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

To: Dennis Roth who wrote (177463)	3/27/2013 8:13:12 AM
From: Salt'n'Peppa	5 Recommendations Read Replies (1) \| Respond to of 206175

More sensationalism. The article makes many assumptions and the chart it includes in the article refutes the content and conclusions they make. Assuming that the chart is correct (which forward looking estimates rarely ever are), it still shows global oil demand increase of ~3 million bbls/day by 2020 when allowing for fuel efficiencies. The article completely ignores this. The article assumes that global populations can afford to switch over from oil to ng use. The article does not address the fact that oil demand outside the US is growing at a faster rate than it is dropping within the US. The article does not address the difficulty in getting global LNG infrastructure to a level that could accommodate a global shift away from oil use. It is not exactly a cheap proposition on that scale. Too many assumptions and "matter of fact" conclusions for me to swallow on a 5-7 year time scale. S&P

To: Dennis Roth who wrote (177463)	3/27/2013 12:06:19 PM
From: t4texas	1 Recommendation Respond to of 206175

it is interesting the report you posted says the sanctions on iran's importing gasoline has moved iran into the world's leader in ng vehicles. the report says iran has gone from less than 50,000 ng vehicles in 2005 to 2.9 million in 2011. to me this means when cars and trucks are available to be bought in the usa, it could happen more quickly here than people are expecting it. the usa map in your citi report shows the fueling locations today, and it will just increase as more ng vehicles are on the roads for the demand.