[OT] Gas companies report record profits (old energy thread)
Michael L Torrie
torriem at chem.byu.edu
Mon Jan 30 11:36:19 MST 2006
On Mon, 2006-01-30 at 11:01 -0700, Gary Dusbabek wrote:
> What makes them not related is the refinement process. Poorer
> countries rich in fossil fuel reserves (think: Africa) typically burn
> off the natural gas in their reserves because they lack the separate
> equipment and pipelines to get it to market.
This is correct. This is why the hurricanes shouldn't have affected
natural gas prices like they did, since most of the country's natural
gas comes from other places (refined in other places like Utah).
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