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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA -- Ignore unavailable to you. Want to Upgrade?

To: jrzy who wrote (1103)	7/29/2009 10:59:41 AM
From: jrhana	Respond to of 6160

It does seem high. Here it is again <As for AT&T, it says that it will spend $350 million converting the original 8,000 vehicles. It will then spend another $215 million phasing out 7,000 additional cars and replacing them with those that are more fuel efficient. It's an investment that the company says will pay off in the form of lower transportation costs.> Message 25795717 For Encana and it's trucks: <It is a capital intensive process,” Hill said, explaining that it costs $10,000 to $12,000 per truck to do the conversion.> Maybe the AT&T figure includes the cost of the refueling stations Encana is apparently talking about bifuel vehicles <In fact, Hill admitted, it is likely that most of EnCana's Western Slope fleet will not be converted until there is sufficient demand to warrant the installation of CNG pumps at local service stations.> Message 25802306 I'd also have to agree with this comment: <I'd give Pickens a lot more credit than Obama for realizing natural gas is the natural bridge from foreign oil dependence to energy independence. Obama has been slow to move - we need LNG vehicles and fueling stations for the general public not just corporations.>