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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (606119)4/1/2011 1:34:14 PM
From: i-node  Read Replies (1) of 1579031
 
>> And while diesel now averages around $3.79 a gallon in Houston, a comparable amount of compressed natural gas costs $1.70 to $1.90.

I don't know much about the energy markets, and you obviously do. Do you envision that after a transition to more CNG use these prices would rise?

It seems to me that supply is pretty unlimited and the current pricing may be a function of the lack of availability of refueling stations.

In OK, 75c pricing is common right now. I just wonder to what extent the current ~$2 price in many places is a result of the cost of stocking a product that is in fairly low demand. Or if that's not a factor.
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