Those Fracking Chinese - They Are So Full of Gas, Natural Gas That IsPosted by Fisher Baldwin on February 1st, 2021 The United States is hardly the only nation that has an abundance of natural gas. There are other countries that are also exporting their left over abundance, and now we have new technology to get even more. That technology will be shared around the world, and even if it isn't shared, others will soon follow. Some nations may choose not to involve themselves in "fracking" technologies because perhaps they don't understand it, environmentalist concerns, or the geological formations under the earth where the gas is located is not separated by enough Earth from underground freshwater supplies. Nevertheless, many in the natural gas industry in the United States would like to export this energy. Already Congress is concerned, because although we have hundreds of years of supply, especially considering all the new methods we are using such as fracking, we also want cheap and abundant energy here, and we don't want to run out. Of course, who says we will be able to export all of this gas, if all of our potential international customers are using the same methods to get their own gas out of their own ground? According to the China Economic Review on March 18, 2012 "China forecasts surge in shale gas production," as the country will begin fracking methods and expect annual shale gas increase hyperbolically in 2015 and up to ten-fold by 2020, and there was another interesting article about this in the WSJ titled; "China Forecasts Soaring Shale-Gas Output," published on March 15 and updated on March 16, 2012. Sure, this is totally expected, and I wrote about this back in 2008. Indicating that eventually 3 phase centrifuge would be using the same technology. Yes, China likes to make lots of future projections when it comes to their economy. Some are very robust forward-looking statements which don't make a lot of sense, and obviously you can't have 10% year-over-year growth forever, to project such is simply nonsense, akin to the global warming alarmists and their hockey puck stick. Figures lie, and liars figure, an exponential growth forever is not possible, or at least exponential graphs forever are impossible when it comes to natural resources in economics here on Earth. Kitchen waste centrifuge is; in the United States we are full of gas, and we have tons of it, and we are finding more all the time. But I would submit to you that the Chinese are also full of gas, and now that they've found fracking, you can bet they're going to go get it all. This could turn out to be a good thing because they have so many coal-fired electricity plants generating energy, and all that is severely polluting their air. So maybe those fracking Chinese aren't so bad after all? You be the judge.Like it? Share it! More by this author |