Why Readily Available Low-Cost Natural Gas Is Our Centerpiece Strategy To Fight Climate Change

  • Date: 31-Jan-2022
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Why Readily Available Low-Cost Natural Gas Is Our Centerpiece Strategy To Fight Climate Change

DASHAVA, UKRAINE - SEPTEMBER 18: Hand wheels are seen fixed to valves at the Dashava natural gas ... [+] facility on September 18, 2014 in Dashava, Ukraine. The Dashava facility, which is both an underground storage site for natural gas and an important transit station along the natural gas pipelines linking Russia, Ukraine and eastern and western Europe, is operated by Ukrtransgaz, a subsidiary of Ukrainian energy company NJSC Naftogaz of Ukraine. Ukraine recently began importing natural gas from Slovakia through Dashava as Ukraine struggles to cope with cuts in gas deliveries by Gazprom of Russia. As Russia has cut supplies many countries in Europe that rely heavily on Russian gas fear that Russia will increasingly use gas delivery cuts as a political weapon to counter European economic sanctions arising from Russian involvement in fighting between pro-Russian separatists and Ukrainian armed forces in eastern Ukraine. (Photo by Sean Gallup/Getty Images) "No one ever went broke underestimating the intelligence of the American public," H. L. Mencken Thanks to America's "shale revolution" over the past 14 years, gas now supplies 33% of U. S. energy and 40% of its electricity. We've been very lucky in this country when it comes to the