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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (642857)1/20/2012 3:01:24 PM
From: i-node  Read Replies (1) of 1579459
 
>> You'll see they mostly produce more natural gas calculated on an energy basis than they do oil. Of course, prices being what they are, the biggest profits are made on the oil side.

Right. What motivation does Exxon have to push natural gas vehicles?

Big Oil is going to stick with the cash cow as long as they can. I think CLNE is on the right track, although, I'm not sure they're adequately financed to do this on their own. I do have a significant position in CLNE shares because I believe in the concept. But it is a tremendous roll of the dice, in part because they're choosing LNG over CNG, and who knows how that is going to play out over the next 20 years.
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