|
Posted by saddlebag on June 26, 2009, 11:02 pm
show/hide quoted text
> "There have been massive new discoveries of natural gas in the United
> States and Canada in the past year, particularly due to new
> extraction from shale technologies. The discoveries have been
> so massive that the price of natural gas has fallen in one year from
> $13.7 Mcf to $3.51. =A0Part of that price decline is also a decline
> in global demand.
> "What does this mean? Since a new car can be put on the market using
> natural gas for the same price as a new petroleum burning car,
> the U.S. can make a rapid shift to 50% natural gas in autos
Disregarding that:
A) There is a tiny LNG infrastructure issue that needs to be resolved.
B) OSAHA is going to have to come to grips with major accidents while
the hillbillies figure out that smoking near volatile gases is
honestly bad for their health.
C) A market full of employed persons is always nice though unlikely to
find in our US of Dependency...
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap
> States and Canada in the past year, particularly due to new
> extraction from shale technologies. The discoveries have been
> so massive that the price of natural gas has fallen in one year from
> $13.7 Mcf to $3.51. =A0Part of that price decline is also a decline
> in global demand.
> "What does this mean? Since a new car can be put on the market using
> natural gas for the same price as a new petroleum burning car,
> the U.S. can make a rapid shift to 50% natural gas in autos