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<p>[QUOTE=&quot;Ethan, post: 2012615, member: 68800&quot;]Well - Fracking is not quite what you think, if oil is $80 a barrel then it makes money, however if the Saudi&#039;s open the spickets ($10 to produce) an collapse the price of oil, then the Bakken doesn&#039;t look so good...I do think we have a trillion barrels but at today&#039;s costs, that is $75 barrels and that does not even count if the EPA wants to stop it......(see coal).</p><p><br /></p><p>LNG - well not exactly, you see we flare off 30% of the Bakken gas as there is no infrastructure to get the gas to market. I remember asking my dad about this in the 70&#039;s......too expensive so burn it off....</p><p><br /></p><p>Its overflowing alright. It is not winter...last year NatGas prices shut my place of work down, not $3 a therm but $50....not as plentiful as you think. The LNG terminals are so we can sell to Europe and Japan at $10 a therm...once that starts what do you think our price here will be? $4 a therm? Not gonna happen. Foloow the money.....</p><p><br /></p><p>Coal - cheap $25 MWhr to make....NatGas.....&gt;$50 MWhr. So when your electric bill triples because they got rid of coal and NatGas skyrockets then you will see...</p><p><br /></p><p><br /></p><p>PS.. I can still get a gallon of gasoline for a quarter.....can you with your stock? Yes, but what if a correction comes that we all hear about? The FED now has over 4 trillion in assets.....that is why the Dow is over 17k, not because the economy is growing. If a conservative 50% correction comes....then the party starts..</p><p><br /></p><p>When I tell people about it, I do it this way. For thousands of years a days wages for physical labor was conservatively about 1 Oz of silver. You could feed and take care of your family with that...</p><p><br /></p><p>That is $17 a day.....in dollars....think about it....[/QUOTE]</p><p><br /></p>

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