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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (121229)	5/30/2009 1:08:12 PM
From: jrhana	4 Recommendations Read Replies (3) \| Respond to of 206084

This explosion of Shale gas is actually very recent phenomenon. Glen Petersen used a ploy on Google to demonstrate how the Marcellus went rapidly from a virtual unknown in 2007 to a super star in 2008 Message 25669214 There is powerful opposition to NG <Currently in Washington, the coal lobby is winning in “a game of trying to buy enough votes. And the game is getting rigged; the coal industry is better at playing that game than the natural gas industry. And my concern right now is that we’re going to see legislation that has the unintended consequence of allowing the continued use, and perhaps greater use, of coal to the disadvantage of natural gas. “If you left the playing field level…natural gas will win. But politicians will have a way of gaming the rules so market-based outcomes are not always the ones that are realized.”> Message 25671786 So (quoting myself out of convenience)<tell your congressmen and senators. I am vaguely hoping that someone will come across this material who knows their senator well enough to educate him. So spread the news around. I have zero interest in playing the blame game, but we have been an incredibly ineptly run country. But through some blind dumb luck we have an escape hatch in these shale NG deposits.> Message 25675581 <Are there any ventures under way aimed at converting natural gas to gasoline? I think I remember reading that it would be economical when oil was over $50 a barrel.> I'm not sure, but I wonder if that is either necessary or desirable. My gut feeling is that they can develop the technology to overcome all of the problems with the NG vehicle, but I lack engineering expertise to discuss it in detail. Solving technical problems is one thing this country has always been good at.