Richard Heinberg on Natural Gas: Bridge Fuel or Fool’s Gold?

This week on Sea Change Radio, host Alex Wise talks with Heinberg about his book, titled Snake Oil: How Fracking’s False Promise of Plenty Imperils Our Future, and delve into the economic and environmental factors behind the natural gas boom, which to some is an important bridge fuel and to others is fool’s gold.

 

Shale gas, tight oil, and fracking – headlines

•Trouble in fracking paradise •Censored EPA PA Fracking Water Contamination Presentation Published for First Time •Wood Mackenzie Says Bakken & Eagle Ford Will Produce More than the Two Largest Fields in North America Combined •Bridge Or Gangplank? Study Finds Methane Leakage From Gas Fields High Enough To Gut Climate Benefit •This 7-Year-Old Is Banned From Talking About Fracking—Ever •Peak shale oil? What peak?

Shale gas, tight oil, and fracking – headlines

•Fracking Tied to Pennsylvania Water Woes by EPA Official •Industry Pressure Shuts Down EPA Fracking Investigations •EDF to exit US nuclear power over impact of shale gas •US shale threatens Saudi funding crisis and demise of OPEC •Fracking can take place in ‘desolate’ north-east England, Tory peer says •Bakken shale natural gas flaring tops $100 million each month

Oil, climate change, and bubbles – headlines

•Shale gas won’t stop peak oil, but could create an economic crisis •Oil giants could feel major pain should world get serious about reducing global temperatures •Why you should be cautious about the next oil boom forecast that you hear •Catastrophic Oil Spill Threat to Canadian River Basin •Climate experts weigh in on flood in the heart of oil country

Results may vary: Beware of kaleidoscopic vision in the oil and gas industry

Like children looking through a kaleidoscope who are unaware of its actual workings, the media and the public have been misled into believing that early production results in the shale natural gas and tight oil formations in the United States will be repeated again and again across the United States and the world.