Natural Gas Plant Liquids - Is That a Good Idea?

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Methane is the simplest hydrocarbon molecule, it's just carbon and hydrogen. You can't burn it at 300 degrees below zero and 10 times the atmospheric pressure. And once you've allowed that to come back to room or surface temperature, it has no liquids in it to begin with. So if we hypothetically were running low on oil and society is fundamentally dependent on oil, not natural gas or coal, though those are also important, could we boost, dramatically boost our natural gas production and turn it into a liquid? Well, I mean, so just turning it into aliquid, like I just explained with methane into LNG, wouldn't be very effective.

On this episode, petroleum geologist Arthur Berman returns to unpack the development and drawbacks of ‘peak oil’. Art explains how our institutions have redefined what is considered oil, which has created an illusion of constantly growing oil production. The reality is that - circa 2023 - fully 40% of what is called oil is comprised of things that are ‘not oil’. What does this imply for global peak oil? Is peak oil, an observation which has been around for decades and repeatedly proven ‘wrong’, even relevant today? Is a specific ‘peak’ date even helpful or should we be focusing on the logical implications of a declining primary resource for global economies? And then, what should we do

About Art Berman:

Arthur E. Berman is a petroleum geologist with 36 years of oil and gas industry experience. He is an expert on U.S. shale plays and is currently consulting for several E&P companies and capital groups in the energy sector.

For Show Notes and More visit https://www.thegreatsimplification.com/episode/54-arthur-berman

To watch this video episode on Youtube → https://youtu.be/CDBJdQnjE2o