Hell arrives first!
The Bible says hell is down below a few miles above the molten core of the Earth. The Bible also says this is where we will go. But our wise men misunderstood the Word of God. We will not go down; hell will come up to us. Our planet will get so hot that we will all slowly burn up. The only way we can escape is buy a ticket on a space ship for $500 billion per seat. If you're short of money you will be stuck here when hell arrives.
We can delay the arrival of hell if we phase out CO2-intensive coal and crude oil. We must shutdown dirty electric plants and switch to solar and wind. But solar and wind are decades away. In the meantime we can use natural gas with 50% less CO2 until solar and wind are ready to power the world.
The entire world knows this to be true.
There are 2,203 trillion cubic feet of natural gas in the US. We use about 24 trillion cubic feet per year so we have enough to last about 92 years.
Per KW hour, coal cost 12 cents, nuclear cost 10 cents, wind cost 8 cents, and NatGas in 6 cents. The government does not need to force fuel switching, it will come automatically.
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Carl Icahn owns 72 million shares of Chesapeake Energy. Is he stupid? Or is he smart?
Chesapeake controls 8 million acres of of oil and gas rights in the US. They are the second largest NatGas producer behind Exxon. Exxon sells for $90 per share and has $4.5 BILLION shares outstanding. Chesapeake sells for $4.35 per shares and has 673 million share outstanding with approval to issue up to a maximum of 1.5 billion.
Will your money multiply faster in Exxon or in Chesapeake? What are the odds that Exxon will double in the next year? What are the odds that Chesapeake Will double? Keep in mind that for every share you buy in Exxon, you can buy 20 in Chesapeake and there is 3 BILLION less shares of Chesapeake as there is in Exxon.
Do see why Carl Icahn pick CHK? Do you see why NONE of the major investors is CHK are selling out?
It is not going take long for investors to see that Chesapeake is a $10 stock right now!
