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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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Natural Gas Vehicles Driven to Outpace Oil Back to Topics
REPLIES (newest first) Post a Reply
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jjjleblanc
Champion Author Rochester

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Message Posted: Mar 19, 2012 10:05:16 PM

Natural gas is a great alternative.
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RitaVespa
Champion Author Oregon

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Message Posted: Mar 19, 2012 9:31:52 PM

lets get the natural gas cars on the road!
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Night Owl
Champion Author Toronto

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Message Posted: Mar 19, 2012 8:26:13 PM

Both the U.S. and Canada should be using much more of the plentiful natural gas reserves they have.
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northeast2
Champion Author New York

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Message Posted: Mar 19, 2012 8:06:15 PM

"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.
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Bussman
Champion Author Dallas

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Message Posted: Mar 19, 2012 7:47:24 PM

Let's hope natural gas takes its place as a truly alternative fuel.
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E-Squirrel
Champion Author Orange County

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Message Posted: Mar 19, 2012 7:17:40 PM

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.
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SUNOIL
Champion Author Toledo

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Message Posted: Mar 19, 2012 6:32:37 PM

Go for it.
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chemist74
Champion Author Cleveland

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Message Posted: Mar 19, 2012 4:25:22 PM

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.
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truvoice1
Champion Author San Diego

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Message Posted: Mar 19, 2012 4:21:39 PM

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.
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des7902
Veteran Author Virginia

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Message Posted: Mar 19, 2012 4:04:58 PM

We need to build the infrastructure for this to be feasible, and that will take a little while unless Congress gets behind it.
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kkimes
Champion Author Illinois

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Message Posted: Mar 19, 2012 3:55:58 PM

Stop all Oil Companies subsidies and tax breaks now!
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amerk73
Champion Author Dallas

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Message Posted: Mar 19, 2012 3:50:50 PM

what will be next
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TerrySawchuk
All-Star Author British Columbia

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Message Posted: Mar 19, 2012 3:24:09 PM

Curious to see where this is going.
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hibsaw
Champion Author Mississippi

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Message Posted: Mar 19, 2012 3:09:44 PM

NG may be the way to go.
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tnfran
Champion Author Arizona

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Message Posted: Mar 19, 2012 2:14:42 PM

OK?
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batloverNM
Champion Author Albuquerque

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Message Posted: Mar 19, 2012 1:37:18 PM

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]
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Yooperheart
Champion Author Michigan

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Message Posted: Mar 19, 2012 1:33:43 PM

Then CNG will out pace fossil fuel. No end in sight.
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qwerty17
Champion Author New Jersey

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Message Posted: Mar 19, 2012 1:30:10 PM

go cng.
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MN1
Champion Author Twin Cities

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Message Posted: Mar 19, 2012 1:22:26 PM

ok
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AlgaeNOW
Champion Author Wyoming

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Message Posted: Mar 19, 2012 1:06:22 PM

ok
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md11capt
Champion Author Denver

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Message Posted: Mar 19, 2012 1:03:31 PM

Tell'em Boone...like you can tell'em anything.
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Point__man
Champion Author Raleigh

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Message Posted: Mar 19, 2012 12:41:36 PM

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 ;)
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kzrooster
Champion Author Kalamazoo

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Message Posted: Mar 19, 2012 12:39:14 PM

Interesting.
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doggod
Champion Author Anchorage

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Message Posted: Mar 19, 2012 12:29:11 PM

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.
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Gas_Eyes
Champion Author Dallas

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Message Posted: Mar 19, 2012 12:00:40 PM

Natural gas vs ethanol fight in congress. Any law maker should see that natural gas should be favored.
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