Posts
NatGas Boom Finally Interests Detroit
Stephanie Ginter, Energy & Capital
As gasoline prices continue to climb, automotive manufacturers GM and Chrysler are transitioning to natural gas-fueled heavy duty pickups.Among the top U.S. compressed natural gas (CNG) companies, Clean Energy Fuels (NYSE: CLNE) supplies its customers with CNG equal to a gallon of gasoline for $2.59, while the current national average of gasoline is $3.79 a gallon. Americans haven't seen gas prices even close to $2.59 since late 2009.
As gasoline prices continue to climb, automotive manufacturers GM and Chrysler are transitioning to natural gas-fueled heavy duty pickups.Among the top U.S. compressed natural gas (CNG) companies, Clean Energy Fuels (NYSE: CLNE) supplies its customers with CNG equal to a gallon of gasoline for $2.59, while the current national average of gasoline is $3.79 a gallon. Americans haven't seen gas prices even close to $2.59 since late 2009.
No comments:
Post a Comment