Lydia Meigs What Japan’s Nuclear Crisis Means for the Natural Gas Industry

Dave McCurdy tells all on Platt’s Energy Week TV

With heightened concern over the future of nuclear energy development in the U.S. many see the natural gas industry poised for tremendous growth in stature. That view is endorsed by a new report, titled “The Task Force on Ensuring Natural Gas Markets,” by the Bipartisan Policy Center and the American Clean Skies Foundation, which points to the potential for increased domestic natural gas price stability based on the growing availability of gas from shale formations, a diverse portfolio of contracting options and expanding infrastructure.

On Sunday, March 27, 2011, Dave McCurdy, president and CEO of AGA, was a guest on Platt’s Energy Week and explained that the surge for natural gas was already strong prior to the tragic nuclear incident in Japan.  There has been a fundamental expansion in the domestic reserves of natural gas due to the access to shale gas and the ability to extract this valuable resource.  The result is an abundant and stable source of energy; a foundation fuel for the future.

The question on everyone’s mind and the question posed to McCurdy is: can the natural gas industry, despite its advantages, overcome its own environmental and regulatory hurdles?

“Our top priority is the safety and reliability of the natural gas industry from the wellhead to burner tip and our track record is enviable,” said McCurdy. “We have an obligation to the consumer and we should be held accountable to make sure the production and delivery of natural gas is carried out in an environmentally sound manner.”

The message to remember here is that as our country’s energy future gets closer, the only way to ensure energy delivery in an environmentally sustainable and economically viable way is to foster open and transparent, fact-based dialogue. And if a clean energy standard is the way forward, AGA wants to make sure that natural gas is included.

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