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Strategies & Market Trends : Ride the Tiger with CD

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To: Cogito Ergo Sum who wrote (169220)7/12/2009 12:12:49 PM
From: jrhana  Read Replies (1) of 312979
 
<I do not understand American reticence to embrace NG as transport fuel>

I think a large amount of that is that the knowledge of how vast our NG holdings are has not sunk in. As Senator Hatch discusses it has literally only been about two years that it has been confirmed

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good article from a democratic senator:

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With the just discovered Eagle Ford deposit in South Texas that makes 6 massive North American shale NG deposits.

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The deposits are Barnett, Barnett, Fayetteville, Haynesville, Marcellus, Eagle Ford, Horn River.

The problem is that everybody's thinking from 5 years ago about North American energy supplies is totally obsolete. It is tough to totally adjust one's assumptions.

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