How Cool Is This?

Canadian scientists have found huge deposits of natural gas deep in Pacific ice. These gas hydrates have the potential to increase our energy supplies dramatically. This article suggests something that’s crucial to our continuing economic growth, and will also lead to environmental benefits — technological change in identifying, finding, and extracting energy from sources that weren’t obvious or identifiable before will keep energy prices low, and as these technologies mature and we invent new technologies to harness these cleaner fuel sources, the relative value of oil will fall, and our reliance on oil will fall.