Alternative Energy Sources Today I’m going to review the oil alternatives that we have in this country and in the world
Alternatives – Natural Gas and Depletion This chart shows gas as compared to oil. In an earlier presentation, we saw the green curve which showed the demand in oil, seeing that it peaked in 1960 and it has been declining; we see natural gas came along much later than oil, and it grew much faster, peaked quicker, and it is also on its way down. So it quite possibly could deplete much faster than oil. The United States and Canada have huge supplies of it but they are using it very quickly.
Suggest a few commetns from the MIT report that just came out. Mayabe a picture of Future Gen plant and a comment on timing. Maybe also on IGCC of which we have only two plants in the US.