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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (56329)10/12/2009 2:41:56 PM
From: elmatador  Read Replies (2) | Respond to of 218188
 
How comes; LATAM has 48% of the world's fleet of NG vehicles?

Message 26012556



To: KyrosL who wrote (56329)10/12/2009 2:43:31 PM
From: elmatador  Respond to of 218188
 
How comes: Leaders on Gas powered vehicles: Argentina, Pakistan, Brazil and Iran.
Message 26012513



To: KyrosL who wrote (56329)10/12/2009 4:27:35 PM
From: Snowshoe  Respond to of 218188
 
>>In North America the price of natural gas is one third of the price of oil, on an energy equivalence basis. <<

We did hit that extreme ratio a few weeks ago, but NG has now dropped back to about 1/2 the price of oil. Historically the $WTIC:$NATGAS ratio was around 7, but it's jumped dramatically in the last three years. This chart compares the 1-year (52 week) and 10-year (520 week) averages...

stockcharts.com

This price trend is driving the further build-out of NG infrastructure in the USA, and a shift toward NG vehicles.