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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (21475)7/23/2009 1:35:06 PM
From: Tommaso  Read Replies (1) | Respond to of 71423
 
I think it's more likely that low natural gas prices will put a brake on crude oil. No one in his right mind would continue heating a house with heating oil, and a changeover to gas where it's available is cheap. As vehicle fuel, gas costs less than half per BTU than oil, but neither the vehicles or the service stations are likely to appear quickly. That leaves electrical generations, chemicals, and fertilizer as beneficiaries, and coal as a likely victim.

Electrical generators running on natural gas are the cheapest, quickest, cleanest, and increasingly efficient to go into service. Environmnental objections are minimal (soon as the drillers convince people that fracking shale won't pollute groundwater).