World Oil Snapshot: Big Picture and Investable Advice
4:45 PM Posted by MH
To an oil man, natural gas should be flared off or farmed out. Yes, of course, gas is an important resource. Perhaps Michael Fitzsimmons is right, and we should subsidize retail distribution of compressed natural gas (CNG) to power bulldozers, airplanes, motorcycles and lawn mowers. If enough people get behind an idea, there's nothing to stop a government mandate, no matter how nutty. Synthetic jet fuel? Zero emission hydrogen-powered cars? Carbon sequestration? Oil from algae farms? Uh, okay. Whatever pipedream miracle you can sell a Congressman makes equal sense if your purpose is to loot the public purse and pocket a subsidy, like GM or AIG or C.
full article here http://seekingalpha.com/article/134162-world-oil-snapshot-big-picture-and-investable-advice
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