Is Driving a Natural Gas Powered Car a Good Deal?
Posted by Goody on 09/18/08 in Autos
Compressed Natural Gas or CNG is being promoted as an alternate, less costly transportation fuel for cars, trucks, and trains. Widespread acceptance of CNG depends on investments by natural gas suppliers and users. Internal combustion engines readily burn CNG delivering identical performance. Bi-fuel cars are sold and driven in Europe. Uncertainty about future pricing will slow its widespread acceptance.
US energy reserves in the form of natural gas are about 80% larger than its petroleum reserves. Future drilling will add modestly to either reserve with the likelihood that new natural gas reserves will be more significant.
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