Sunday, October 31, 2010

A Big Bet on Natural Gas

Exxon Mobil hopes that by switching to natural gas in the future, it will be more accessible to a greater amount of people. Also, Exxon Mobil claims it is more efficient and 60% cleaner than oil. But disregarding all of the above, will natural gas ever be as profitable as oil?

This article stresses the issue of choosing to care for our environment or protect our economy. It is slightly biased in a con-environmental way. The interviewer seems to be more concerned with the economy rather than the environmental benefits of switching to natural gas. In contrast, Exxon Mobil's Vice President seems very optimistic about this transfer, though he too is concerned about the economic issues that may arise.


New York Times: Green Blog- October 30, 2010

http://green.blogs.nytimes.com/2010/10/30/betting-big-on-natural-gas/?ref=science

V. Energy Resources and Consumption
B. Energy Consumption
3. Future energy needs
VI. Pollution
C. Economic Impacts

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