Business Alliance Talks Energy

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By Kyle Markley - email

The Wyoming Business Alliance got underway Thursday morning with a series of forum topics.

The discussion on the future of coal and natural gas is one many in Wyoming are concerned about.

Energy author Robert Bryce says he thinks there's still going to be a need for coal.

"This idea that some how we're going to faze out fossil fuels, it is simply not happening. Are we using less coal here in the U.S.? Absolutely. But that ignores, completely ignores what is happening in China, Malaysia, Vietnam, in South Korea. These countries are burning coal and lots of it and so are the Europeans," Bryce said.

Although it hasn't been a great year for natural gas prices in Wyoming, Bryce believes natural gas is very much the future of energy, not only in the U.S., but around the world.

"I'm very bullish on natural gas and I'm not the only one. Look at Exxon Mobile. Their projections for natural gas consumption globally, they are actually expecting coal consumption to decline fairly rapidly and they're extremely bullish on natural gas. Natural gas is the queen of the hydrocarbons," Bryce said.