Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (603407)	3/13/2011 2:01:17 PM
From: Brumar89	Read Replies (1) of 1573916

NG as a transportation fuel makes sense in a lot of ways. The o&g companies (and Pickens is part of that industry) who hold lots of ng reserves would love more use of natural gas. What's holding it up? I think the problem is the infrastructure investments that would be needed ... in advance of / in anticipation of market demand. They need assurance affordable supply will be there. Looking at ng historically, its been a boom and bust business with big price rises and crashes - the people who'd have to make the investments don't like that. Plus they know the liberal environmentalists are scheming to outlaw the hydraulic fracing that makes much of our ng usable. Example: Message 27232671

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