Michael Fitzsimmons

Russian Energy and U.S. Implications

I had cut-n-paste issues with this article. Let me finish a sentence that was "lost in translation": ".....or perhaps just Russian government officials asking themselves why pump all out now when we can wait a year or two and get double the number of US dollars per barrel."

sirlacksalot: i am not suggesting we change ALL auto transportation to natural gas. the magnitude of the energy crisis facing the US means will we need ALL types of energy we can get for the transportation arena: NG, electric, biofuels, etc and yes, oil. The promising thing about natural gas is that there are huge supplies the world over, and if the US had a clue we'd be building the LNG terminals on both coasts now to support its importation. The same people now who are refusing licensing and construction of these terminals (for instance, in the northeastern US) will be the very first people who complain about high natural gas prices while watching their frozen breath from inside their homes.