Natural Gas Poses Threat to Economy - New York Times

The imbalance of supply and demand for natural gas is a BIG problem. We better get our act together because there'll be more wailing an gnashing of teeth. Why is it that most of our solutions to energy needs are thwarted by environmentalists. They offer opposition, but no solutions beyond 'use less.'


"Our limited capacity to import liquefied natural gas effectively restricts our access to the world's abundant supplies of natural gas,' Mr. Greenspan said in June 2003. 'If North American natural gas markets are to function with the flexibility exhibited by oil, unlimited access to the vast world reserves of gas is required.'
The United States currently has five terminals for importing natural gas. Regulators have approved the construction of eight more; all but one are planned in coastal areas of Louisiana and Texas that are prone to hurricanes.
Rooted in fears over accidents or terrorist-induced explosions, opposition to terminal projects in other parts of the country raises the possibility that the United States might lose access to natural gas sources to other nations where governments can easily override local objections."