Posts Tagged ‘natural gas’

While Congress Argues, Producers Work

July 18, 2009

When I first read this I almost burst out laughing! As a matter of fact one of the first posts here was about this very thing. That being that most often liberty and freedom offer solutions, while government, for the most part only creates problems. Read on…

One of the problems with Congress is that they think they’re experts on everything. This, of course, causes the real experts to be affected by the legislation produced. For example, while arguments raged in the halls of the Capitol building on the merits of pie-in-the-sky renewable energy methods and how much it would cost taxpayers to implement energy created from these “free” sources (like sunshine and wind), there were private businesses that actually know what they are doing finding the energy we need.

One such business is a favorite whipping boy of the left, ExxonMobil. The company just announced a “world-class” find of shale gas on 250,000 acres in the Horn River Basin, in British Columbia — a source that could easily supplement the plentiful natural gas we already have locked away within our continent. “[R]esults from the first four wells lead the company to conclude that each well will produce between 16 million and 18 million cubic feet of gas a day,” reports The Wall Street Journal. “That’s five times the size of average wells in Texas’s Barnett shale and comparable to big wells in Louisiana’s Haynesville shale, two major shale-gas fields that already have moved the U.S. natural-gas market from scarcity to abundance.” All this without a huge infusion of federal funding. Now if only ExxonMobil could draw useful energy from the hot air emitted by Beltway commissars who think they know better. Indeed, that source would seem to be in limitless supply.

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