Wednesday, June 27, 2012

U.S economy has enormous potential with world's largest energy resources


 Sahit Muja

Sahit Muja: U.S economy has enormous potential with world's largest energy resources
The US has the largest and most technologically powerful economy in the world and America's economy has large untapped potential for growth.
The American military is now the strongest the world has ever known. The United States of America remains in the best position to lead the 21st - 22st, 23st... 100st century.
The USA is top destination for foreign investment's.
The United States of America will remain the world’s most powerful and influential country for the foreseeable future, there is no single country or alliance of countries with the resources and the will to drive freedom and global economic prosperity.

The US energy Independence: Investing and producing more domestic energy would create good jobs and bolster are economy .
The US energy independence is very achievable when you factor in all sources; petroleum, shale oil, natural gas, methane hydrates, coal, solar, wind, hidropower, tides, nuclear power, biodiesel  and geothermal heat

US has enormous natural gas deposits of  2,543  trillion cubic feet.  At the current rates of use of 24 trillion cubic feet per year in 2012 that’s enough for more than100 years.
The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2.175 trillion barrels of potentially recoverable oil.

The United States has world's largest coal reserves  238.3 billion at least a 240-year supply of coal .
Then there is methane hydrates a resource which US it possesses 330,000 trillion cubic feet of natural gas in its methane hydrate resource.

The US has  enough methane hydrates  enough to supply the country with natural gas for 15,000 years . U.S. Energy department has announced the completion of a successful, unprecedented test of technology in the North Slope of Alaska that was able to safely extract a steady flow of natural gas from methane hydrates .The United States has 28% of all the world's coal reserves.

US is launching a new research effort to conduct a long-term production test in the Arctic as well as research to test additional technologies that could be used to locate, characterize and safely extract methane hydrates on a larger scale in the U.S. Gulf Coast.
Renewable energy sources will functionally never run out such as solar, wind, hidro-power, tides, and geothermal heat.
Due to concerns about global warming and diminishing fossil fuel supplies, renewable energy is an increasingly common and important source of energy.
The batteries they are an important way to store primary energy into a small portable form. Batteries provide power to a great many devices and vehicles.

Other major energy sources include nuclear power and living plants, which can be either burnt or converted into fuels such as bio-diesel
The people who benefit most from cheap energy are the poor, the very people the left claims to be fighting for.

The US can cut 100% on its foreign oil dependence by investing in, oil, oil shale, natural gas, methane hydrates , coal, wind and solar power.
As long as we're going to use oil, natural gas, coal then we might as well work to draw it from home, or as close to it as possible .

Sahit Muja
President and CEO
Albanian Minerals
New York

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