As a natural resource planner for a county updating its General Plan, understanding resource use and depletion is important to understand when formulating a plan of action for the next quarter century. Getting the best information to present to the decision makers is tough when there is an overload of available information out there to draw upon. So a goal of mine has been to contact individuals in various positions that may have first hand information that may shed more light on the energy situation. Today was one of those days. I had an interesting discussion with a senior level executive of one of this country’s reputable energy firms. Both the executive and the firm will remain nameless for purposes of this posting. What follows is a general synopsis of key points of discussion on the subject of natural gas supply, depletion, pricing and trade.
On the overall North American Natural Gas situation: