China and India will continue to feed your oil stocks so fear not that they will go away because the United States wakes up. If you do any research you will see that the refineries are being closed down in the United States and built in China. The oil companies see what is happening and have adjusted or will adjust their business models accordingly.

This country has been a capitalistic country since 1776 and with the value proposition that natural gas poses, we are optimistic that this time we will see traction that we have not been able to maintain over the last 40 years. What has changed? Simple, the internet allows more consumer awareness and technology has improved. The only thing that could derail the alternative fuel movement is a complete abandonment by Washington, which does not appear to be the case or a drop in the price of oil back below $50 per barrel which seems remote by even the most conservative geologist and economist.

More likely we will continue to see a $75-80 trading range, which ironically enough is EXACTLY what OPEC indicated it wanted and $2.75-$3 gasoline prices. The next challenge is bringing down the infrastructure and conversion costs to make the $1.00-$1.50 per gallon savings cost justify the switch. We can do that two ways, government assistance to get the infrastructure built and volume to get the component prices down.

This is not rocket science. We have been preaching diversification for years in our stock portfolios, in our diet, why are we stuck on a single motor fuel.

I could go on but I think I have expressed my opinion sufficiently, let me know if you need more documentation to validate my claims.

I’m a 26 year veteran of the natural gas industry in Florida. My company is currently engaged in pursuing “Green Energy” initiatives with (CNG) fleet vehicle conversion as one of our many objectives. I do realize that the natural gas customer base in Florida is minimal compared to many other states however, I still struggle to understand why the local natural gas utilities fail to see the opportunity to grow through-put by spending capital funds in this area of the industry. I field several calls a month from people asking where they might be able to fill a CNG vehicle if they decide to purchase one. It pains me to inform them that their just isn’t a public fill station available in Central Florida. I’m excited that H.R. 1622 has passed, but I’m not convinced it will help us much in Florida.