Peak Oil Update: World Energy Supply Doubled? (Update)

Russ Steele

Our local A.P.P.L.E Sustainability folks keep telling us that we are about to run out of fossil energy. Not real soon if this is true:

 A discovery by scientists may have more than doubled the world’s energy reserves. They have found vast amounts of natural gas frozen into the sea bed, potentially containing more energy than all the world’s known coal, oil and gas reserves combined. The research follows the growing excitement generated by Japan Oil, Gas and Metals National Corporation (Jogmec), which has been drilling test wells into methane hydrate reserves in the Nankai trough, off Japan’s southwest coast. It predicts the first gas will be extracted this year, and suggests there could be enough methane hydrate in the trough to supply all Japan’s energy for 300 years.

Detail in an article by Jonatha Leake in The Sunday Times.   Search for “Jogmec”

Update (01-16-12) Where is all that new energy:

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

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