Did you know this:
"The U.S. has been a net importer of natural gas for the past 30 years, according to the Energy Information Administration. Over the past two (recession) years, we have been a net importer at an average rate of 235 billion cubic feet per month. Earlier this year, as the domestic natural-gas process touched historic lows, the EIA reported that the U.S. continued to import natural gas from Canada, Mexico, Egypt, Nigeria, Qatar, Trinidad, and Yemen."
For the past two years, I have heard Cramer and others complain that we have all this NG and that Obama is crazy for being anti NG. Then you brought up the whole issue of NG and why are we not moving in that direction. During this time, I had assumed we had a surplus of NG. In reality, we don't.
I know why Cramer is making the big push.........probably because he owns Marcellus Shale land.....but why are you pushing it when we don't have enough? |
