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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (124440)	9/25/2009 11:39:54 AM
From: jrzy	1 Recommendation of 206181

Chancels - Thanks for your many valuable posts on this thread. Like you, I was a fan of Calpine and Pete Cartwright. I agree with Peter Huber’s general theme on natural gas. But, be aware he has a history as a gun-for-hire. He’s a bit loose with claiming that natural gas was a practical vehicle fuel alternative in 1973. Although the technology for using it was then available, there was no sense, or hope, of the natty abundance that is now evident. Indeed much of DOE budget at that time was toward developing processes for producing $5/mmBtu synthetic natural gas (SNG) from coal. >>The squeeze should have started long ago. With the technology available in the days of Ford's Model T, using liquid fuels made it much easier to get lots of energy quickly and securely on board. But gas-handling technologies had improved quite enough to make natural gas a practical alternative when the Arabs embargoed their oil in 1973.<< Source Watch has an interesting bio. sourcewatch.org

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