Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: CommanderCricket	12/3/2006 10:21:45 AM
	Read Replies (2) of 205812

Copied this from the iV CWEI thread. This ought to make a few bears take pause of their arguments. Now why in world would the UAE need to build coal plants with their huge NG reserves? Not only that, I don't believe the UAE has coal resources, so these are imports. Read - booming economy so there will be fewer exports of LNQ in the future. So much for global warming..... It may be full steam ahead for coal-fed power plants in UAE UAE may build coal-burning power plants for the first time to help meet rising demand for energy. Abu Dhabi: The UAE, holder of the world's fifth largest gas reserves, may build coal-burning power plants for the first time to help meet rising demand for energy spurred by a booming economy, a company official said. "Alternative sources of energy for power generation including coal are being discussed," Peter Barker-Homek, Chief Executive Officer of Abu Dhabi National Energy told Bloom-berg. Abu Dhabi is producing about 4.5 billion cubic feet of natural gas per day, of which 3.6 billion is for local consumption, mostly to generate energy, and 720 million cubic feet per day is exported in the form of Liquefied Natural Gas (LNG).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next