When energy consultant Daniel Yergin calls unconventional natural gas a "game changer," people listen. And in today's Wall Street Journal op-ed, Yergin and his colleague Robert Ineson of IHS Cambridge Energy Research Associates (IHS CERA) say that the ability to produce natural gas from shale could "transform the debate over generating electricity."
As Yergin and Ineson explain, the combination of horizontal drilling and hydraulic fracturing have led to a dramatic rise in natural gas supplies in the United States. "At current levels of demand," they say, "the U.S. has about 90 years of proven and potential supply--a number that is bound to go up as more shale gas is found."
They also say that natural gas emits less carbon than other fuels, making it a very attractive power source in a carb... more »