Economical and easy to transport, LNG is poised to become the energy source of the future. LNG, or liquefied natural gas, is produced by cooling natural gas to -260°F under conditions of normal pressure. The primary advantage of LNG is that it takes up just one six hundredth of the space its gaseous volume would take up making shipping easier and economically feasible, especially to remote locations in the absence of a pipeline.

Companies like Triple Diamond Energy Corp. understand more than anyone the costs involved with producing a barrel of oil. The high cost of finding and extracting the oil can place a serious burden on our economy. For this reason and to reduce our dependence on foreign oil, Triple Diamond Energy Corp. are proponents of finding new sources of domestic oils for use in consumer products.

Compressed natural gas is one of the safest and cleanest types of fuel today. Companies like Triple Diamond Energy Corp. are constantly looking for new natural gas discoveries in order to feed the growing demand for this clean fuel. The consequences of what can happen without clean fuels like natural gas and a lack of governmental environmental regulations can be seen in South Korea today.

U.S. based natural gas companies such as Triple Diamond Energy Corp. realize the vast amounts of oil in the United States. But even our plentiful amount of oil is dwarfed in comparison to the oil reserves in Russia. Russia is the home of the world’s largest proven natural gas reserves.

Many domestic oil exploration and drilling companies including Triple Diamond Energy Corp. search for oil reserves within the nation’s boundaries. Companies like Triple Diamond Energy Corp. that produce oil from U.S. land help us to reduce our dependence on foreign oil. However, there are also immeasurable amounts of oil to be found below the ocean floor. Many large oil companies around the world have set to the seas to discover new oil.