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Six reasons why natural gas is better investment than oil |
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| Jun 19, 2009 06:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Commodities, Oil  This post was written by Minyanville contributor Vitaliy Katsenelson,1. Reserves deplete faster than oil (in general). 2. Oil/natural gas ratio: the price of oil divided by the price of natural gas is at an all-time high (or close). This ratio stands at 17 (historically it has been at about an 8 or so). Natural gas prices will go, oil will decline, or both. 3. At $4 a gallon, it is uneconomical to develop and look for new oil reserves. 4. No OPEC competition. 5. Politically more favorable than coal. 6. After emission caps are implemented natural gas will become a cheaper alternative than politically and environmentally unfriendly coal. Six reasons why natural gas is better investment than oil originally appeared on BloggingStocks on Fri, 19 Jun 2009 13:40:00 EST. Please see our terms for use of feeds. Read | Permalink | Email this | Comments
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