Could gas (not gasoline) solve our energy problem?

[AztecWilliam]

Here's very positive news on the energy front. Turns out we have plenty of supply right here in this country. Too bad The One (aka the President of the U.S.A.) hasn't received the memo!

www.realclearpolitics.com/news/ap/us_news/2009/Dec/21/gas_could_be_the_answer_in_global_warming_fight.html

AzWm
Seasons greetings!

[aztecwin]

They mention that Exxon/Mobil has taken a huge position in this idea. I think that is is in part because of the now low price of natural gas and the idea that higher prices are ahead if the trend catches on. Lets watch what the other bigger oil companies do and if there is any government interference in the marketplace. I own Exxon and have recently taken smaller positions in Chevron and ENI.

[AztecBill]

Dec 25, 2009 10:36:14 GMT -8 aztecwin said:

They mention that Exxon/Mobil has taken a huge position in this idea. I think that is is in part because of the now low price of natural gas and the idea that higher prices are ahead if the trend catches on. Lets watch what the other bigger oil companies do and if there is any government interference in the marketplace. I own Exxon and have recently taken smaller positions in Chevron and ENI.

Natural Gas can be turned directly or indirectly to Hydrogen. Electric cars or fuel cell cars will be needed to reduce foreign oil and make a big dent in solving anything.

How about domestic oil ? That can be a quick and effective answer.