Wednesday, March 19, 2014

Natural gas is our weapon


On Meet the Press (Aug. 2008), Pelosi said while defending her investment in natural gas: “I believe in natural gas as a clean, cheap alternative to fossil fuels,” she said at one point. Natural gas “is cheap, abundant and clean compared to fossil fuels,” she said at another. Later she clarified that and said she meant compared to oil and coal. Yes, I'm sure, after someone explained it to her.

“If the early 21st century is the “golden age of gas,” as the International Energy Agency has declared, who will be its king? Until 2009, the answer seemed obvious: Russia. But a funny thing happened on the way to the “third Rome” that Russian nationalists view as their destiny. In that year, propelled by the technological innovations of hydraulic fracturing (or “fracking”) and horizontal drilling, U.S. gas production surpassed that of Russia.”  Read more:

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