Energtek Inc.’s (EGTK.PK) Absorbed Natural Gas Technology Adds to Natural Gas Advantages
QualityStocks (June 11th, 2009) Writes:
Oil prices surpassed $73 a barrel today, hinting that once again, summer travel will be hindered by rising gas prices. Natural gas advocates are the first to say “I told you so” as they continue to vie for the importance of alternative energy, not only for cost savings, but for environmental purposes as well.
One obvious benefit of natural gas over oil is cost. Natural gas is generally cheaper than oil and the price isn’t influenced by international voice, as they are determined regionally. Also, in its basic form, natural gas doesn’t need refining, eliminating the refining costs of crude oil in its conversion to motor fuel.
In the middle of a recession, every attempt to save money without sacrificing quality deserves recognition. Energtek Inc. (EGTK) is engaged in developing and commercializing Absorbed Natural Gas (ANG) technology, which allows for the storage of comparable gas
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