SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Natural Gas -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (24)11/6/2009 8:43:47 PM
From: Condo  Respond to of 40
 
Natural gas should be the vehicle fuel of the immediate future
By Sen. Mark Udall and T. Boone Pickens
Friday, November 06, 2009

(excerpt)
One bill making its way through the Senate and the House is the NAT GAS (S.1408) Act, which will help provide tax incentives to change cars and trucks running on imported gasoline and diesel to natural gas.

With recent improvements in the techniques and technology to recover natural gas from the enormous shale deposits under the continental United States, studies indicate we could have natural gas deposits that would last for more than 100 years. This is a sea-change from what we thought our natural gas reserves were prior to being able to utilize these so-called “shale plays.”

Going to domestic natural gas as a principal transportation fuel will also have significant, if not almost immediate, impacts on the U.S. economy. Along with jobs being created in other alternative energy areas, we can produce and/or save thousands of jobs in the supply chain of natural gas vehicles, from the well-head to the manufacturing floor and from sales and distribution to fueling and maintenance.

Seventy percent of the oil we import is used as transportation fuel. We can’t run 18-wheelers on batteries and, while we can and should do more with renewable energy sources like wind and solar, putting fuel in the gas tank is a special challenge. There are over 10 million natural gas vehicles in the world, but only about 130,000 in the United States. Natural gas can be used in virtually any vehicle running on our streets and highways.

gjsentinel.com