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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (65802)	7/7/2004 9:26:05 PM
From: greg s	Read Replies (2) \| Respond to of 77400

mindmeld, You missed the entire thrust of my last post. Let me try it again: Neither natural gas nor hydrogen offer a long term solution to the oil crisis. Hydrogen is extracted from natural gas. Natural gas is a fossil fuel (just like oil, in fact it mostly comes out of the same hole). Now a lot of the natural gas we use comes from domestic sources. This is currently used for heating, air conditioning, industrial processes. The reason most of it comes from domestic sources is that it is so expensive to transport (as liquified natural gas in sea-going tankers). Columbia Gas ran a fleet of LNG tankers back in the 70's, they offloaded in the Northeast somewhere (think it was Delaware). I'm not sure this is happening much anymore, certainly not on a grand scale ... way too expensive. OK, let's take your proposal a bit further. Let's convert our transportation energy needs to hydrogen (requiring a huge amount of natural gas). Our domestic sources will no longer support this burgeoning demand. In fact, analysts place a very finite time limit on how long our domestic sources will last at our current usage rate (just like oil!) OK, we have built up this massive hydrogen infrastructure. All the "gas" stations are retrofitted to supply hydrogen. All the domestic transmission systems are in place. Whoa! Wait! We don't have enough natural gas to supply our hydrogen needs! Guess where we'll have to go to get this natural gas? Any idea what it will cost to get it from there to here? Are you catching my drift here??