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Gold/Mining/Energy : Big Dog's Boom Boom Room

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Recommended by:
evestor
To: Dennis Roth who wrote (184818)7/7/2014 10:57:10 AM
From: Dennis Roth1 Recommendation   of 206085
 
Cheaper Fuels for the Light-Duty Fleet
Opportunities and Barriers
rff.org

Abstract
The shale gas revolution in the United States has dropped the price of natural gas (NG)
significantly. Combined with new fuel and vehicle technologies, an opportunity exists to expand the use
of NG throughout the economy, including in the light-duty fleet of cars and trucks. This expansion could
involve the direct combustion of the gas in the form of compressed natural gas or liquid petroleum gas or,
alternatively, the use of natural-gas-based liquid fuels such as ethanol or methanol. This paper examines
the potential economic, environmental, and national security gains from replacing a portion of the
domestic gasoline use in the light-duty fleet with these various NG-based fuels. Also examined are the
regulatory barriers to the expanded use of the fuels. We find that these NG-based fuels could yield
significant fuel cost savings relative to conventional gasoline in the light-duty fleet, along with gains to
national security and, possibly, some environmental benefits.
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