The "Prophet" of $500 Oil and Utah's Failing CNG Infrastructure
It's been fascinating to watch the meteoric demand for natural gas here in Utah, where we are practically giving CNG away. The media coverage, though, has seemed peculiarly "un-enlightened." The KSL.com story sets out to explain why Utah's CNG fueling has become complicated due to high consumer demand and you can also hear from Questar to Utah state officials, as they all strike a "deer-in-the-headlights" tone. There is an email address where you can provide input. Maybe it's time we inundate them with solutions?
When the news starts evoking a regular twitchy feeling, it's always nice to know there are smart people out there like Matthew Simmons, who grew up in Davis County, Utah. He's now a Texas investment banker, life-long republican, (turned Obama supporter, ) noted author and a mountaintop shouter. He's warning us about peak oil. From taking on OPEC, Exxon, and the Saudis to rebuking most fuel replacement notions as a fantasy land, Simmons calls it the way he sees it. Fortune profiles the cheerful, high-profile friend of T. Boone Pickens as he explains why $500 oil is on the way.
Given what's happening in the current financial markets, it may be worth heeding Simmons' peak oil observation that "We don't have the ability actually to come to grips with a crisis until it's hit us in the face."
adapted & edited by lshuster from....the daily webblog of
Kimberly Taylor
Director of Education and Business Programs
Alternative Fuel Vehicle Institute
http://weblog.afvi.org/
When the news starts evoking a regular twitchy feeling, it's always nice to know there are smart people out there like Matthew Simmons, who grew up in Davis County, Utah. He's now a Texas investment banker, life-long republican, (turned Obama supporter, ) noted author and a mountaintop shouter. He's warning us about peak oil. From taking on OPEC, Exxon, and the Saudis to rebuking most fuel replacement notions as a fantasy land, Simmons calls it the way he sees it. Fortune profiles the cheerful, high-profile friend of T. Boone Pickens as he explains why $500 oil is on the way.
Given what's happening in the current financial markets, it may be worth heeding Simmons' peak oil observation that "We don't have the ability actually to come to grips with a crisis until it's hit us in the face."
adapted & edited by lshuster from....the daily webblog of
Kimberly Taylor
Director of Education and Business Programs
Alternative Fuel Vehicle Institute
http://weblog.afvi.org/
Tags: $500, &, boone, cng, matthew, o'keefe, oil, pickens, questar, simmons
Replies to This Discussion
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Permalink Reply by Dale Nelson on -
Is oil becoming more expensive or is the dollar getting cheaper.
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Permalink Reply by David on -
T. Boone Pickens is only self-serving! Instead of giving your money to oil companies, he wants you to give your money to HIM! He owns natural gas companies and most likely owns utility companies also. His plan is to raise the price of natural gas once all the cars are running on natural gas. He will just replace a $4 gasoline commodity with a future $4 natural gas commodity! His idea of alternative electricity is to keep paying utility companies for solar, wind, hydropower, etc. as the utility companies raise their fees!
What Americans need and want is to have solar panels on their own homes to provide for their own electricity without continuing to pay to utility companies!!! And Americans want electric cars and not continuing to pay others for the use of their cars!!!
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