blanco-dee

Study: U.S. Has 118 Year Supply of Natural Gas

I like the idea of using nat gas as a fuel for transportation, and I find it incredible that even the head of Sempra on Mad Money tonight wasn't sure how it would be distributed as a transportation fuel. (I forgot his name) - but they are a midstream distributor. They send it off to end users by getting it to the utility companies.

I use nat gas every day, and as a heating fuel in the winter. If only I had a compressor in my garage I could top off my tank when I needed to, and then drive to a nat gas station when I needed alot for a longer trip than going to work.

There's plenty of basic infrastructure that could be beefed up in 10 years, and I looked into it 12 years ago to see what it would take to get a Ford E-150 van converted. The saddle tanks were overpriced at $600, but the whole conversioo was pretty easy, and most I could have done myself (carburated vehicle). That's about when BP opened their first CNG filling station in Farmington, NM mostly for fleet use(may have been (BP-Amoco at the time)

I do love the algae idea in the long term, I think of coal fired power plants with adjacent carbon sequestratioon facilities growing mass quantities of algae. Oil getting squeezed for bio-diesel, and the cellulose converted to ethanol (or liquor)

And I have 220 volt power at my house too - for a daily use commuter vehicle I could charge at home, it would be great except for the fact that GM will want to charge me $20K for one in 3 years.

I should mention I'm an investor in Canroys, because I work for the government getting involved in too many energy issues, so I have a conflict of interest in most US nat gas E&P/oil companies, and pipeline companies, and soon it will be solar and wind and the larger scale project's footprints on the land are pretty hideous. I am consideriing solar on my rooftop, , but that's another utility company fiasco, even with tax breaks it is a large investement and break even in the long run.

Right now my carbon footprint is awesome - and that's fun until gas gets over $5, I only have 3 gas guzzlers and an electric or nat gas 2 seater would help alot.

Does anyone know if T. Boone Pickens actually said "If you don't rush the monkey, you'll get a better dance" ?

have a good one,

BDO