mrxlh
Oilfield Trash
I have been thinking about all the technology out there as far as energy independence from the middle east is concerned. The only one that excites me is CNG. (compressed natural gas) Ethanol and Bio Diesel need subsudies to compete head to head with their petroleum counterparts. Hydrogen fuel cells creates a logistical nightmare. Natural Gas is everywhere. Fueling stations could be installed at your house if you have gas service. Pipelines that have ben in service forever, are already in place. With the discoveries of the Fayette, Barnett, Marcelles, Haynseville, and Bossier shales, we have a ton of gas that is "found" but has no market for. Therefore depressing the price. When gasoline was $4+ a gallon and gas was at $9mcf, the equivilant would have been around $2.80 per gallon mark. Gas is now half of what it was then which would put it at the $1.60 mark right now. Sound good to anyone? There are systems that are true "dual fuel" meaning that the vehicle can run off of gasoline and or CNG without any input from the driver. All automatic.