ILG Energy Weighs In on Natural Gas, Alternative Fuel Debate
ILG Energy, a Full-Service Land Company With Years of Experience in the Oil, Gas, and Alternative Fuel Industries, Weighs In on Recent Controversy Regarding Natural Gas Production, and Its Possible Stunting of Alternative Fuel Research
(firmenpresse) - NEW ORLEANS, LA -- (Marketwire) -- 07/12/12 -- America's supply of natural gas has reached historic highs in 2012, and with this surplus there have been numerous benefits. The price of natural gas has fallen, making it more affordable than ever before. Meanwhile, many energy industry insiders have speculated that natural gas production could ultimately prove a long-term solution to the nation's energy needs. With these numerous benefits there have also been some downsides, particularly for those zealous for the development of alternative fuels. In 2012, stock prices for alternative energy sources have fallen by great amounts -- and a new claims that natural gas is to blame. This has led to a controversy over natural gas, and its possible "stunting" of alternative fuel research. This controversy has drawn the attention of energy industry insiders, such as ILG Energy.
The new report notes that shale gas reserves, combined with the process known as "fracking," have made natural gas energy more accessible and affordable than ever before, which is overall a boon to America's energy industry. The report also notes that the newfound prominence of natural gas has effectively obstructed the growth of the alternative fuel industry, an unwelcome development for green activists and alternative energy production companies alike.
is a land company with diverse experience working with oil, gas, and alternative fuel companies alike. The company has issued a press statement in response to the new report, affirming the ultimate importance of continued natural gas production. "The notion that natural gas production is stunting the growth of the alternative fuel industry is not entirely inaccurate, but in some ways, it misses the point," says ILG Energy President Joel Gremillion. "America is currently enjoying an abundance of a truly useful and highly affordable energy supply, and that's something that all of us can celebrate."
Gremillion explains that some of the negativity directed at natural gas comes from the long-held belief that natural gas is a "bridge fuel." "Many members of the energy industry, including many green activists, have long looked to natural gas as a sort of bridge to something better," the ILG Energy President explains. "The idea is that natural gas is a good step in the right direction, away from our total dependence on crude oil, until something better comes along. However, natural gas is a highly effective and advantageous energy source in its own right, and should be embraced as such."
This is not to say that Gremillion believes alternative fuels should be neglected. "ILG Energy remains highly supportive of alternative energy research and development," he affirms. "However, we are also resolute in embracing the benefits offered by natural gas, here and now."
ABOUT:
is a full-service land company that offers its services to the oil, gas and alternative energy industries. The company provides superior abstracting and lease acquisition services to a diverse array of clients. ILG is staffed by a group of skilled, well-experienced Landmen and support team members with high levels of expertise. The company realizes that the most difficult decision a business encounters is which companies it can trust, and as a result, ILG Energy is devoted to establishing itself as a land company of peerless reputation.
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Datum: 12.07.2012 - 04:00 Uhr
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