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Re: crude-dude post# 34618

Sunday, 05/29/2011 10:12:43 PM

Sunday, May 29, 2011 10:12:43 PM

Post# of 45174
Crud..I think oil price will be between $70 to $100 now on.It will be while before we replace oil with something else.Next is NG but in USA it will take long time to have the cars on NG.Because it cost about two million to install a NG filling station.We will be interested to NG driven car when we have filling station every corner.NG filling station still on primary stage.NG filling station equipment need to improve so the cars or trucks can run 3 to 5 hundred miles in one filling instead 100 to 130 miles per fillup.And those comprssor need to be cheaper.Asian countries has huge demand of NG.Those countries are importing compressed NG cylinder.China is one of the big importer.Those cylinders are mainly used for house hold use only.Oil will be with us long time. you and I might not see in our life time any alternate energy.All we hope is our BDGR can improve production on Oil and Gas.