02-04-2012, 06:05 PM
I speculate that heco paying the higher priced Brent "benchmark" price rather than the Wall Street & US-centric WTI benchmark-
http://www.jeffrubinssmallerworld.com/20...il-prices/
Heco could switch to nat gas which is extremely cheap due to the fracking technology though i understand to ship it to Hawaii entail liquifying to -60 degrees and compressing it into thick-walled tanks and building out more infrastucture on the docks. Think of all the protests about how it's going to blow up the harbor plus where they going to get the other kind gas refined from oil to run the cars?
http://www.jeffrubinssmallerworld.com/20...il-prices/
Heco could switch to nat gas which is extremely cheap due to the fracking technology though i understand to ship it to Hawaii entail liquifying to -60 degrees and compressing it into thick-walled tanks and building out more infrastucture on the docks. Think of all the protests about how it's going to blow up the harbor plus where they going to get the other kind gas refined from oil to run the cars?