SMRs and AMRs

Friday, April 25, 2008

Paying too much at the pump? Try 63.8 cents per gallon

natural gas carNatural-gas vehicles hot in Utah, where the fuel is cheap

By PAUL FOY, AP Business Writer, Apr 25, 2008

Troy Anderson was at the gas pump and couldn't have been happier, filling up at a rate of $5 per tank.

Anderson was paying 63.8 cents per gallon equivalent for compressed natural gas [CNG], making Utah a hot market for vehicles that run on the fuel.

It's the country's cheapest rate for compressed gas, according to the Natural Gas Vehicle Coalition, and far less than the $3.56 national average price for a gallon of gasoline.

"I'm totally celebrating," crowed Anderson, a 44-year-old social worker, who picked up a used Honda Civic GX two months ago. "This is the greatest thing. I can't believe more people aren't talking about it. This is practically free."

Personal ownership of natural gas-fueled vehicles in Utah soared from practically nothing a few years ago to an estimated 5,000 vehicles today, overwhelming a growing refueling network, where compressors sometimes can't maintain enough pressure to fill tanks completely for every customer.

(More here. To locate a CNG station near you, and the price for CNG, go to CNG Prices.com. To learn more about CNG, go to CNG Chat.com.)

Labels: , ,

0 Comments:

Post a Comment

<< Home