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Natural Gas Vehicles Driven to Outpace Oil

Forbes -- Call it the battle between brothers and barons: oil and natural gas, or the Koch Brothers versus Boone Pickens. Big Oil has won Round One but the supporters of a now-defeated bill to give alternatively-fueled vehicles a leg up are driven to outpace the petroleum-based competition.

At issue is legislation that would attempt to ease the demand for foreign sources of oil by giving tax incentives worth $3.4 billion to $5 billion to those long haul trucks that convert from the traditional combustion engine to those that would run on natural gas. Making that switch comes with a cost — but one that is too high for conservative groups who say that these matters are best left to the free market.

“The tax code is riddled with subsidies that distort the market and allow the heavy hand of government

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Submitted Mar 19, 2012 By: Gas_Eyes

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jjjleblanc Champion Author Rochester Posts:6,000 Points:1,545,570 Joined:Jun 2008	Message Posted: Mar 19, 2012 10:05:16 PM Ignore jjjleblanc Report Abuse Natural gas is a great alternative.
RitaVespa Champion Author Oregon Posts:3,109 Points:819,820 Joined:Jan 2011	Message Posted: Mar 19, 2012 9:31:52 PM Ignore RitaVespa Report Abuse lets get the natural gas cars on the road!
Night Owl Champion Author Toronto Posts:7,690 Points:1,814,900 Joined:Jul 2004	Message Posted: Mar 19, 2012 8:26:13 PM Ignore Night Owl Report Abuse Both the U.S. and Canada should be using much more of the plentiful natural gas reserves they have.
northeast2 Champion Author New York Posts:3,849 Points:1,007,200 Joined:Mar 2008	Message Posted: Mar 19, 2012 8:06:15 PM Ignore northeast2 Report Abuse "To sway those heavy industries, NAT GAS Act supporters say that they would disallow the use of natural gas drilled here to be sold outside the country. Such a move, however, would draw the wrath of energy producers that have large investments here in liquefied natural gas (LNG) plants — facilities that are underutilized now because of the shale gas boom. LNG is unlikely to be targeted for use by domestic long haul trucks years from now when it could head immediately to global power markets." When are the "Drill, baby, drill" and Keystone XL crowds going to understand that fossil fuel products like oil and natural gas are sold on international exchanges to the highest bidder? It AIN'T going to stay here! Unlike electricity produced by windmills and solar.
Bussman Champion Author Dallas Posts:5,668 Points:1,386,910 Joined:Nov 2008	Message Posted: Mar 19, 2012 7:47:24 PM Ignore Bussman Report Abuse Let's hope natural gas takes its place as a truly alternative fuel.
E-Squirrel Champion Author Orange County Posts:3,021 Points:823,240 Joined:Feb 2005	Message Posted: Mar 19, 2012 7:17:40 PM Ignore E-Squirrel Report Abuse From the article: 'To sway those heavy industries, NAT GAS Act supporters say that they would disallow the use of natural gas drilled here to be sold outside the country.' Real gall, bureaucrats who have never produced anything, telling somebody else who they can and can't sell too, when its not even theirs.
SUNOIL Champion Author Toledo Posts:5,380 Points:1,951,980 Joined:Jul 2007	Message Posted: Mar 19, 2012 6:32:37 PM Ignore SUNOIL Report Abuse Go for it.
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: Mar 19, 2012 4:25:22 PM Ignore chemist74 Report Abuse If natural gas fueling actually makes sense, it will not need tax incentives. If it is not a good idea, the incentives are a waste.
