Term
| Why is rate of flow important? |
|
Definition
| Because if you are post peak it will last less time |
|
|
Term
| Is the US a big player when it comes to natural gas? |
|
Definition
| No, we only have 4.8% of the oil |
|
|
Term
| Can the US guarentee that we will be able to import all the natural gas that we need? |
|
Definition
| No, Asia might be able to pay more |
|
|
Term
| Who has the most natural gas reserves? |
|
Definition
Russia 23.4%
Iran 16%
Qatar 13.8% |
|
|
Term
| Is Asia fairly poor in natural gas? |
|
Definition
|
|
Term
| What percent of the world's natural gas reserves does the US have? |
|
Definition
|
|
Term
| What places have the most proved reserves? |
|
Definition
1. Middle East
2. Europe/Eurasia
3. Asia Pacific |
|
|
Term
| How much proved natural gas reserves are there in the world? |
|
Definition
| 185 cubic trillion meters |
|
|
Term
| What changes are we seeing in US natural gas production? |
|
Definition
|
|
Term
| How much did the US produce in natural gas in 2008? |
|
Definition
|
|
Term
| How do you find the reserves to production ratio? |
|
Definition
| divide the reserves by the amount of producing |
|
|
Term
| What is happening with world natural gas reserves to production ratios? |
|
Definition
|
|
Term
|
Definition
|
|
Term
| What is US's natural gas reserves to production ratio? |
|
Definition
|
|
Term
| What 3 countries consume the most natural gas? |
|
Definition
1. US 22%
2. Russia 13.9%
3. Canada 3.3% |
|
|
Term
| How much natural gas did the US consume in 2008? |
|
Definition
|
|
Term
| Where is consumption of natural gas increasing slightly? |
|
Definition
|
|
Term
| What is happening with natural gas consumption in North America? |
|
Definition
|
|
Term
| Where are some places that have high natural gas consumption PER CAPITA? |
|
Definition
| Canada, Middle East, Asia |
|
|
Term
| Even though we import a lot of natural gas, what do we still do? |
|
Definition
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