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News Archive - November 2011

How To Profit From Natural Gas
November 30, 2011 - Americans aren't quick to embrace large-scale change, and the dependence on fossil fuels is no exception. Despite the attempts of the natural gas industry to position it as a cleaner, more efficient fuel, natural gas remains largely confined to household use. T. Boone Pickens made a fortune in the oil industry. In 2008, he launched an $82-million campaign to promote the Pickens Plan, an initiative to drastically reduce the United States' dependence on foreign oil. At the heart of this plan is the use of natural gas in trucks and buses, which would naturally lead to adoption in personal vehicles. The plan didn't immediately get attention, but in November, after repeated attempts to gain momentum in Washington, the NAT GAS Act of 2011 was introduced to Congress, with the intent of encouraging the use of natural gas in automobiles. This may be good news to the natural gas industry, as well as Pickens, but does the everyday consumer benefit? click here  >

Waste Management opens CNG station in Washington
November 23, 2011 - The opening ceremony was attended by state Sen. Tim Solobay, Sen. John Pippy and Chartiers Township Supervisor Harlan Shober. The new Clean N’ Green Fuel public fueling station, which will be operated by PetroCard, will offer CNG to commercial fleets as well as individuals with natural gas powered vehicles. According to Patch website, Waste Management of Western Pennsylvania has recently purchased 25 methane-driven collection trucks, while it expects to put on the road 40 NGVs by 2012. This amount of vehicles would represent half its Washington-based fleet and would serve Washington, Greene and Allegheny counties. click here  >

Gas price relief: New Honda cheaper to drive
November 10, 2011 - What if you could buy a car that costs $1 to $2 a gallon less than gasoline to refuel but drives almost exactly like a gasoline model? And what if that fuel was produced right here in the USA? If you like that idea, Honda hopes you may be ready for the 2012 Honda Civic Natural Gas. Starting in December, the natural gas model -- previously available in only four states -- will go on sale at 200 dealerships in all of the 36 states that have natural gas refueling stations. Refueling is, of course, the major challenge to owners of natural gas vehicles. Only about 1,000 stations nationwide currently offer natural gas refueling, according to Dr. Kathryn Clay, executive director of the Drive Natural Gas Initiative, who appeared at a Honda press event in New York City this week. (That compares with about 115,000 stations dispensing gasoline.) Her group, supported by natural gas producers and utilities, argues that the nation should capitalize on recent discoveries of huge shale-formation reserves of domestic natural gas by using it to power more cars. click here  >

 

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