Posts Tagged ‘alternative energy’
Is $73/bbl Crude Oil the “tell” for rising Natural Gas prices?
Historically, crude oil trades around 8-10 times the price of natural gas…it’s trading at about 18 TIMES!!! If you believe crude oil is fairly priced at $73 bbl, and the multiple contracts, we could see 7.30 MCF on nat gas, which means a profit of about $31,000 per ONE contract of Natural Gas; if you’re willing to risk $5,000 this may be the next hot trade. Time will tell.
Duration : 0:8:43
Natural Gas Car Conversion
here’s an IMPCO Natural Gas Conversion system on a Chevy Impala. IMPCO converts cars to run on propane and natural gas. These converted cars can also run on gasoline, making them a bi-fuel vehicle. Since the alternative fuel infrastructure is not fully developed, idea is that the driver can use gasoline as a backup between NG/Propane fillups.
Duration : 0:1:54