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Permalink Reply by Hopeful About Natural Gas on September 7, 2011 at 10:50

Predictions are often 100% wrong.  Look at the predictions just a handful of years ago that we would need to import natural gas.  That idea seems ludicrous today.  In fact, we have the opposite problem of too much natural gas.  But I think that is a good problem to have!

 

I was made a believer in NG by Boone and Aubrey.  What has happened to the basic idea that natural gas was clean, abundant and affordable???  Perhaps those are what they call "human values" while companies are run by strict profit and loss standards. 

 

This feels like an intellectual and corporate U-Turn.   I want to hear more from Boone and Aubrey ...

 

 

 

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Permalink Reply by DrWAVeSport Cd1 on September 7, 2011 at 11:33

HANG,

Agree per "predictions," but when the Predictors are the O&G Game Changers themselves and they aren't even predicting a very seeable future for nat gas prices, makes you wonder how companies like CHK and others can afford "oil shale" INFRASTRUCTURE costs and TRASPORTATION investment costs, and CNG investment costs, and CNG VEHICLE investment costs...and on and on.     AND a shale nat gas production explosion with $/mcf imploding...maybe for years and years?  AND an economic semi-depression?  And the American comsumer not likely to get off oil/gas-guzzling vehicles because that is what is familiar and normal for American drivers.   AND the XTRA price tag of $15K plus just for the opportunity to drive a CNG vehicle?  AND CHK and Others needing to SIMULTANEOUSLY get their mountainous debt erased?

I don't know?   I don't think even Aubrey Kerr McClendon can 'talk' enough Americans into this one. 

Today, it just doesn't look like the cost/benefit will make it a reality.   Here's hoping I'm completely WRONG! 

Predicting, it will be a very bumpy ride indeed. 

9/7/2011

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