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

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To: richardred who wrote (146269)3/5/2011 1:14:01 PM
From: Bearcatbob  Read Replies (3) of 206192
 
"IMO that's because newer big players like Exxon/Mobil can sit on their NG holdings while selling their crude at high market prices. "

IMO any holder of natural gas would want any possible new market.

Any bus company or truck fleet company is free to move to NG fueled vehicles. To blame few NG cars on XOM is simply wrong. BTW - when is the last time you heard/saw our leader and his band of merry scientists pushing NG vehicles? When you answer that I think you will be closer to why it is not happening. All the money goes to wind mills and solar panels - not the hated C molecule. Oh yeah - and fantasy trains in California. If they want to spend money on trains spend it on expanding the Eastern Corridor lines.

Bob
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