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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: nolimitz who wrote (238663)	3/16/2002 4:38:01 PM
From: joseph krinsky	Respond to of 769670

"The oil companies may not have it in their interest to explore these deposits, because...well,,if everyone used NG for the auto fleet, guess which direction the price of oil would go?" Where in that sentence do you see "Oil Co's" would go? I said the price of oil would go. Shell to my knowledge has no leases on these methane hydrate deposits. No one does, as far as I know. I happen to think that it would be a natural progression for them to develop these deposits, but that's only because they already have the experience in drilling, but that doesn't mean that they have to be the ones that do it. It wouldn't have that much of an effect on the auto manufacturers after the initial conversion. What do they care whether a car uses oil or NG as the basis for fuel? And what do we care? As long as it gets us to where we want to go? I'm not married to the idea of gasloine as the fuel of choice or necessity. In fact from what I understand, NG is less polluting than gasoline, and delivers almost the same amount of fuel mileage.