Comments on: Becoming Big Gas will cost Big Oil Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: alang36 Sat, 07 Aug 2010 05:13:35 +0000 Good to see Big Oil turning toward natural gas. Maybe with the enactment of the NAT GAS Act (HR 1835) which has plenty of bi-partisan support in the House and less so in the Senate (S 1408) there will be an infrastructural build out and re-fuelin facilities for CNG will start showing up.

“If they build it they will come” and I hope it’s a helluva lot “sooner” than later. It’s way past time for Americans to adopt a real “Buy American” campaign and stop supporting OPEC funded world wide terrorism. How many trillions of American dollars have we “exported” to the world crude market under OPEC’s control? Wasn’t it Richard Nixon who told us he was going to end America’s addiction to crude in the early 1970s?

With our 2,000 Tcf to 4,000 Tcf natural gas reserves we are at an opportune time to initiate the crash program to transition our transportation system to CNG powered heavy duty trucks, buses, utility vehicles and dual-fueled cars. fueled cars.

By utilizing American natural gas we can begin to see what the benefits of an “extra” 350 billion dollars will do for our devastated economy as it multiply’s throughout our economy 2, 3, 4 or more times. We’ve done enough for Islamic terrorists over the past 35 or so years. Hopefully, it’s now America’s time to return to prosperity.

By: Mike1948 Fri, 06 Aug 2010 18:31:50 +0000 The good thing about the gas supply increase is it will give the industry and the world economies a little breathing room on the declining oil supplies. We need the gas and our industry has used new technology to bring it to market. Now lets prepare for the future (of declining oil production)in an less chaotic and less speculative environment.

Mike (40 years in the Oil and Gas Industry)

By: CDN_finance Thu, 05 Aug 2010 21:52:59 +0000 Maybe I didn’t read closely enough, but where’s the point? Is it to say that oil companies are now a bad investment because they buying up and developing as much easy natural gas properties as they can? I suppose by that logic that mining for iron or tin is a waste of time because you get bigger margins mining for gold and silver, or that farmers should stop growing wheat because they get better margins on nuts or livestock. YEESH!