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Re: Nat Gas/Crude Ratio Chart/Trades

Hi Trades,
You hit the "Nail on the Head" with this comment: !!!
" Much like the NG chart it does show NG is getting cheaper and cheaper all the time but at record lows relative to Crude. One would think more and more companies would be switching over to NG in all ways possible with this comparative cost difference. And you'd think the government would be actively encouraging companies to do this to reduce their dependence on foreign oil supplies. "

Yes, companies are doing things (list later) but the BO Administration / Gov't is doing Nothing !!!!

That TARP money could have gone into Infrastructure (pipe lines) or CNG stations/facilities in densly populated areas where CNG fleet vehicles are practical. NYC just bought a bunch of new Taxi cabs and guess what - they will use gasoline !!!!

So what does OB do ..... They fund a bridge to an island off the west coast of Florida of residential homes that the homeowners were going to rebuild anyway and support it with tolls. A guy I grew up with lives there, a wind fall for them !!!! [Likely a bit of a VOTE calculation in here !!]

Now it seems they want to export LNG to where ever .... Let's take care of our needs first !!!! My Nat gas and Electric bills are still way too high !!!!!

More later on increased Ng usage/application, but it takes time to build the facilities !!!

Lee

Messages In This Thread

Nat Gas/Crude Ratio Chart *PIC*
Re: Nat Gas/Crude Ratio Chart/Trades