Replies to post #89591 on Biotech Values

[DewDiligence]

[OT] The CNG article was first posted by 'go seek' in #msg-45827854.

[OakesCS]

[OT] Pickens Predicts CNG Bill Enacted by May 2010

whether or not a bill passes by May is not substantively important. Symbolically, maybe; however, there is no infrastructure to support widespread use of these vehicles. If the federal gov't wants to move this idea, then it would be more effective to merely create NG fueling facilities at federal sites and subsidize creation of the same for state and local gov't vehicle pools. I suspect Obama could do the first by fiat - no legislation necessary. Of course, manufacturing of NG vehicles is also necessary, but hey, the federal gov't/we own GM so I suppose putting that into gear should be easy.

personally, i'd be a happy camper if this proposal became law and NG vehicles became common but it really looks like nothing more than another shiny bauble for Nancy Pelosi to play with.

[go seek]

I do... NG legislation will be passed

1. it has widespread bipartisan support in the House and the Senate
2. the transition to unconventional gas finds is very real
3. i live in the Haynesville Shale area... and oversee NG production for many years as part of my job... the technology is now available to make unconventional gas finds profitable for all.
4. the technolgy is safe... the water concerns are the typical reaction of the far left.
5. note Exxon purchase of XTO Energy... this speaks volumes.
6. the lobbying efforts of NG firms has increased... bottomline the transition to NG makes good sense... cap and trade is not going to pass... This more moderate and sensible move towards NG will reduce greenhouse gases and create many new jobs.

[go seek]

New Executive Director of Sierra Club for natural gas

http://ecopolitology.org/2010/01/24/sierra-club-names-new-boat-rocking-executive-director/

was on Cramer last nite touting nat gas as a relatively clean transition fuel.