Projected 56% fracked methane increase over 28 years sets a Wall Street analyst a-twitter, while solar already went up 400% in four years and will continue to do so for the next decade. Which would you rather bet on? More “natural” gas pipelines that would take twice the land to produce as much power as solar panels, or just go straight to installing the solar panels, faster, cheaper, and with local jobs and reduced electric bills?
David Alton Clark wrote for seekingalpha 20 June 2014, Kinder Morgan: Is The Party Over?
1) Shale gas provides the largest source of growth in U.S. natural gas supply.
A 56% increase is expected in total natural gas production from 2012 to 2040 resulting primarily from increased development of shale gas, tight gas, and offshore natural gas resources.
He claims U.S. demand is still leading production, but: Continue reading