"Utilities Turn From Coal to Gas, Raising Risk of Price Increase"
North American Natural Gas shortages might be here before Oil shortages, or worse - they might arrive simultaneously.
But coal is no longer the option many were led to believe.
There are tremendous opportunities in the offing, but the there are some very real economic disasters that will be visited upon us (Americans). Yes, we will be forced to "power down" over the coming decades. There will be winners and losers in the process, despite the probability that socialism creep will be the new political environment (more on that later).
I have no idea why the American Mainstream Media is so grossly misinforming the American People - but they truly are.
America has a SIGNIFICANT oil import crisis brewing, and there is simply not enough coal, natural gas, nuclear power, ethanol, gerbils on treadmills, political flatulence... to make up for the soon to be missing BTU's. Placing your hard earned assets into the companies and industries that are sure to get demolished in this environment is just plain silly. Use your common sense, and don't believe one word coming from Wall Street or CNBC.
Yours for a better post CNBC world,
Mentatt (at) yahoo (d0t) com
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