BrucePile

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  • Profiting from the Pickens Plan: FAN, Clean Fuels, Fuel Systems
    The most important feature of the Pickens plan is that it can be done far sooner than other oil replacement measures. They already convert vehicles to CNG elsewhere like Americans buy flat panel TVs (and for less cost). Natural gas here is probably going to decouple from global oil pricing because of a rising tide of unconventional gas, although without EROI change, this may be at the expense of added oil use. We may have to engage in bidding in the global LNG trade to make the plan work. But this would be far better than being dependent on imported oil.
    Jul 26 16:49 pm |Rating: 0 0 |Link to Comment |View article

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