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  • 10 Highest Paid CEOs for 2008: Unbelievable [View article]
    You have to hand it to Pandit, he sure broke the bank with his compensation as well as the bank's own finances. To be fair, he didn't create the problems at Citi, but has he made the right moves for the company's sake, or defaulted to 'too big to fail' status thus enabling his government backstop? We all know the answer, but he still made 38 million?
    May 06 10:10 am |Rating: +1 -1 |Link to Comment
  • Six Companies Poised to Gain from a Natural Gas Auto Mandate [View article]
    First of all, natural gas is $.85 a gallon in Utah and only Utah. If the infrastructure was available, the supply of vehicles that used natural gas would rise as well. With all of that the demand would rise for the fuel which would adversely affect the cost of the fuel. The cost for natural gas vehicles is higher than standard internal combustion engines, and it is about 40% less efficient with miles per gallon.
    Our domestic supply is maybe a hundred years but it would be affected by new demand. That means we would likely be subsidizing to build the infrastructure that has a diminishing life of domestic supply.
    Pickens plan is to use natural gas in trucks. Trucks use diesel for two very good reasons. First, diesel engines produce better torque for pulling. Second, diesel trucks are 30% more efficient in mileage than gasoline engines. Natural gas engines are 40% less efficient than gasoline engines.
    Jan 20 14:17 pm |Rating: 0 0 |Link to Comment
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