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Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Its Pouce Coupe Gas Plant, which is licensed to process up to 340 million cubic feet per day (MMcf/d) of natural gas, is located in the heart of the Corporation's Montney/Doig Resource Play.


TSX:BIR - Post by User

Post by Barkison May 13, 2022 8:24am
184 Views
Post# 34680742

Natural Gas Vehicles

Natural Gas VehiclesWould anyone here be able to shed some light on the amount of natural gas used for transportation in the US?

The EIA graph below says 4 BCF/month or around 50 BCF / Year

50 BCF cost around  $400M at $8 gas.

I am finding it hard to believe they can run all those natural gas city buses, trucks, cars ... for about $1M per day. ($400M per year)

https://www.eia.gov/dnav/ng/hist/n3025us2A.htm
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