On Wed, 15 Mar 2006 12:02:07 +0000, Fray Bentos wrote:
how long do you all think we have gas for?
When it finally runs out / becomes too expensive / rare , will we be living
in all-electric homes?
My guess is that as gas/oil runs out it's relative price will increase.
This will initially bring on further reserves.
AIUI there is a massive amount of oil/gas on the western side of Scotland
but it's in much deeper water and will require a higher price (I don't
know what level though I was told is was 4 times the real price in 1995).
There will be a shift back to coal, nuclear and renewables.
Given the infrastructure we now have is northern europe for burning
methane. I strongly suspect that plants for converting coal to
Methane/Ethane will be built (I doubt that town gas will make a come back).
--
Ed Sirett - Property maintainer and registered gas fitter.
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