Natural gas vehicles stall on way to market

Article Abstract:

About 10 mil vehicles in the U.S. could be using natural gas as primary fuel by 2015. The transport sector would thus consume 1 trillion cubic feet of gas by that time. The Department of Energy (DOE) optimistically feels that natural gas is likely to emerge as the main alternative to gasoline in the transport sector. At present gas enjoys price advantage and lenient emission regulation over other alternatives. However, the emergence of gas as replacement to gasoline will depend on factors such as an increase in the price of oil, stable gas price and continuation of a favorable tax policy.

United States, Economic aspects, Forecasts and trends, Motor vehicles, Transportation policy

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Natural-gas vehicles: a clear preference

Article Abstract:

The United States should shift from oil to natural-gas in transport and other sectors if the dependence on foreign oil is to be reduced. The U.S. imports about 50% of its oil needs, and imports will reach to 70% by the year 2000. Natural gas is abundant enough in the U.S. to last beyond 2050. The U.S. can reduce the trade deficit by $11.4 annually if only 10% of the vehicles switch over to gas. As a transportation fuel, natural gas is being increasingly used in Russia, Argentina, Canada and New Zealand, which should be an inspiration for U.S.

Analysis, Usage, Transportation

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