truvoice1 Champion Author San Diego Posts:1,403 Points:499,300 Joined:Feb 2011	Message Posted: Mar 19, 2012 4:21:39 PM Ignore truvoice1 Report Abuse Watch out! T Boone Pickens may prevail on this one; and it may not be a bad idea to have an alternative to diesel for the big rig 18 wheelers.
des7902 Veteran Author Virginia Posts:385 Points:212,240 Joined:May 2011	Message Posted: Mar 19, 2012 4:04:58 PM Ignore des7902 Report Abuse We need to build the infrastructure for this to be feasible, and that will take a little while unless Congress gets behind it.
kkimes Champion Author Illinois Posts:1,668 Points:1,530,920 Joined:Sep 2005	Message Posted: Mar 19, 2012 3:55:58 PM Ignore kkimes Report Abuse Stop all Oil Companies subsidies and tax breaks now!
amerk73 Champion Author Dallas Posts:7,190 Points:1,648,780 Joined:Oct 2008	Message Posted: Mar 19, 2012 3:50:50 PM Ignore amerk73 Report Abuse what will be next
TerrySawchuk All-Star Author British Columbia Posts:850 Points:305,395 Joined:Jun 2011	Message Posted: Mar 19, 2012 3:24:09 PM Ignore TerrySawchuk Report Abuse Curious to see where this is going.
hibsaw Champion Author Mississippi Posts:8,183 Points:1,709,665 Joined:Feb 2008	Message Posted: Mar 19, 2012 3:09:44 PM Ignore hibsaw Report Abuse NG may be the way to go.
tnfran Champion Author Arizona Posts:4,514 Points:868,260 Joined:Dec 2010	Message Posted: Mar 19, 2012 2:14:42 PM Ignore tnfran Report Abuse OK?
batloverNM Champion Author Albuquerque Posts:3,947 Points:1,394,800 Joined:Oct 2007	Message Posted: Mar 19, 2012 1:37:18 PM Ignore batloverNM Report Abuse CNG is a fossil fuel you dummy. We ought to be using our own natural gas rather than importing so much oil. [Edited by: batloverNM at 3/19/2012 1:38:33 PM EST]
Yooperheart Champion Author Michigan Posts:3,565 Points:554,725 Joined:Feb 2010	Message Posted: Mar 19, 2012 1:33:43 PM Ignore Yooperheart Report Abuse Then CNG will out pace fossil fuel. No end in sight.
qwerty17 Champion Author New Jersey Posts:3,760 Points:1,144,025 Joined:Oct 2009	Message Posted: Mar 19, 2012 1:30:10 PM Ignore qwerty17 Report Abuse go cng.
MN1 Champion Author Twin Cities Posts:3,494 Points:677,915 Joined:Jun 2011	Message Posted: Mar 19, 2012 1:22:26 PM Ignore MN1 Report Abuse ok
AlgaeNOW Champion Author Wyoming Posts:1,022 Points:314,080 Joined:Sep 2005	Message Posted: Mar 19, 2012 1:06:22 PM Ignore AlgaeNOW Report Abuse ok
md11capt Champion Author Denver Posts:3,558 Points:729,180 Joined:Mar 2011	Message Posted: Mar 19, 2012 1:03:31 PM Ignore md11capt Report Abuse Tell'em Boone...like you can tell'em anything.
Point__man Champion Author Raleigh Posts:4,477 Points:905,395 Joined:Oct 2010	Message Posted: Mar 19, 2012 12:41:36 PM Ignore Point__man Report Abuse wouldn't it be better to spend those dollars to create safe, efficient, affordable natural gas conversion systems for all types of vehicles and let the vehicle owners have them installed at their own costs ;)
kzrooster Champion Author Kalamazoo Posts:2,520 Points:544,225 Joined:Nov 2011	Message Posted: Mar 19, 2012 12:39:14 PM Ignore kzrooster Report Abuse Interesting.
doggod Champion Author Anchorage Posts:2,983 Points:768,085 Joined:May 2009	Message Posted: Mar 19, 2012 12:29:11 PM Ignore doggod Report Abuse Oh, here we go. Give away more taxpayer money to support this or that politically favored industry. If natgas is a good deal, it won't need subsidies ... especially if the politicians stop giving away taxpayer money to the oil industry. But like that's gonna happen, right? No, politicians don't find success by not giving away Other People's Money, so onward we go. Until you decide you've had enough and stop them.
Gas_Eyes Champion Author Dallas Posts:2,817 Points:672,560 Joined:Mar 2011	Message Posted: Mar 19, 2012 12:00:40 PM Ignore Gas_Eyes Report Abuse Natural gas vs ethanol fight in congress. Any law maker should see that natural gas should be favored.