Will Natural Gas Fuel the Future?



Speakers: Ralph Eads III, Vice Chairman, Jefferies LLC Rick Grafton, CEO and Chief Investment Officer, Grafton Asset Management Yossie Hollander, Chairman, Fuel Freedom Foundation Shaia Hosseinzadeh, Principal, WL Ross & Co. LLC Nathaniel Keohane, Vice President, International Climate Program, Environmental Defense Fund Moderator: Brian Sullivan, Anchor, CNBC To many, natural gas is the solution to the intermittent energy crises the U.S. has dealt with for decades. Domestic supplies have swelled, largely a result of shale discoveries accessed by fracking, a controversial technique. Partly as a consequence, prices have fallen dramatically since 2008 and companies are trying to figure out how to take advantage of it. But opponents of fracking remain active, and natural gas, though cleaner than coal for use in electric plants, is still a fossil fuel that emits climate-changing carbon dioxide. In addition, although natural gas could power cars and trucks, that would require infrastructure building and changes in vehicle manufacturing. Another challenge: Prices are so low, they don't cover the cost of extraction. Will natural gas fuel our future? If so, how?

Comments

  1. We will have to someday go to hydrogen not doing this cause it's made from water and the profit margin is not there .
  2. 7:27 - Hey moron, how profitable is it for any company to have an accident like a well blow out?...LEARN ECONOMICS!
  3. Watch at 32 :00....My family spends $850 a month on gasoline,the guy with the foreign accent is right..That is why we/my family, dont buy new cars because we are spending the $ it on fuel....Math is simple...Which is more important 82% or 18%,math is simple...
  4. now
  5. get rid of gas


Additional Information:

Visibility: 9611

Duration: 59m 37s

Rating: 28