Cold, hungry and in the dark : exploding the natural gas supply myth / Bill Powers ; foreword by Art Berman.

Format:

Book

Author/Creator:

Powers, Bill, 1970-

Language:

English

Subjects (All):

Natural gas reserves--Economic aspects--United States.

Natural gas reserves.

Natural gas--Prices--United States.

Natural gas.

Natural gas--Prices.

Natural gas reserves--Economic aspects.

United States.

Physical Description:

xxii, 312 pages : illustrations, maps, charts ; 23 cm

Place of Publication:

Gabriola, BC : New Society Publishers, 2013.

Summary:

Is North America entering a new era of energy abundance thanks to shale gas? Or has industry misled us by overstating the viable supply of this critical resource? Cold, Hungry and in the Dark argues that declining productivity combined with increasing demand will trigger a crisis that will cause prices to skyrocket, damage the economy, and have a profound impact on the life of nearly every North American. Both exhaustively researched and rigorously documented, this starting insider expose: Puts market trends under a microscope, Provides overwhelming evidence of the absurdity of the 100-year supply myth, Suggests numerous ways to mitigate the upcoming natural gas price spike. The mainstream media has told us that natural gas will be cheap and plentiful for decades, when nothing could be further from the truth. Forewarned is forearmed. Cold, Hungry and in the Dark is vital reading for anyone concerned about the inevitable economic impact of our uncertain energy future. Book jacket.

Contents:

Part 1 1970s Gas Crisis Set For Replay 1

1 Early Regulation, Price Fixing and the 1970s Gas Crisis 3

2 1978 to 1984: The Failure of Policy Half-Measures 17

3 1984 to 2000: The Era of Deregulation 23

4 2001 to 2010: The Supply Scramble Begins 31

5 Enter the Shale Promoters 59

Part 2 US Natural Gas Demand-An Increasingly Inelastic Demand Curve 83

6 Electric Power Industry Becomes Hooked on Natural Gas 85

7 The Coming Increase in Industrial Demand for Natural Gas 91

8 Commercial and Residential Consumers Add to Demand Inelasticity 97

9 Natural Gas Vehicles: A Non-Starter 101

Part 3 Supply: We Will Not Produce Our Way Out of the Next Crisis 107

10 Texas: The Big Enchilada 109

11 Louisiana's Fleeting Production Rebound 119

12 The Gulf of Mexico's Terminal Decline 129

13 The Cowboy States Reversal of Fortune 137

14 New Mexico's Long Slide 145

15 Pennsylvania's Marcellus Renaissance 151

16 Arkansas: Limits of the Fayetteville Shale Abundantly Clear 161

17 Canada: Era of Cheap Exports to tie US Ending Soon 167

18 LNG Will Not Save Us in the Next Crisis 173

Part 4 What Should Be Done 183

19 The US Energy Information Agency's Mission Failure 185

20 Solutions to the Coming Deliverability Crisis 201

21 A Look at the Future 217.

Notes:

Includes bibliographical references and index.

ISBN:

9780865717435

0865717435

OCLC:

812258677