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Old 03-15-2008, 05:32 PM   #16 (permalink)
tjts1
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Quote:
Originally Posted by Big Dave View Post
US natural gas supplies are very tight. Currently gas sells on the NYMEX at about $9/DTh. I have seen it at $17 a couple times in the last couple years. If you added a huge new demand its price would be astronomical.

Natural gas for vehicular purposes competes against residential natural gas.
Market manipulation. Same with oil. If the gov announced that it would no longer add to the SPR, you would see the price of crude plummet over night. They wouldn't have to actually do it, just announce it.
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