The oil gas ratio hit a new record high December 27th with gas trading at $3.11/mmBtu and WTI going for $101.25/bbl yielding an energy ratio of 5.61. In simple terms this means gas is trading at the equivalent of $18.05/bbl crude. The market is starting to notice this rapid shift in natural gas economics. Back [...]
One of the companies I have followed for some time is Westport Innovations, Inc., (TSX:WPT) out of Vancouver. The technology and product suite allows large diesel trucks to run standard diesels on a 95% natural gas mix, enabling fuel switching as well as significantly improved NOx and PM, as well as CO2 emissions. The company’s [...]
