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1 posted on 03/15/2012 7:41:47 PM PDT by MinorityRepublican
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To: MinorityRepublican

Natural gas may be cheap right now, but pound for pound you can get an order of magnitude more energy from a pound of uranium than a pound of natural gas.


2 posted on 03/15/2012 7:48:25 PM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: MinorityRepublican

There is a future for both sources of energy.


3 posted on 03/15/2012 7:50:42 PM PDT by U-238
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To: MinorityRepublican

It’s all about the natgas act and spending our money foolishly.


4 posted on 03/15/2012 7:51:11 PM PDT by South Dakota (shut up and drill)
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To: MinorityRepublican

The problem is that cheap gas will also kill cheap gas.

Gas drilling rigs in operation have declined from something like 1600 several years ago to only 620 today. With record low gas prices, it makes more sense to drill for oil. Fracked wells also have much higher investment costs than regular gas wells and that can’t be justified with $2.3 mmbtu gas

Fracked gas is excellent, but nuclear is another obvious cheap, long-term option.


8 posted on 03/15/2012 7:59:02 PM PDT by PGR88
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To: MinorityRepublican
Typical American short-sightedness, not seeing past next quarter's results.

Facepalm.

9 posted on 03/15/2012 8:11:33 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: MinorityRepublican

These low NatGas prices are coming to an end in under 24 months. There is not enough exploration occuring to maintain this level of production:

http://www.foxbusiness.com/news/2012/03/13/anadarko-ceo-sees-natural-gas-price-rebound-after-2014/

“Published March 13, 2012

Dow Jones Newswires

THE WOODLANDS, Texas -(Dow Jones)- Anadarko Petroleum Corp. (APC) expects natural gas prices to rebound significantly from their current depressed status after 2014, Chief Executive Jim Hackett said Tuesday.”


11 posted on 03/15/2012 8:20:32 PM PDT by JerseyHighlander
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To: MinorityRepublican
Natural gas isn't "cheap" where I am. It's price is volatile and vulnerable to the market hiccupstoo.
Also, gallon per gallon, LPG has 30% less B.T.U.'s than fuel oil. (so basically, you do not save any money using it in lieu of fuel oil or gasoline).
15 posted on 03/15/2012 10:56:01 PM PDT by Minutemen ("It's a Religion of Peace")
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