That’s what the overwhelming verdict is because of new extraction methods for accessing natural gas from shale. I’ve written recently about the rising star of natural gas as a powerful tool in battling the climate crisis: see Natural Gas – to Cut GHG Emissions, Natural Gas in the Senate and The Gas Industry at the “FT”.
Now we’ve got natural gas at the “NYT” as well. In this article from yesterday, we read about the gas rush all over the world, and particularly in areas that can use it relatively near to where it can be extracted from shale. The US, Europe, China and India for instance. “It’s a breakout play that is going to identify gigantic resources around the world that will change the geopolitics of natural gas,” is how Amy Myers Jaffe, an energy expert at Rice University, is quoted in the article.
Daniel Yergin – The Man when it comes to energy economics – is also quoted: The new gas extraction methods are “…the biggest energy innovation of the decade. And the amazing thing is there was no grand opening ceremony for it. It just snuck up.” (Like wind, solar, and geothermal as well, for that matter.)
For much more on the natural gas scene, see the “NY Times” comprehensive coverage, alongside its other coverage of major energy topics, and the website for America’s Natural Gas Alliance (ANGA).