United States Natural Gas Fund, LP (UNG)

All Comments on UNG

  • commenter
    Jul 17 02:14 PM
    Comparing Oil and Natural Gas [view article]
    Could be there's support at the consolidation level in June 2008, which is pretty much where the chart is now ... At about $130 ... Then again, in this market ????? Thx jegan ;-) Reply
  • commenter
    Jul 17 02:02 PM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Observationist,

    No offense, but you obviously didn't get my point about the value of CNG vehicle tax subsidies to CONSUMERS. If MANUFACTURERS raise their prices to pocket such subsidies for themselves, as is clearly the case with the Honda Civic GX, why have them in the first place?
    Reply
  • commenter
    Jul 17 01:56 PM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Brian,

    While I believe you and I are essentially on the same page as regards our energy crisis, I'm not sure you're being totally fair to TBP. While he's changed his mind about wind farms, so has the rest of the nation changed its views on domestic energy exploration (...except for people like you, me and TBP, who were for it all along).

    Last week he I saw him respond to a question before a Senate committee by saying he changed his mind about opening up ANWR, and that he's for it now. That could hardly endear him to those Liberals, or help get their support for his wind-CNG plans, either.
    You might want to consider giving him in a break on this one.
    Reply
  • commenter
    Jul 17 01:44 PM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Some of the energy sales tax funds could be used to increase subsidies of solar & wind installations that property owners purchase. This would increase distributed power generation on the electric grid putting less strain on building new power plants. Also, for those with electric vehicles, they could be "filling their tanks" very cheaply. Reply
  • commenter
    Jul 17 01:12 PM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Rich K,

    Thanks for the info on NG supplies and the use of CNG in trucks.

    Here's an interesting aside on the "value" of tax subsidies as regards CNG vehicles. A new CNG powered Honda GX sells for $4,000 more than its hybrid cousin, although it's cheaper (...about the same cost as a standard Honda Civic) to produce. Coincidentally, perhaps, the federal tax credit for buying a GX is exactly $4,000, which goes directly into Honda's pocket, not yours! So much for the benefit of government tax subsidies for encouraging consumer behavior.
    Reply
  • commenter
    Jul 17 12:56 PM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    actually steam is the best power source for high-torque applications. coal-fired steam locos anyone ?
    > jack
    Reply
  • commenter
    Jul 17 11:32 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    The reason "The Pick" is successful is he concentrates on the issue on hand, in this case energy and it's use in transport.

    He doesn't get sidetracked off on some social issue like Social Security Taxes for lower incomes and try to cure that with funds created out of energy use. Next you'll hang health care as a % of pump costs--talk the thing to death and qualify as a True Blue Socialist Politician!!

    The Pick has a good idea!. Get behind it and support it as it is!.
    The last thing it needs is a third "Legion" of Do Gooders trying to figure out how to siphon off some of it's efficiencies.
    Reply
  • commenter
    Jul 17 10:07 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    re: alternative power for long-haul trucking.

    All trains use electric motors. They are the best powerplant for high-torque applications. In the fullness of time, I expect to see fuel cells replace diesel power, but over the short term, we will probably see a lot of truck traffic shift to rail (that's why Warren Buffett has been buying rail stocks). There is the possibility (one would have to do some detailed design calculations to be sure this is feasible) of a GM Volt-style powertrain for trucks, with a diesel generator producing electricity for the electric motor drive train, augmented by batteries & regenerative braking for stop-start driving. my guess is that we could see mileage improvements of around 10%-20% for trucks using technology like this.
    Reply
  • commenter
    Jul 17 09:34 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    NG to methanol to high-octane gasoline via the Mobil process makes sense.
    > jack
    Reply
  • commenter
    Jul 17 09:21 AM
    My Website
    Implementing Pickens' Plan for Public Energy Policy [view article]
    I have two natural gas deposits which could supply all the NG needed for 1/4 of the US vehicle fleet. Its all here and ready to go. see strategicnine.com . any Questions? Reply
  • commenter
    Jul 17 08:55 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Why not use natural gas to power electricity generation (an easier infrastructure fix and climate aid) and increase mileage requirements to 45-50 mpg in the next 3-5 yrs and let the auto industry and consumers decide on hybrids vs. electric. During this transition, bring alternatives, such as, wind and solar online so that innnovation in these areas has a chance to increase efficiency and bring down costs. Reply
  • commenter
    Jul 17 01:39 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    I enjoy this debate and thank you for your suggestions. Help me calculate the cost of pollution. Have you seen a method of rationally capturing or allocating pollution or defense costs associated with petroleum usage?

    I would love to be truly apples/apples here... presently I am skeptical, but am open to going through a fair spreadsheet on the subject.
    Reply
  • commenter
    Jul 17 01:34 AM
    My Website
    Implementing Pickens' Plan for Public Energy Policy [view article]
    Plunk your money down Pickens and good luck on your wager. I'm buying shares of GM now for there debut of the Volt. Nuclear power will be sufficient enough in the short-term to offset some demand on petroleum and both Presidential candidates are behind building more nuke plants and four are now going to be built immediately as the permits were approved, rather quickly I might add. Wind has it's place so Pickens may do fine, but I find it rather appalling he parades around as the former oil guy because he cares about America. What he knows is that we will become less petroleum dependent and his golden goose is being killed from overseas nations booting the last vestages of American companies out and under fire from the Democrats. Exxon will begin cannabilizing there own product and invest in biodeisel. Reply
  • commenter
    Jul 17 01:08 AM
    My Website
    Implementing Pickens' Plan for Public Energy Policy [view article]
    “I was in wind energy for a minute…. I hate it. And when I got to looking at those damn things I said, I don't want to be a part of putting that on the horizon. I think it's homely and I don't like it. We took a loss and got out of it and I'm glad I did.” —T. Boone Pickens, Bloomberg, February 17, 2005
    Reply
  • commenter
    Jul 17 12:19 AM
    Implementing Pickens' Plan for Public Energy Policy [view article]
    "The US could try and build new rigs"
    For what possible reason would the word "and" appear in that sentence? The infinitive form of the verb "build" is "to build", not "and build"......same as any other verb.
    Reply

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