Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future – which could ensure U.S. energy independence, reduce geopolitical risks, and help meet U.S. electricity demands for the next 575 years.
Yet why have we seen so many negative publications and reports? Does natural gas really have a place in our future and is it the golden chalice we have been led to believe?
To help us investigate these issues and others we were fortunate enough to have a chat with the well known author and energy trader Raymond Learsy.
In the Interview Raymond talks about the following:
• Why Natural gas could displace gasoline
• The top 3 forms of energy for national security
• The New York Times Vendetta Against Natural Gas
• Nuclear Energy’s place in America’s energy future
• The future of Fracking
• Why we can’t rely on coal for future power generation
Oilprice.com: What do you think is the link between say the New York Times and some of the concerns in the commodity market?
Raymond Learsy: Well, some of the reporting of the New York Times I feel is weighted too heavily on the fiction that surrounds the pricing of oil. I've written a number of posts, some of which are in my new book, some of which are in my previous book, that deal with the way the New York Times repeats without any serious, in-depth questioning the sort of general handouts of the oil industry and OPEC. For example, if Saudi Arabia says, "Oh, we're having difficulty meeting current demands," there's no insightful discussion of what their potential is, how long they've been sitting on the fence before they expanded their production capability, etc., etc. It's always taken at face value. And then, of course, you have this extraordinary series of articles that came forward earlier in 2011 about natural gas.
For the full interview please visit: The Future of Natural Gas - An Interview with Raymond Learsy
