Originally Posted by
Ferd149
Zakaria: The game-changer in the geopolitics of energy – Global Public Square - CNN.com Blogs
My favorite part of the article:
We've become the world's lowest-cost producer of natural gas at a cost of $2 per thousand cubic feet; compare that with many European countries which have to pay seven times as much to Russia.
It's increasingly possible to use liquified natural gas as a substitute for oil as a transportation fuel, so the effects go beyond generating electricity. General Motors is planning to produce cars that can take natural gas or oil in their fuel tanks.
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I may actually see my dream of being to tell some overseas oil producing countries to take their oil and stick it where the sun don't shine
Ferd
That's my hope as well. Energy independence! It can be done, Brazil has done it.