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Procter & Gamble (PG) says it will convert up to 20% of its outsourced truck load shipments...

Procter & Gamble (PG) says it will convert up to 20% of its outsourced truck load shipments to natural gas vehicles within the next two years. Keep an eye on Cummins (CMI), Westport Innovation (WPI), and Navistar (NAV) off the news which bodes well for the sector.
Comments (6)
  • wigit5
    , contributor
    Comments (3974) | Send Message
     
    Converting trucks makes the most sense in my opinion, I wonder how far a trucker can drive on a full NG tank though... will they have to stop more to fill up?

     

    I wouldn't mind driving a NG Car either but I think if you start with just big rigs hauling you can slowly build out infrastructure and eventually cars will make sense too.
    27 Jun 2013, 08:42 AM Reply Like
  • Sanibel
    , contributor
    Comments (168) | Send Message
     
    "Mr. Pickens predicted that a majority of the nation’s long-haul truck fleet would be fueled by natural gas in seven years because 70 percent of the 18-wheelers operate in defined regional areas, and a natural gas truck can drive 600 miles on a single fill-up."

     

    http://nyti.ms/12sxAwb

     

    600 miles does not sound too bad, but I don't know how far diesel trucks can drive on a tank of fuel.
    27 Jun 2013, 09:26 AM Reply Like
  • mikey2006
    , contributor
    Comments (54) | Send Message
     
    I'm not sure how many gallons a tank of diesel holds but I believe the MPG is around 5 or 6.
    27 Jun 2013, 09:36 AM Reply Like
  • wigit5
    , contributor
    Comments (3974) | Send Message
     
    600 miles sounds pretty good, I can only go about 460 miles in my C350
    27 Jun 2013, 09:58 AM Reply Like
  • 1shadow1
    , contributor
    Comments (9) | Send Message
     
    Trucks may not go a far on nat gas. however it will get the driver out of his rig more often, and not stuck behind the wheel getting sleepy.
    clean air and safety can work together.
    27 Jun 2013, 12:24 PM Reply Like
  • AmherstAlpha
    , contributor
    Comments (2) | Send Message
     
    T. Boone Pickens' predictions are far, far too optimistic! Here are the realities:

     

    RL Polk reports that there were 5,079,000 heavy-duty (GVWs 7 & 8) trucks operating in the U.S. at 2012's year end, and only 247,500 of those were produced and sold as new trucks during 2012. RL Polk also reports that 4.9 million of those five million heavy-duty trucks are powered by diesel-fueled engines.

     

    Throughout 2012 Cummins-Westport and Westport Innovations collectively produced and sold only 7,197 NatGas engines, and only 393 of those were Westport Innovations’ 15 liter heavy-duty LNG fueled truck engines, while the rest were smaller displacement CNG fueled engine products of Cummins-Westport that are grossly unsuitable for heavy-duty trucking applications. Further GE, Research reports that there are now just 120,000 or so NatGas (all types: CNG, LNG, Propane, etc.) fueled vehicles (all types: autos, vans, buses, waste haulers, etc.) operating within our country.

     

    But for Mr. Pickens’ dream of the year 2020 to become a reality, i.e., that 70% of long-haul trucks will be equipped with NatGas engines, between now and then about 3.5 million new NatGas fueled engines and trucks (or about 500,000 each year) would have to be produced and sold. Why, that’s an annual new truck and engine production and sales volume that has never been approached, much less attained, by the entire North American truck manufacturing industry!
    27 Jun 2013, 01:01 PM Reply Like
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