Thursday, May 3, 2012

A Shift Toward Natural Gas not for tomorrow

Nouriel Roubini : "People are too optimistic about how fast the revolution in natural gas will happen," said Roubini. The infrastructure simply can't be built or rebuilt to make it feasible for cars, trucks and trains to use natural gas in the next 12 to 24 months. A more reasonable time horizon, he said, would be 20 to 30 years. - in CNN Money
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