What If We Never Run Out Of Oil?
Sunday, May 5, 2013 at 3:58PM
Bill Barclay

Those who have been content to adopt a 'she'll be right' attitude, or alternatively throw scorn in the direction of Denis Tegg and his 'peak oil' adherents (not many it seems in the face of recent US shale fracking success) may care to take a look at this article from this months 'The Atlantic'.

The article by Charles C. Mann draws attention to the frightening scenario arising from the potential development of a resource thus locked up over vast areas of the sea-floor in the form of methane hydrate. It apparently represents a resource 100 times greater that the total of all other carbon resources, but exploitation poses potential problems far greater than anything faced to date.

It seems that the Japanese are ahead of the game, with others including the US, China and India right there in the echelon. No-one knows just how it could be exploited at this point, but it is only a matter of time. What is of greater concern is the dangers this poses - read the article to get the drift.




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