Gump Posted October 18, 2010 Report Share Posted October 18, 2010 This is why gas and oil exploration companies are pushing to hard to aquire leases and hold the land. Once they get the infastructure in place to deliver the gas it's on.Gas will go high, buy stock early. Quote Link to comment Share on other sites More sharing options...
jporter12 Posted October 18, 2010 Report Share Posted October 18, 2010 Moar fear! Quote Link to comment Share on other sites More sharing options...
kawi kid Posted October 18, 2010 Report Share Posted October 18, 2010 aep just put up a new plant up in dresden. i actually think its still under construction. Quote Link to comment Share on other sites More sharing options...
Gump Posted October 18, 2010 Author Report Share Posted October 18, 2010 Moar fear! This will take years if not a decade to phase out the coal. Quote Link to comment Share on other sites More sharing options...
jporter12 Posted October 18, 2010 Report Share Posted October 18, 2010 This will take years if not a decade to phase out the coal.How about the coal to oil/gas technology? Have you heard anything about that lately? Quote Link to comment Share on other sites More sharing options...
Gump Posted October 18, 2010 Author Report Share Posted October 18, 2010 How about the coal to oil/gas technology? Have you heard anything about that lately?Coal gasification....nope Quote Link to comment Share on other sites More sharing options...
obesityrules Posted October 18, 2010 Report Share Posted October 18, 2010 moar fear http://www.youtube.com/watch?v=dZe1AeH0Qz8 Quote Link to comment Share on other sites More sharing options...
max power Posted October 18, 2010 Report Share Posted October 18, 2010 moar fear Wow, that's interesting. Quote Link to comment Share on other sites More sharing options...
marlboro man Posted October 18, 2010 Report Share Posted October 18, 2010 hold leases & dont just sell to big wal-mart like oil co & give it to a local . cuzz down the road thay will jack price's so where all ass fucked Quote Link to comment Share on other sites More sharing options...
Bad324 Posted October 18, 2010 Report Share Posted October 18, 2010 This is why gas and oil exploration companies are pushing to hard to aquire leases and hold the land. Once they get the infastructure in place to deliver the gas it's on.Gas will go high, buy stock early.The infrastructure is about 60% in for our region and yes the conversions are part of the reason for the push in acquiring land leases. However, if you look at the numbers drilling and exploration of wells is down about 48% IIRC over the last 3 years. Why you ask...well because of the possibility of the whole cap and trade push that will absolutely kill the Oil & Gas Industry.The gas futures are about as stable as ever and I highly doubt there will be a huge spike in prices anytime soon. If anything, we are pretty lucky in where we live because we have the largest fairly untapped natural gas formation in SE Ohio, W. PA and S. New York. We have been doing a lot of work laying the infrastructure and down in WV we did a lot of the pipeline conversion and tie-in's for the plant they did down in Parkersburg I'm pretty sure. Natural gas is absolutely the way to go in my mind as its cheap and efficient and from everything I've learned isn't as volatile in price as gasoline as demand changes Quote Link to comment Share on other sites More sharing options...
Disclaimer Posted October 18, 2010 Report Share Posted October 18, 2010 I'll call this the "T Boone Pickens" Thread. Quote Link to comment Share on other sites More sharing options...
Big Chief201 Posted October 18, 2010 Report Share Posted October 18, 2010 Gas usage for producing electricity is highly inefficient they only use those types when peak usage like 90+ degree days. Most of the time they can buy it on the grid at a cheaper rate than running their gas powered plant. Quote Link to comment Share on other sites More sharing options...
obesityrules Posted October 18, 2010 Report Share Posted October 18, 2010 interesting read on fracking with replies from both sides http://energy.nationaljournal.com/2010/09/natural-gas-a-fracking-mess.php Quote Link to comment Share on other sites More sharing options...
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