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

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To: Dennis Roth who wrote (92991)	11/2/2007 10:13:38 AM
From: Tommaso	Read Replies (3) of 206325

Well, Dennis, that is the sort of thing that people say when the BTU equivalence gets way out of line like that. And then after a while it corrects. It has actually even gone beyond that briefly during a couple of NG price spikes, when gas hit $10 and oil was still below $40 a barrel. There still seem to be about 8 million households in the U. S. that burn heating oil, and many of those are in the colder parts of the country: nj.gov Some of those will convert to gas. Anyone who can convert and does not do so is not making a good decision. Fertilizer and other gas-consuming industries may reopen plants. I have always thought it weird to burn something purely for heat which can also power a diesel engine, but it continues. Converting automobiles or (more commonly) buses to natural gas is possible but not much practiced yet.

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