Natural gas comes to America’s rescue — once again we luck out.
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So as the British say, we will muddle through. T. Boone Pickens wants to use some of this new natural gas to run our transport sector and that will probably happen. We’ll still import more than half our oil, but we won’t be headed for the 70 percent currently projected. With a phase-in of electric cars, we may get even lower. We’ll still be spending $2 billion a day for foreign oil, but we’ll get used to it.
All this is not ideal, but it’s probably the best we can expect. Without nuclear, we’re never going to get away from fossil fuels or reduce the cost of electricity to the point where it becomes feasible to run a fleet of electric cars. But at least burning natural gas will spare us the spectacle of a modern industrial nation trying to power itself on windmills and sunshine.
So Nature has been good to us once more. It’s hard to argue that we deserve it, but the Lord works in mysterious ways. We now have enough natural gas to take the edge off most of our energy problems. Once again, we are a People of Plenty.
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