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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 457.82

+1.3%

Jan 23 4:00 PM EST

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To: dvdw© who wrote (108326)	11/7/2014 9:36:16 AM
From: Horgad	Read Replies (1) of 219679

I don't dispute that its a possibility, but I am not sure that it is a forgone conclusion. NG was 1/2 the price of Gasoline for like a decade in the 70s and seems like things are re balancing now with oil falling. Besides they are working on processes to convert NG into gasoline which will probably be way more efficient than changing all the cars and pumps across country to be able to deal with bulky NG instead of liquid fuel. Meaning the cars might not change much just the source of the fuel. In the future, the NG price + cost to convert to liquid fuel and the price of petroleum based fuel will likely be closely correlated.

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