Legislation to Promote Natural Gas Vehicles

6 Comments on Legislation to Promote Natural Gas Vehicles

Jim Hayhurst - President at GPS, Inc. on Fri, 7th Aug 2009 11:40 am


Dan,

I’m a 26 year veteran of the natural gas industry in Florida. My company is currently engaged in pursuing “Green Energy” initiatives with (CNG) fleet vehicle conversion as one of our many objectives. I do realize that the natural gas customer base in Florida is minimal compared to many other states however, I still struggle to understand why the local natural gas utilities fail to see the opportunity to grow through-put by spending capital funds in this area of the industry. I field several calls a month from people asking where they might be able to fill a CNG vehicle if they decide to purchase one. It pains me to inform them that their just isn’t a public fill station available in Central Florida. I’m excited that H.R. 1622 has passed, but I’m not convinced it will help us much in Florida.

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HID Kit on Mon, 30th Nov 2009 12:50 am


Nice comment.I read and enjoyed.

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Silviu on Thu, 3rd Dec 2009 12:14 am


Logically, if natural gas will become so popular, wouldn’t other energy sources like gasoline suffer? If I was to be a millionaire in oil stocks was I interested to promote something cheaper and more efficient like natural gas?

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Jeff Greene on Sat, 5th Dec 2009 8:49 am


Would energy sources like gasoline suffer? Seriously. We import over 60% of the oil necessary to refine gasoline and diesel. We have been a net importer of oil for over 35 years if not longer. If you are a millionaire from oil company stock, diversify into the natural gas utilities and/or alternative fuel companies. If we can decrease our consumption of oil by diversifying to electric, CNG, propane, biofuels or any other technology that comes along we can create a sustainable fuel balance that is not as volatile as oil and domestic. We are spending $26 BILLION per month on imported oil. If we diversify to American supply, that is $15-20 Billion of revenue to American companies and a multiplier of that added to the tax base. Not to mention the environmental benefits, the national security benefits and the jobs benefits.

China and India will continue to feed your oil stocks so fear not that they will go away because the United States wakes up. If you do any research you will see that the refineries are being closed down in the United States and built in China. The oil companies see what is happening and have adjusted or will adjust their business models accordingly.

This country has been a capitalistic country since 1776 and with the value proposition that natural gas poses, we are optimistic that this time we will see traction that we have not been able to maintain over the last 40 years. What has changed? Simple, the internet allows more consumer awareness and technology has improved. The only thing that could derail the alternative fuel movement is a complete abandonment by Washington, which does not appear to be the case or a drop in the price of oil back below $50 per barrel which seems remote by even the most conservative geologist and economist.

More likely we will continue to see a $75-80 trading range, which ironically enough is EXACTLY what OPEC indicated it wanted and $2.75-$3 gasoline prices. The next challenge is bringing down the infrastructure and conversion costs to make the $1.00-$1.50 per gallon savings cost justify the switch. We can do that two ways, government assistance to get the infrastructure built and volume to get the component prices down.

This is not rocket science. We have been preaching diversification for years in our stock portfolios, in our diet, why are we stuck on a single motor fuel.

I could go on but I think I have expressed my opinion sufficiently, let me know if you need more documentation to validate my claims.

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Jim Hayhurst - President at GPS, Inc. on Sun, 6th Dec 2009 11:23 am


No, I suspect you wouldn’t be. However, this isn’t about you, or others like you. It’s about what’s good for our nation, and how to distance ourselves from our dependency of foreign oil. Gasoline and Diesel will always be here. We’re talking about growing the consumption of CNG from less than 5% currently, to less than 15% over the next 20 years. That’s not going to hurt your business model or your pocket. It will take at least that long for the natural gas utilities to install the infrastructure needed to satisfy such a demand.

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anthony aantjes on Sat, 26th Dec 2009 9:15 am


i was looking into buying six new work trucks for my company, with having a good gas well on my farm i was wandering if there were any goverment grants to help me with this perchase to convert these new trucks to nateral gas powered

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