| If you're thinking of investing in oil-why not consider | | | | equivalent of an extra 1.7 billion barrels of oil per year! |
| liquid natural gas (LNG)? | | | | Up until recently, trapping natural gas, converting it to |
| Oil is running out. Oil prices are rising fast. Extracting oil | | | | LNG, and transporting it has not been economic |
| from other sources is possible. But LNG is a growing | | | | compared to oil extraction. But the US government |
| cleaner source of energy that looks worth investing in | | | | has looked, and is backing LNG initiatives. Suddenly |
| right now. Compared to oil, the world still possesses | | | | giant energy companies like Shell Oil, and ExxonMobil |
| huge natural gas reserves . | | | | Corp are ready to invest $250 billion into the future of |
| The rising cost of oil is making natural gas sales much | | | | LNG and lock in trade deals with countries rich in |
| more appealing - in many oil fields the gas is simply | | | | cheap gas, like Quatar where the largest natural gas |
| burnt off into the atmosphere as a waste product. | | | | fields in the world lie. |
| That is 2.5 TRILLION tons per year which could be | | | | Liquid natural gas is not environmentally popular in the |
| bringing in revenue and providing energy. | | | | West at present. There are worries about its |
| Developing countries like Nigeria and Bolivia are | | | | environmental impact and capacity for explosion. |
| becoming particularly aware of this. And they are | | | | However this is likely to change fast. Supporters argue |
| forging links with big multinational companies who can | | | | the fact a LNG spillage,(unlike an oil slick) simply |
| provide infrastructure | | | | dissipates into the air . |
| Already, natural gas use is climbing. Liquid natural gas | | | | The cold LNG is kept under much lower pressures |
| trade is growing much faster than oil trade. And so are | | | | than natural gas, so the problems and dangers of high |
| natural gas prices, from two to three years ago. The | | | | pressure pumping and release are largely removed. |
| changeover to greater natural gas use is just | | | | Terminals can be built in remote areas away from |
| beginning! | | | | population centers. |
| Natural gas is clean burning and easily liquefied by | | | | The safety record of LNG transportation is much |
| cooling down to 1/600 of its bulk as a gas, and then | | | | better than that of oil; insurance premiums won't inflate |
| becomes easily transportable as LNG via insulated | | | | costs. |
| pipeline or tanker. | | | | Natural gas can also be used to power electricity |
| Already, North Americas own gas is running out or too | | | | power plants. The U.S., Europe, China, and India are all |
| expensive. However it plans to buy in from abroad. | | | | desperate for more oil and electricity. Estimates say |
| The U.S. is already on track to be the biggest LNG | | | | that by 2025, we will have to use twice as much as |
| consumer in the world by the end of 2010. | | | | we do now. Fuelling power plants with LNG will provide |
| According to some analysts, within five years, LNG | | | | cheap electricity for years to come. Does this suggest |
| imports to the United States could provide the country | | | | a good investment? |
| with as much as 16 percent of its natural gas, up from | | | | Especially over the next 2 or 3 years as LNG demand |
| just 3 percent today. | | | | triples? |
| Once the really more efficient liquid natural gas | | | | Check out LNG now! |
| technology really comes online, that means the | | | | |