Article States Canada Has Only 8 Years of Natural Gas Reserves Remaining

[Clara T]

Natural gas has eight years left
A Natural Resources Canada presentation in the heart of Canada’s energy industry lays bare the stark reality of energy resources

by Dan Crawford

The University of Calgary’s Geology Department played host to a presentation given by Dave Hughes: “The Coming Energy Sustainability Crisis: Alternatives to Oil, Implications of Demand Growth and the Way Forward.”
Hughes is a full-time employee at Natural Resources Canada. He spends much of his time delving into North America’s energy situation, heavily focusing on the natural gas component. In recent years, his research and presentations have garnered interest across Canada, as well as globally. As a result, Hughes has spoken at more than 90 engagements in the past three years and 40 in the past year alone.

The auditorium in Calgary was filled nearly to capacity with people from all walks of life—a surprising turnout for a Friday night lecture.

Hughes began with a slide showing the resource pyramid. Located at the top of the pyramid are the high-quality resources normally found in large distinct pools. Going down the pyramid to the base, the resources become more abundant but of lesser and lesser quality and dispersed over larger and larger areas. Exploiting these resources eventually leads to a point where the energy used for the extraction and distribution equals the amount of energy recovered, marking the transition between energy source to energy sink.

A look at global primary energy growth showed that over the past four decades, growth has been 165%, with 4.3% growth in 2004 alone. Overall, natural gas has been the fastest growing fuel source in percentage terms at 283% since 1965. In most recent years, from 2001 to 2004, the fastest growing fuel source has been coal.
For natural gas, North America is now on what Hughes calls an “exploration treadmill,” meaning that the number of wells drilled must be continually increased in order to hold production steady.

http://republic-news.org/archive/131-repub/131_crawford.htm

[formercia]

1. New England depends on Natural Gas

from the Canadian Maritimes. You can bet that the Canadian government will make sure their own citizens are provided for once the contracts to supply gas to the US expire.

[applegrove]

2. We are forced by NAFTA to not change the % of fuel that we sell

to the USA.

The big issue is - how much gas is there in the Atlantic.

[iconoclastNYC]

3. Another reason why NUKE is going to be big in the future

There is just no way around it. Rising Demand , lower supplies, and the need to switch away from Green House gas producing fossil fuels is going to force us to get over the post-Chernobyl hysteria and move back to nuclear energy.