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The New DU. Reply #20: Good information, thanks.
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kristopher
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Sat Jul-30-11 08:38 AM
Response to Reply #19 |
| 20. Good information, thanks. |
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So 6mcf of natgas has about the same energy content at 1bbl of oi. And we pay $96 for the energy in a bbl of oil vs $24 for the same amount of energy in natural gas.
I didn't realize the disparity was that large; I've been so focused on renewables and nuclear that I failed to notice the amount of the price decline in natural gas.
That does speak directly to the promise of the OP, however I don't think we'll see any move to bring natgas into the personal transportation sector even so, since there are other criteria that make battery electric vehicles more desirable.
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