Full Title: Is Natural Gas Really the Next Big Thing?
Author(s): J. Thomas Ranken
Publisher(s): Washington Clean Technology Alliance
Publication Date: May 1, 2012
Full Text: Download Resource
Description (excerpt):
Is natural gas the new next big thing? It is being called a revolution in energy and a game-changer. Pulitzer Prize winning energy researcher Dr. Daniel Yergin claims that “By the beginning of this decade, the rapidity and sheer scale of the shale breakthrough—and its effects on markets—qualified it as the most significant innovation in energy so far since the start of the twenty-first century.” The President has proclaimed that the United States is “the Saudi Arabia of natural gas.” It is “the energy equivalent of the Berlin Wall coming down,” says Robin West, Chairman and CEO of PFC Energy.
They may be right. Over the course of the next several years, we are likely to witness dramatic evolution in energy sources. It will not be overnight, but it is likely that there will be steady movement away from coal and petroleum and toward natural gas.