What we have here is a failure among gas industry advocates to sing the same song from the same song book.
The Dallas Morning News reported
Friday that T. Boone Pickens said
"Natural gas is just a bridge," he
said in a speech at the
The newspaper noted that the
On Tuesday, Chris McGill, the Managing Director Policy Analysis at the American Gas Association, said on AGA's blog that there is more than a 100 years of natural gas supply at current production levels. He based his assertion on findings by 2008 Potential Gas Committee and the US Energy Information Administration.
"These are not short-term phenomena,"
McGill insisted. "They are indications that natural gas is
poised to serve a growing market of low-carbon fuel
requirements.
Could be, but some news organizations reported last week that US electric utilities aren't convinced huge increases in US natural gas output mean it's time to make bigger bets on the fuel.
Several utility executives said they're cautious about ramping up the use of gas to generate electricity. Utilities have been stung before by the fuel's volatile prices, and they remain reluctant to make long-term commitments to gas by building or expanding plants.
Companies such as Duke Energy, Xcel Energy and American Electric Power see sizable risks to new supplies, including emerging environmental issues, possible global exports and uncertainties over production costs.
This public dispute over gas supplies probably isn't going to do much to assure utility executives that gas is the way to go. Likewise, the conflicting messages probably aren't reassuring to members of Congress who are trying to figure out what role natural gas should play in addressing climate change.