just me, but with Iraq in chaos, possibly disrupting the 3rd largest exporter of oil in the world, won't this give even more reason to convert to nat gas? Even so, I don't think there will be any move up or down until wprt does there next conference call with 1st quarter sales of the new 12 liter engine. any informed thoughts?
I think it will cause problems, but it may take $5 gasoline to move the needle.
Short term, there will be no going back in Iraq. Westerners will be seen as the enemy for as far down the road as I can see.
$5 gasoline may spell real trouble for Democrats in 2016, and the resulting one-party government of Republicans may be able to push natural gas legislation through. But they will have to do it in such a manner so that it looks like a tax on big business.
$5 gasoline would spell trouble for whoever occupies the white house, but why would Republicans push Nat Gas legislation when they're in bed with Coal and Big Oil? The only thing Reps are going to push is the Keystone XL because they couldn't care less about clean air. All they care about are checks from their big donors with lots of zeros.