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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (608649)4/22/2011 5:50:58 PM
From: Brumar89  Read Replies (1) of 1577100
 
Virtually nobody in this country uses oil to generate electricity.

The energy in one barrel of oil is equivalent to that in about 6000 cubic feet of natural gas. (Actually its 5874 or 5847 or something like that.) But natural gas goes for $4 and change per thousand CF while oil goes for over $100 per barrel. See why no one burns fuel oil to generate electricity?

The markets are different. Oil is mostly refined into products used for transportation, natural gas is used for heating and power generation. If there were widespread natural gas powered vehicles and an infrastructure to provide refills, few people would use liquid fuels for transportation either ... at leat not at current prices.
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