InvestorsHub Logo
Followers 38
Posts 5652
Boards Moderated 0
Alias Born 11/09/2003

Re: wow_happens28 post# 2961

Wednesday, 06/22/2011 7:52:59 PM

Wednesday, June 22, 2011 7:52:59 PM

Post# of 29408
Thanks for the video link, 8th.

I have to say that I found Schork's argument bizarrely self-contradictory. He claims that natural gas prices won't go higher, because (1) there is such an abundant supply of it and (2) because the environmentalists oppose its use (always the bogeymen of the energy people) and (3) because there is inadequate infrastructure for it. Ok, makes sense. Then, he goes on to say that the nuclear energy option is off the table, because of the tragedy in Japan, and we now have to depend on dirtier and more expensive forms of energy. Uh, duh. If we're going to be forced to depend on dirtier and more expensive sources of energy, doesn't it then follow that that natural gas is a viable alternative, even if it means a greater investment in the infrastructure build-out?

I'm not saying that Schork is necessarily wrong, but his arguments need to be subjected to more critical scrutiny.


Bladerunner

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.