Jack raises some interesting points about the low natural gas prices making subsidies unnecessary. I agree, however, the Natural Gas Act may serve to give impetus to the automotive industry (espeically Govt Motors) to produce vehicles equiped for dual-fuel service (both a gasoline tank and a pressure vessel for natural gas. The bulk of the engine requires no change, though the computer chips need to be burned to accomodate different A/F ratios. Easy stuff.
Then perhaps a push to get more natural gas stations.
CHK has been putting a great deal of money into natural gas fueling stations. More of this private investment is needed.
Ultimately the more natural gas we use in place of foreign oil, the more money stays in the US and sloshes around in our economy.
Excellent points. Consumers equipped with a cng car could save 50% of their fuel costs. Not only more consumer economic *demand* but a technology cycle for auto manufactures. While cars are now a smaller % of our economy it still pulls broadly across the economy to generate growth. Clean Fuel is going ahead with their truck stop fueling stations at almost a reckless pace. If we do not allow Americans to benefit from our vast natural gas it will be exported and other peoples will benefit from our willful mean spirited childishness. My goodness $100 American oil today and we have solution but noooo?
Who could be fooled by all the Prgoressive nonsense today?