tommytwotimes

Chesapeake Energy: Natural Gas Supply Responds to Price

Henry Ford didn't care that there were no gas stations for his car. If we build NG cars, someone will build a gas station. High oil and a bad economy make it more feasible. BTW its already here, check out CMI and WPIVF, they are convert all the trucks in the port of long beach to NG. Once they have it perfected they just need smaller models of engines.

US Economy Still Has a Ways to Go

I agree with the above, but Freddie and Fannie will fall with or without help from the feds, right? I think they should let them fall too, but either way spells recession which we are already experiencing. I think a depression similar to the 30s needs to be defined by three words. Housing (homeless), jobs (jobless), and food (hunger). The housing issue is present and unemployment is growing. Threatening the food supply could be the perfect storm and there are issues becoming more volatile in that industry.