Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on July 31, 2006

Bookmark and Share

Dark as a Dungeon

Dark as a Dungeon

by

Dale Allen Pfeiffer

Introduction

In the wake of the recent mining tragedies in West Virginia, let

Then natural gas prices surged upward as supplies became difficult to obtain. Overnight, the power companies awoke to the truth: natural gas may be abundant in the world, but in North America, production is already diminishing. On top of this, the electrical utilities had to compete for natural gas with the winter heating demand, and the market in natural gas was extremely sensitive to severe weather, whether it be a heat wave in the summer, an unusually cold winter, or hurricanes in the Gulf.

Suddenly, natural gas prices were rising and power utilities began scrambling for alternatives. Given the high price and long construction periods for nuclear plants, and the unreliability and unsuitability of renewables



Leave a Reply

Your email address will not be published. Required fields are marked *