CNBC has Santelli doing pieces all day today on NG conversion for vehicles that can be fueled in your own garage. Sadly they will go nowhere until the politicians figure out how to tax them.
It isn't rocket science. Refueling stations for natural gas are few and far between. Tax them at the source as we do with traditional gasoline now. Home garage based refueling stations can easily be regulated just as natural gas lines are now-- by requiring a meter.
I believe the bigger issue which is far harder to overcome is politicians and powerful environmental extremist groups who do not want America to be energy independent because they are financed by OPEC interests.
I saw Santelli this morning—he did a great job. The company is CNG Interstate in Edmund, OK.
Joe Kernan on Squak Box showed he is a knuckle dragger, saying that we need to get rid of all hydrocarbon infrastructure. He sounded like an Obamanoid.
Kernan says solar and wind and other “renewables” (there is no such thing as “renewable energy”; once energy is used, it is gone)
Santelli was incredulous.
CNG for fleets of trucks, buses, even cars has much more promise than coal powered Volts, etc. Economies of scale would bring it down. And gas stations, which already have a highly flammable and volatile fuel can have tanks of CNG in the ground for refueling.
We have enough natural gas for another 120 years. We thought we were going to exhaust the supply by 1980.
And we haven’t even found it all yet.