Natural gas is being taken more seriously as a transportation fuel by U.S. fleet operators and trucking companies, but its scarce availability is standing in the way of widespread adoption by the general public, industry experts said recently.
Despite the clear price advantage enjoyed by the relatively few car and truck drivers that use natural gas, it won’t become a significant source of transportation fuel until there’s a network of publicly available natural gas filling stations comparable to that for gasoline, or until home refueling is a viable option for most consumers, the experts said. Keep reading →
A picture of the GE natural gas fueling station.
Efforts to find a use for America’s glut of shale gas got a boost on Wednesday when Chesapeake Energy announced an agreement with GE to increase the availability of compressed and liquid natural gas as a transportation fuel. Keep reading →
Chesapeake Energy has stepped up plans to produce more oil and natural gas liquids while cutting dry-gas output against the background of decade-low natural gas prices.
The second-largest U.S. natural gas producer said in a presentation on its fourth-quarter and full-year 2011 earnings that some 60% of its revenue would come from oil and NGLs in 2012, up from roughly 50% anticipated by the company just a month earlier. Keep reading →
A cab driver fuels up his CNG taxi on February 8, 2012 in San Francisco, California. San Francisco city officials announced today that 92 percent of San Francisco’s taxi fleet is comprised of hybrid or CNG vehicles
Chesapeake Energy has agreed to work with technology firm 3M to produce and market compressed natural gas tanks for the US transportation sector. Keep reading →