“Natural Gas Is Picking Up Steam” – Sept. 26, 2009

The natural gas industry has many high dividend stocks among its members, but it also has some newer companies that may cash in on the rising tide of this abundant domestic fuel source.

An increasing amount of corporate and municipal fleet operators are beginning to convert their vehicles to natural gas, as the economic impact of much lower natural gas costs vs. petroleum costs begins to gather momentum.

We’ve noted previously that natural gas is on its way to becoming an extremely abundant energy source in the U.S., and now, it seems that, in the normal movement toward the cheapest resources, businesses are jumping on the bandwagon.

The Wall St. Journal reported this week, that AT&T is converting…

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2 Responses to ““Natural Gas Is Picking Up Steam” – Sept. 26, 2009”

  1. Domingo Pol says:

    What I wanna know is what will happen when we run out of coal.. what is the best alternative as things stand and is that a renewable source of energy?

  2. It’s estimated that with the combination of the new Shale field discoveries and the noe horizontal fracting drilling technique, the U.S. now has a minimum of 100 years’ supply of natural gas, which is, hands down, a much cleaner energy source than coal. In addition, some big utilities, such as FPL in Florida, are now erecting new hybrid utility plants, that use nat. gas in tandem with alternative energy sources, such as solar, thereby bringing down the cost of solar.

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