Here Comes Natural Gas

Chief Executive (U.S.), June 2006 | Go to article overview

Here Comes Natural Gas


ENERGY

DON FELSINGER, new chief executive officer of Sempra Energy, the $12 billion a year San Diego-based energy company, says Americans will likely accept more energy infrastructure projects to help contain prices. Here are excerpts from an interview, originally conducted for The New York Times:

Q: Is it a problem that the U.S. is so dependent on other countries for energy?

We've become more and more of an importer of energy over time. There is nothing on the horizon that is going to lessen that.

Q: More specifically, is it a concern that we're dependent on certain countries for petroleum that don't seem very stable?

Yes, it was recognized by the president in his State of the Union address that we need to lessen our appetite for foreign oil.

Q: Is natural gas part of the solution?

Natural gas is going to follow in the ways of oil. In North America, we have been able to satisfy our own demands for natural gas from internal production. What we haven't been able to produce in the United States, we've imported from Canada.

But we're at a point of time in our history that it's becoming apparent that we are consuming more gas. That's why prices have gone from $2 to $3 per million BTUs over 20 years and now are in the range of $7 to $15.

We saw that coming about five years ago. Were building natural gas-fired combined cycle power plants. The only power generation this country has built in the past 10 to 20 years has been this type of plant.

Q: How can you keep prices from shooting up further?

We came to the conclusion that there was plenty of gas around the world. That imported natural gas could be priced to compete against domestic supply.

Q: Is natural gas in the same countries that have oil?

It's some of the same countries, but also different countries. You see a lot of the South American countries like Bolivia that have gas. We have stranded natural gas up in Alaska. We have natural gas in Australia. It's all over the world. It's in more places than oil is.

Q: Of America's total energy consumption, what percentage does natural gas account for?

The latest figures show that it's about one-quarter of the total.

Q: If we import more liquefied natural gas (LNG), would that ease our dependence on oil?

It would lessen it somewhat because oil and natural gas get substituted for each other. But it's naïve of us as a country to think we're going to become energy independent. If we were to launch a program like that, it would take many, many years. I'm not sure it would be achievable.

Q: Are there other forces at work that could ease U.S. dependence on imported energy?

We have been struggling as a country for a number of years to have a defined energy policy that would set certain goals to achieve by certain dates. I think the country would benefit by having a more focused energy policy that set goals and objectives we're trying to achieve. But I'm not concerned that we have oil or natural gas coming in from other parts of the world. As global economy develops and as countries become more dependent on the revenue from selling natural resources, the world becomes a more civilized place.

Q: You're bringing more LNG into the New Orleans area. What is the significance of that?

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Here Comes Natural Gas
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.