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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 4:36:42 PM
From: upanddown	1 Recommendation Read Replies (3) of 206191

The NG infrastructure isn't built yet No it isn't, Richard, and it won't be built until the demand is there. The U.S. actually has, by far, the most extensive NG delivery infrastructure in the world but the pipe ends at the home, power plant and factory floor rather than the service station. I think the lack of infrastructure is a false argument. Tens of thousands of urban stations have NG pipes running right down their street. Many service stations already bring in NG for heating and cooking. Tapping the NG supply and installing a couple of CNG pumps is no big deal. NG will never be for rural settings but as an urban commuting vehicle, it could be ideal. The lack of progress is baffling and the job creation possibilities are enormous. Unlike some here, I don't just blame it all on politicians they don't like. Private industry should be taking the lead here. Why doesn't XOM install CNG pumps at a couple hundred of stations as a way to promote NG vehicle use? The cost would be peanuts to an XOM. The XTO acquisition never made sense unless XOM saw NG demand climbing out of the 18T-22T channel it has been in for 40 years. John

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