• Most Popular
  • Most Shared
Felix Salmon

The Climate Desk

How are companies managing their climate-change risks and is there a better way to do it? Felix Salmon will tackle the topic regularly on The Climate Desk, a soon-to-be-launched website.  Full Article 

    U.S. estimates 85.4 tcf in Alaska natural gas hydrates

    WASHINGTON
    Wed Nov 12, 2008 3:34pm EST

    WASHINGTON (Reuters) - The Alaskan North Slope contains 85.4 trillion cubic feet of undiscovered technically recoverable gas from natural gas hydrates, the U.S. Interior Department estimated in a study released on Wednesday.

    Green Business

    "This is a huge source of untapped energy," Interior Department Secretary Dirk Kempthorne said at a press conference. "These ice-like solids can be turned into usable natural gas."

    The gas from Alaska's natural gas hydrates would be enough to heat more than 100 million average homes for 10 years.

    It was the first estimate ever conducted of technically recoverable natural gas hydrates, which are crystalline structures of ice that contain natural gas molecules.

    "Technically recoverable" means resources can be retrieved through current technology and practices. The Interior Department said more research must be done before natural gas hydrates are considered economically viable.

    The amount of natural gas technically available from Alaska's hydrates represents 11.5 percent of the undiscovered, technically recoverable gas resources onshore and in state waters of the United States, the department said.

    Some other areas with large technically recoverable natural gas reserves include the Wyoming Basin with 85 tcf, Alaska's National Petroleum Reserve with 73 tcf and the Western Gulf Basin in Texas with 71 tcf.

    The North Slope of Alaska has about 119.15 tcf of conventional recoverable gas resources.

    The United States consumes about 23 tcf of natural gas per year, while about 104 tcf of gas is used globally per year.

    (Reporting by Ayesha Rascoe)



    More from Reuters

    Photo

    GDP seen slowing, tying Fed hands on rates

    NEW YORK (Reuters) - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed.

    An employee counts U.S. dollar notes near renminbi notes at a bank in Nanjing, Jiangsu province, December 2, 2008.   REUTERS/Sean Yong

    Pay advisers face hefty price

    A dark corner of corporate America is being thrust into the harsh glare of disclosure -- and some big names are cringing.  Full Article 

    Paramilitary policemen take part in anti-riot training at a military base in Suining, Sichuan province, March 9, 2010. REUTERS/Stringer

    China barks, can't bite

    China has poured billions into its military, but it has got a long way to go before its bite catches up with its increasingly loud, and for some fearsome, bark.   Full Article