ > ~ I
do not think she was talking about Canada. Canada and the US
are~ very~ > ~ close. It is many of the other
countries.~ > ~~ > ~ Look at Palestine.
The US has done everything it could do~ to get them~
a~ > ~ county back and they were dancing in the streets
when this~ > ~ happened. The US~ > ~
went to liberate Kuwait and yet in Saudi Arabia people were~
> ~ dancing in the~ > ~ streets. The US is in
a recession and OPEC just keeps their oil~ > ~ prices
high~ > ~ which strangles the US economy.~
> ~~ > ~ neo~ > ~~ >
~~ > ~ ~ -----Original Message-----~
> ~ ~ From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx~
> ~ ~ [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of
Glen Wallace~ > ~ ~ Sent: Wednesday, September
12, 2001 7:11 PM~ > ~ ~ To: MetaStock
listserver~ > ~ ~ Subject: Re: Stand proud,
America!~ > ~ ~~ > ~ ~~
> ~ ~ > I can name you 5000 times when the Americans
raced to the help~ > ~ ~ of the other~
> ~ ~ > people in trouble. Can you
name me even one time when~ > ~ ~ someone else
raced~ > ~ ~ > to the Americans in
trouble? I don't think there was outside~ > ~
~ help even~ > ~ ~ > during the San
Francisco earthquake.~ > ~ ~~ > ~
~ For shame. Canada continually and consistently aids
its~ > ~ ~ neighbour, and vice~ >
~ ~ versa. Canada has sent medical personnel to New York
yesterday~ > ~ ~ and today,~ >
~ ~ and blood collection services even here in the west
are~ > ~ ~ overwhelmed. If I set~
> ~ ~ my mind to it, I'm sure I could name 5,000 times when
Canada did~ help.~ > ~ ~ Here's a
few -- the forest fires in north western U.S. this~
> ~ ~ summer, the Exxon~ > ~ ~
Valdez clean-up, the U.S. Embassy in Tehran, the ice storms in~
> ~ ~ north eastern~ > ~ ~ U.S.
(and Canada) in 1998. I don't want to hear any more of~
> ~ ~ this crap; take~ > ~ ~ it
off-list.~ > ~ ~~ > ~ ~~
> ~~ >
~~
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