jack kreg

Oil Defies Bearish Sentiment: Will Natural Gas Follow?

Sean, you said nothing about the steep and massive increase in energy taxation that Obama is going to impose on energy company's and America's people. Hence, with NG a regional fuel, its priced to meet a strongly slumping economy in Obama's America. But, oil, a global fuel, is being priced to meet future growth in the more free economy's, namely BRIC's.
OObama's energy taxation plans will not only hurt Americas energy industry, but its people and the broader economy as well.

Bullish Picture for Energy Once Economy Picks Up

when will American Leaders (Obama) wake up to the key importance of natural gas to our transportation fleets?
Its insanity, American sits on an abundant supply of NG, its much cleaner burning than gasoline, its cheap and priced in the No. American markets (not OPEC), and every eq. NG gallon we burn in a car, truck or bus is just another gallon NOT bought from OPEC.
This technology is mature, does not have the risk and high expense, nor does it need a bailout from Congress (read your tax dollars) before Detroit can bring NG powered cars to the public.
Heck, as always, the private sector has already begun to make there move, with ATT allocating $500Million to purchasing NG powered vehicles from FORD, yes an innovative American auto maker.
But of course, who would expect the left leaning, frozen in climate change, Obama gov to push policy's that would insure low cost transportation and fuels for the American middle class?
ATT has made is move, mean time Obama wants $5/gallon gas, to slow climate change, seems like the private sector is moving to help the middle class, while gov is moving to help the Gore-elites!