 | DrumBeat: June 12, 2008 | The Oil Drum | A Little History of the Affordability of Domestic Energy in Great Britain |  |
| The Bullroarer - Thursday 12th June 2008 | The Oil Drum: Australia/New Zealand | RACV heading down the wrong road | |
79 comments on Australian Natural Gas - How Much Do We Have And How long Will It Last ?
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79 comments on Australian Natural Gas - How Much Do We Have And How long Will It Last ?
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Gav
An excelent summary of the situation. I hope that this message (34 years of capacity) gets to the politicians responsible for approving the mad scramble to expand our export of LNG. We need this resource to ensure our own future energy security.
I am a strong believer in the use of CNG as an interim bridging fuel source. I am greatly comforted by the calcualation you have done for the conversion of oil based transportation to CNG. Comforted and a little surprised. The figure of 0.7 tcf seems very low, especially when you consider that this represents less than half the current Australian gas production rate.
Have you done a calculation on the level of gas supply that would be required to replace the entire Australian oil consumption.
Well - I've explained the calculation behind the CNG figure - I hope its correct, but I'm not certain about it.
I've also ignored future growth in demand, so from that point of view it may be "unrealistic", in that it assumes that we get more efficient in our transport fuel usage or learn to live with less (which we'll have to do anyway of course).
I'm not sure how much use of oil we make outside of transport - presumably heating oil consumption is small compared to transport usage, but perhaps diesel fired power generation uses a large enough amount to make it worth considering as well.
I too am a little comforted in that your calculations suggest we could potentially make a relatively smooth transition to electrify our personal transport, assuming we don't export too much CNG. Hopefully we will eventually end up with something like green crude to power our trucks and planes.