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  1. Categories: Business

    A response to Gwynne Dyer’s column, “Shale gas won’t change the game”

    In an article written by Gwynne Dyer, he fights the notion that shale gas won’t change the game. But the fact is natural gas has already changed the game. ONGA’s Mel Ydreos responds with further reasons as to why:

    “The fact is that the game has indeed changed, and here is why.

    Not only does North America have a 100-year supply of natural gas, thanks to prolific shale gas development, experts now predict there is closer to 150 years worth of domestic supply. In fact, due to advancements in the technology used to extract natural gas from shale, this new source of gas now represents a quarter of the natural gas consumed in Ontario, and this is expected to grow. While the amount of gas available from traditional production areas such as Alberta is less than it was a few years ago, the massive growth in natural gas shale production will more than make up the difference.

    Further, many of the new shale resources also contain natural gas liquids such as ethane and propane, and the value associated with the production of these liquids in addition to the gas, makes the development of these reserves economic even at today’s low gas prices.

    As a result, Ontario consumers, businesses and industries are paying some of the lowest prices for natural gas we’ve seen in the past decade, and experts predict prices will remain affordable into the next decade. In fact, the typical household has spent $400 less on natural gas in 2012 than they did just five years ago, and the savings are even greater for businesses and industry because of higher consumption levels. This translates into average annual energy savings of $4 billion for Ontario households and industry. And affordable natural gas is providing a significant economic boost to many local industries such as the growing mining industry.

    Natural gas is also making a positive impact on the environment by replacing coal-fired generation and presents a tremendous opportunity to fuel gasoline-powered transportation. Natural gas has only about half the greenhouse gas emissions of coal and 30% less than diesel-or gasoline-powered vehicles.

    When it comes to the extraction of natural gas from shale, industry, regulators, governments and non-governmental organizations are working collaboratively to ensure that the extraction process is understood and that rules and regulations reflect the balance between this economic opportunity and protecting our natural environment.

    New technologies, processes and regulations will ensure shale gas is extracted safely, so we can all continue to benefit from this abundant North American natural resource.”

  2. Categories: Business

    Guy Jarvis speaks at the Toronto Board of Trade.

    Last month, President of Enbridge Gas Distribution, Guy Jarvis, spoke passionately about the crossroads we’ve hit as a nation looking for safe, clean, affordable and reliable energy. Natural gas flows across North America are shifting and Jarvis sees how important this to Ontario. Jarvis mentions, “If we want to continue to benefit from natural gas, we must acknowledge and plan for the massive changes taking place in the North American marketplace.” He later adds, If we choose to let others determine our fate and do nothing, we risk being less competitive with our neighbours who already have access to newly available supplies. With Western Canadian supplies declining, we must ensure that we can access new supplies. By taking action, Ontario can capitalize on the potential economic benefits that natural gas can continue to bring well into our future.”

    Although we don’t often stop to think about it, Jarvis drew attention to the clear benefits of natural gas.  In addition to being safe, natural gas is clean and more affordable than it was five years ago and as such, provides great economic value for Ontario.

    Regardless of their political stripe, Ontario residents, business leaders, politicians and regulators must not lose sight of important questions. Do we ignore the changing North American energy landscape and hope for the best? Or do we take action now to leverage the changing North American supply dynamics for our benefit?”

    The economic health of Ontario depends on securing our natural gas future. Natural gas accounts for almost one third of energy use in Ontario. If we want to continue to benefit from natural gas, looking to continue that discussion is something we all should consider.

    Share your thoughts on this post in the comments section below.

  3. Categories: Uncategorized

    Helpful Hints for Saving in Your Kitchen

    Energy used in the kitchen goes beyond your cooking appliances. Hot water use can also affect your gas bill. But here are tips to cut back on water-heating costs by reducing waste.

    Save in your kitchen

    • Fix dripping faucets right away – dripping hot water for a month could fill 16 bathtubs (about 3,600 litres).
    • Install aerators on your taps.
    • Don’t run your water continuously while washing dishes by hand.
    • Wait until your dishwasher is full, and use the energy-saving cycle.
    • Open your dishwasher’s door to let dishes air dry instead of using the drying cycle.