Posted on 12/14/2010 11:27:15 PM PST by rabscuttle385
You have a great day, rabs!
someone must have some very incriminating pictures of Gramnesty.
Yes, but the market was originally distorted in the other direction when then-President Jimmy Carter forbad the use of natural gas to supply electricity. Back then, there was thought to be an approaching shortage of natural gas.
Natural gas plants are WAY cheaper, more reliable, cleaner, and more efficient than coal plants (nat. gas plants can be "combined cycle" gas-turbine/steam turbine units....coal is limited to steam-turbines).
With horizontal drilling, we probably have as much or more future available supply in natural gas as with coal. And a great deal of that supply is located in the Northeast.
On a "pure market" basis, coal simply can't compete.
Note....I've got no problem with coal as an energy source, either for electricity generation or, via. liquefaction, for vehicle fuels. Just pointing out the facts of the matter.
Little Ice Age And Expanding Arctic Ice -Climate Forecasts Will Have To Be Thrown In The Dustbin
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