WIH Resource Group, Inc. Agrees with MIT Report Which Supports Importance of Natural Gas Fueled Vehicles
WIH Resource Group, Inc., a global solutions provider of waste management, alternative fuels, transportation and Logistical solutions company, reported that the importance of natural gas has been detailed in a report released June 25th by MIT called 'The Future of Natural Gas' and further commented on by Forbes 'The Energy Source' on the same date. It is one of a series of reports by MIT's Energy Initiative, headed by Ernest Moniz, an MIT physics professor and former Under Secretary of the Department of Energy. In the past, the group has produced reports on coal, nuclear power, and geothermal power.
It is hard to argue that there is a fuel or energy technology more important to the future economy of the United States and maybe the world, than natural gas. There is a lot of it in the U.S., it is cleaner than the two biggest energy sources, coal (for electricity) and oil (for transportation), and it has the potential to at least partially displace both of them.
The 83-page report does a good job of laying out the issues, hopes and problems surrounding natural gas. Natural gas is already important -- it provides 21% of the country's electricity, it sets the price of electricity in most regions of the country, and it is relied upon heavily by industry.
Hopes are high for natural gas in part because there is so much of it. The report estimates there are 16.200 trillion cubic feet (Tcf) of recoverable reserves worldwide, which is 150 times current annual global consumption. So-called unconventional gas, which has been discovered in huge amounts in shale formations in the U.S. and elsewhere, will become a big factor. The report suggests there are 650 Tcf of shale gas in the U.S.
ABOUT WIH RESOURCE GROUP
WIH Resource Group is a global leader and provider of comprehensive waste management, recycling, transportation/logistical and business solutions, specializing in, among other services, waste management operational performance assessments, transportation / logistics, alternative fuel use, solid waste planning, waste and recycling market studies, business development and environmental services. Based in Phoenix, the company serves both private and public sector clients throughout North America and globally. Our customers include both public agencies and private sector businesses customers throughout North America. To learn more visit http://www.wihrg.com and http://www.wihresourcegroup.com
For Additional information, contact:
Bob Wallace, Principal & VP of Client Solutions
WIH Resource Group – Waste Management, Recycling and Logistical Solutions
Email: admin@wihrg.com Phone: 480-241-9994
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