Posted on 02/21/2008 3:05:52 AM PST by shove_it
When T. Boone Pickens speaks about energy, the world listens. And while Pickens made his mark in running Mesa Petroleum for four decades, he’s now betting heavily that other energy sources will play an even more vital role in quenching that thirst for fuel.
Billionaire oil baron Pickens was co-founder in 1996 of Clean Energy Fuels Corp. (Nasdaq: CLNE), a Seal Beach, Calif.-based company that has become the largest provider of vehicular natural gas in North America. It has a dominant footprint in meeting the demand for both liquefied natural gas [LNG] and compressed natural gas [CNG] for vehicles, and has 174 fueling stations in 10 states, two Canadian provinces and in Peru. [...]
Southern California is a hotbed of LNG and CNG development, right in Clean Energy Fuels’ backyard. The ports of Los Angeles and Long Beach, long a source of the region’s air pollution, are banning many diesel vehicles, and many of the new ones burn LNG.
Last fall, Clean Energy Fuels announced construction of an LNG plant in the Mojave Desert, California’s first large-scale production facility. When shipments begin in the second half of this year, initial production is expected to be 160,000 gallons of LNG a day, about two-thirds of its potential maximum capacity...
(Excerpt) Read more at seekingalpha.com ...
PING!
Forget the whole Ethanol mess, the real alternative fuel are these gaseous ones.
Huge reduction in emissions, high octane and works every well with direct injection ans turbo's for downsizing.
For cars forget Diesels, compared to the gaseous fuels.
You can get filling stations for your home, Imagine a Chevy Volt that runs of CNG/LPG off the "Refinery Bottleneck".
If we had the cohones,and had more nuke plants and got rid of the gas fired plants the supply would go up dramatically.
Price point right now is about a dollar cheaper.
The real alternative fuel are these gaseous ones.
Watch these folks and their Injectors that can either be dedicated to gaseous or a version for dual fuels http://www.flexdi.com/
Direct Injected 2 stroke that will run on Gaseous fuels is coming.
Think about that, a scooter, with the potential of over 100mpg who's fuel is a approx $1 gallon cheaper.
>>”T Boon is right.”<<
Amen bro. When T Boone speaks, I listen.
A month ago propane was going for $2.80 if you didn’t buy it last summer and was supposed to go up more.
I put in a heat pump and cut my gas consumption about half so far. I’m thinking about all electric now.
A new natural gas electric generating plant a few miles from here has not gone online because of natural gas prices.
Thanks for the ping. Looks really good.
The use of natural gas as a motor fuel is only getting some traction because LNG has become a feasible alternative to “traditional” natural gas. The old natural gas concept (basically using the same fuel to power a fleet of vehicles that you use to heat your home) was fatally flawed because it left the user entirely at the mercy of the local public utility. There was a perfect example of the downside of this in New Jersey a few years ago — when the local utility made a slight change in its natural gas mixture, and New Jersey Transit ended up with a group of CNG-powered buses that immediately became obsolete because the new mixture burned too hot and destroyed the engines.
UPDATE:
“Port of Long Beach Approves Plan to Replace No Less Than 50 Percent of Aging Diesel Trucks with Alternative-Fueled Models
Thursday February 21, 8:15 am ET
Clean Energy Renews Commitment to Supply Fuel for Thousands of New ‘Green’ Liquefied Natural Gas (LNG) Trucks Slated for Port Service ...”
LINK: http://biz.yahoo.com/bw/080221/20080221005291.html?.v=1
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.