Quote:
Grateful Citizen: The price differential between oil and natural gas is unsustainable.
Something has to give.
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I agree. The energy spread versus price spread is to great to justify same old same old. I realize there is a built in inertia in business and that initial changeover of fixed assets is high, but if you were able to reduce your fuel costs by 1/4 to a 1/3, especially when your competitors are still tooled up for gasoline versus NG, you would have a huge advantage at least in the short term and a leg up in the mid as you've worked the bugs out of the logistics.
Another website which looks at the trends in crude, natural gas, and natural gas liquids:
http://rbnenergy.com/methane-train-runnin-big-savings-from-lng-locomotives
Also, don't count out oils, or at least refined diesel yet. Sasol is building a gas to liquids plant in South Louisiana.
http://www.nytimes.com/2012/12/04/bu...ant-in-us.html