How You Can Invest in the Pickens Plan [View article]
Pickens' plan to use nat gas to power automobiles is audacious to say the least!! The supply of nat gas is and has always been very tight, and once people begin using them for everyday transportation use, the price of nat gas will skyrocket. Just ask all the nat gas fired power plants who came online in the 90's... Once they began using nat gas, they generated too much demand themselves.
Most of the nat gas power generators in the US today are operating at a loss due to their own demand for the fuel.
If the Pickens plan were to initialize, the best way to invest in it would be nat gas producers like CHK, DVN, UPL, ect...
How You Can Invest in the Pickens Plan [View article]
Most of the nat gas power generators in the US today are operating at a loss due to their own demand for the fuel.
If the Pickens plan were to initialize, the best way to invest in it would be nat gas producers like CHK, DVN, UPL, ect...