| Ohio has natural gas in the big shale layers | ![]() | ||
| Re: America has work to do, and can do it... Yes we can -- Federal Farmer | Post Reply | ![]() |
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Posted by: DWA 07/26/2008, 13:30:16 (About author)
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There's a new (?) technology that extracts natural gas from shale. Ohio, Texas, Louisiana have significant major *accessible* gas deposits under them, according to T. Boone Pickens recently speaking to a congressional comittee. The resource extraction cost is well under present markets. This discovery is realatively new, about 5 years old. AFAICS, it's a first come, first served situation, as long as the regulators will quit wringing hands and get out of the way. Natural gas would be a good marriage with wind power, since it would always be there, to buffer the wind turbines, which may have intermittent and variable winds. Naturally, some one needs to build a distribution network, government or private, rights of way need to be facilitated by government. Wind power will never be used up. So the turbines and their technology/infrastructure (General Electric makes them) are a very appropriate enduring gift to hand to the next generations, in case we aren't "there" ourselves. So, sorry that you don't own your farm. With mineral rights, you *could* be rich.
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