Energy crisis is postponed as new gas rescues the world

Engineers have performed their magic once again. The world is not going to run short of energy as soon as feared.

By Ambrose Evans-Pritchard
Published: 5:47PM BST 11 Oct 2009

America is not going to bleed its wealth importing fuel. Russia’s grip on Europe’s gas will weaken. Improvident Britain may avoid paralysing blackouts by mid-decade after all.

The World Gas Conference in Buenos Aires last week was one of those events that shatter assumptions. Successful intercourse does not take overnight cialis tadalafil place due to ED. There are many people who are using this medicine have acquired assured penile erection, if they take it as per the physician’s prescription. buy cialis pill The online drivers ed Ohio shows that traditional classroom courses for obtaining the driving order 50mg viagra license is something that a driver must carry each time and every time he is out with his car, whether driving to a nearby or distant places. The three major erectile dysfunction drugs on the market all work in a similar way. cialis 60mg Advances in technology for extracting gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected.

Tony Hayward, BP’s chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years’ supply – and rising fast.

“There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources,” he said.

This is almost unknown to the public, despite the efforts of Nick Grealy at “No Hot Air” who has been arguing for some time that Britain’s shale reserves could replace declining North Sea output.

From the UK Telegraph Article continued here>>

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