The President of the United States has been duped. Last night he told the nation that the USA now has 100 years of natural gas reserves, thanks to new technology.
No doubt his rhetoric was based on recent enthusiastic reports claiming that indeed the US has 100 years of natural gas. But did anyone in the White House notice who wrote those reports? Is it possible the authors hold investments in natural gas? What do they have to say about the consistently low yields of new natural gas wells? Where does objectivity come into play? If it's true, why then is the USA still importing natural gas from Canada?
President Obama made 100 years sound like a long time. If he's right, what will America's grandchildren do 101 years from now if it's all used up by then?
Is the USA a hundred year flash-in-the-pan natural-gas-powered civilization? If not, it's time to panic! The USA needs to find an alternative to burning up all its natural gas in a couple more generations.
If it's not true and there's less natural gas than advertised, then Americans must be even more conservative and really panic!
Either way, whether the nation may run out of gas in 10 years or 100 years, it's time to slam on the brakes and find viable alternatives to natural gas now, and not keep kicking the can down the road.