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Encana Corporation Message Board

  • manylumen manylumen Oct 1, 2009 11:22 PM Flag

    new demand for nat gas

    With nat gas becoming so cheap (although temporary) and the discovery of more nat gas there seems to be a move toward more demand. I see in Ontario today trp is going to build a 1.2billion cdn hydro plant in souther ontario to be operational in 2013. So while the new demand will take time to come in its shows the trend. I would not be surprise to see a surge in nat gas cars like the honda nat gas car. I think most of the questions about cng cars have been answered, although i am not sure the safety of underground parking of cng cars has been fully addressed. Bottom line is long term is bullish for this cleaner fuel. added to this is the move away from coal which is what is spuring the Ont. decision. good luck to all.

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