Compressed Natural Gas: Key to American Energy Independence? [View article]
Dual fuel vehicles are nothing new in Argentina, where many privately owned vehicles run on gasoline or CNG.
The fly in the ointment with the rosy price savings forecasts if we redevelop the dual fuel vehicle is that Big Oil will jack up the price of CNG to about what gasoline is, or maybe even above it. See diesel fuel prices over the last 20 years if you don't believe it. Big Oil is never going to miss a trick.
Compressed Natural Gas: Key to American Energy Independence? [View article]
The fly in the ointment with the rosy price savings forecasts if we redevelop the dual fuel vehicle is that Big Oil will jack up the price of CNG to about what gasoline is, or maybe even above it. See diesel fuel prices over the last 20 years if you don't believe it. Big Oil is never going to miss a trick.