I think when the new energy bill is complete ng will end up in a very comprising position. If i'm wrong i'll be suprised......time will tell and you know what will smell.
CM, sorry to disagree but Big Oil is actually Big Gas and would benefit. Look at BP & Statoil's investment in the shale gas plays and ExxonMobil's position in the Rockies and Canada.
Parker, you are spot on. I always say Detroit will start making NGV's and NG filling stations will be installed when the buying public creates the demand.
We just need the government to clear the way of potential roadblocks.
Chesapeake CEO convinced CNG popularity will grow - Journal Record
OKLAHOMA CITY – Despite decreased demand for natural gas in the last year, Chesapeake Energy Corp. CEO Aubrey McClendon said Tuesday he remains so convinced of the fuel’s future that he’s even converted his personal vehicle to run on it.
I also read that he plans to convert "some" of it's fleet to run on NG.