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Friday, November 11, 2011 8:47:04 AM
Still, natural gas is a fuel. Consumption of it would decrease with better car batteries. ;)
It will be interesting. I'm sure there are large natural gas reserves around the world. The US isn't the only place. Regions that may have to spend a lot to import natural gas may still benefit from the VRB.
The whole energy sector is really tough to sift through and sort out. I don't think there will be a clear 'winner' in this sector. That's why I'm glad our vanadium pentoxide can be converted to ferro vanadium if it must. It's a good backstop for our investment if the 'green' angle doesn't pan out. I'm beginning to think green demand will be there (and certainly increase the need for V), but it will be a big yawn.
Solar stinks and wind isn't all that hot, either. I expect car batteries to do well for us so long as vanadium remains an ingredient.
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