The Natural Gas Revolution Is Here
Jim Cramer, MSN Money
General Motors (GM 0.00%) gets it. It gets the moment. The company recognizes that natural gas is the way of the future because we have way too much of it and because diesel is super expensive and will get more expensive, given the price of Brent and the lack of refining capacity. Not only that, but GM has figured out that it doesn't matter how much the government subsidizes all electric cars, which are going to be losers -- and not just because of the technology problems of the Volt. Put simply, we have not developed a way to be able to make electric cars pay for...
General Motors (GM 0.00%) gets it. It gets the moment. The company recognizes that natural gas is the way of the future because we have way too much of it and because diesel is super expensive and will get more expensive, given the price of Brent and the lack of refining capacity. Not only that, but GM has figured out that it doesn't matter how much the government subsidizes all electric cars, which are going to be losers -- and not just because of the technology problems of the Volt. Put simply, we have not developed a way to be able to make electric cars pay for...
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