Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on May 12, 2014

Bookmark and Share

20%-50% Saved Running Trucks on Natural Gas

Westport Innovations CEO David Demers discusses the U.S. natural gas industry and fracking on Bloomberg Television’s “In The Loo

Bloomberg



23 Comments on "20%-50% Saved Running Trucks on Natural Gas"

  1. Plantagenet on Mon, 12th May 2014 1:30 pm 

    Switching to NG makes sense as gasoline prices continue to rise

  2. baldwincng on Mon, 12th May 2014 1:42 pm 

    It’s inevitable that trucks will run on gas by 2030, CNG, LNG, Biomethane

  3. rockman on Mon, 12th May 2014 2:57 pm 

    I’m sorry but I won’t waste time listening to a report that highlights US NG exports when we only produce 93% of what we consume and import the balance. I’m sure we expand the use of fleet CNG. Private cars? Nothing significant until the hundreds of $billions (if not $trillion+) are spent on that distribution infrastructure expense. And for Dog’s sake can they stop using current NG prices to justify the switch? If we replace much of our gasoline consumption with CNG can one honestly expect prices to stay anywhere close to what they are now? And that’s just the price angle…what about supply? There’s already some concern about the heavily drawn down NG storage system perhaps having difficulty restocking to meet next winter’s demand. What if we had 40 million CNG vehicles running next winter: do we let those folks drive to work while some homeowners freeze?

    The US has no excess NG today. In the future? Maybe…maybe not. I guess we could always have the power plants switch back to coal and free up the NG supply. LOL.

  4. Northwest Resident on Mon, 12th May 2014 3:40 pm 

    rockman — How many times have we seen this type of article just in the last several months, where they are pumping the false premise of American NG exports and converting industry/transportation to run on NG? Far too many times.

    Which leads me to always wonder, WTF do they keep blasting out this false information?

    We can assume that they are stupid, and we’d be correct in a few cases no doubt.

    But seeing all the other totally false articles that are laying the propaganda on thick, promoting the vision of a world forever supplied with ample fossil fuels, I begin to suspect that the “NG angle” is just a part of that propaganda campaign.

    From my point of view, TPTB are making a fully committed and sophisticated effort to fool as many of the people as often as they possibly can, with the goal being to keep them in the dark as to just how dire our situation is becoming in regards to depleting oil/NG supplies.

    Again I make this point: Lying to the masses full time, non-stop, is NOT a long-term strategy. It is a short term strategy, closely aligned with shale play production. And one of these days that short-term strategy will have run its course. And then…? That’s the question, isn’t it?

  5. rockman on Mon, 12th May 2014 4:09 pm 

    “And then…?” And then it ain’t our freaking problem…we’ve cashed out and gone away. LOL. Sorry if that hurts anyone’s feeling. But I’ve said it before (and pissed a few folks): the oil patch ain’t your momma. Society’s problems are just that…their problems. Folks want some sympathy they should go cry on their Uncle San’s sleeve. There’s never been anything in the charter of any company I’ve worked for that made us responsible for society needs. We’re a business just like every other US industry. The government makes the rules and policies and we follow them. If the public doesn’t like how that’s going they need to elect different politicians to change the game. The oil patch will follow those new rules as it has done since the beginning of the oil industry. For instance if folks don’t want US refinery products exported just elect politicians that will ban it. Only fair since it would be the same folks that would have to deal with a significant loss of US refining capacity.

    Don’t ask the oil patch to save you. That’s not our job. Go ask your momma. LOL.

  6. Davy, Hermann, MO on Mon, 12th May 2014 4:32 pm 

    Amen Rock!

  7. Northwest Resident on Mon, 12th May 2014 4:34 pm 

    Gonna be a lot of momma’s with a lot of kids running home to cry. Probably gonna need to do a few diaper changes too!

  8. Boat on Mon, 12th May 2014 4:40 pm 

    NR,
    Why do you care if nat gas has a short run or not. If nat gas is cheaper it will grow until it is not cheaper. Period, end of story. There is no master plan except make money.

    There are billions being spent on developing nat gas machinery so there is an equally big bet there is a lot of nat gas.

  9. Boat on Mon, 12th May 2014 4:45 pm 

    NR,
    Why do you care if nat gas has a short run or not. If nat gas is cheaper it will grow until it is not cheaper. Period, end of story. There is no master plan except make money.

    There are billions being spent on developing nat gas machinery so there is an equally big bet there is a lot of nat gas in N America. Follow the price.

  10. Northwest Resident on Mon, 12th May 2014 4:57 pm 

    Boat, no doubt, there is a lot of NG. Way more than we’ll ever be able to extract or use.

    I have read substantially about NG. I won’t try to position myself as an expert on the subject, but let’s just say that from my point of view we have about as much chance of converting our transportation and industry to run on NG as we do of converting to nuclear fusion — i.e., no chance whatsoever.

    That is impressive that a relatively tiny percent of the one billion vehicles in the world run on NG — nice experiment. But converting to NG would take many years and trillions of dollars of investment.

    In today’s economy, with all world governments already many trillions in debt, with unemployment skyrocketing, with Sears and JC Penny’s closing mall stores by the dozens and with the economy contracting, where do you suppose we would get the money to invest in NG development?

    Where will we get the standard crude oil to build and run all the vast amount of factories and machinery required to produce all the new NG cars or converter kits, not to mention all the infrastructure to support NG vehicles worldwide.

    NG is not the answer. There are no answers, Boat. As a civilization, we are flat ass OUT OF GAS RUNNING ON FUMES.

    If you want to fall for the NG hopium, you’ll find a big crowd of others who haven’t thought it all the way through to hang out with. Nony, our resident NG true believer, will be there to greet you.

  11. bob on Tue, 13th May 2014 12:03 am 

    hard to say we are all working on conjecture here….I just heard of another asshole building a house with 15 bathrooms…does that make me angry hell yes it does…does that make me want to see prices skyrocket so that guy has to pay the last of his wealth to heat it…yes…but it also makes me myopic and not able to see anything else in my anger at the gluttony.

  12. Beery on Tue, 13th May 2014 3:15 am 

    “…I begin to suspect that the “NG angle” is just a part of that propaganda campaign.”

    My version of Hanlon’s Razor: Never attribute to malice the stupidity that arises from a desperate unwillingness to face disturbing facts.

  13. Davy, Hermann, MO on Tue, 13th May 2014 6:12 am 

    “Hanlon’s Razor” Beer, I think this is why I love this board so much. You guys give me so many terms and ideas to salivate over!!!

  14. Kenz300 on Tue, 13th May 2014 7:12 am 

    Oil is loosing its grip as the as the sole transportation fuel……. that is a good thing.

    Electric, flex-fuel, biofuel, hybrid, CNG, LNG and hydrogen all are growing in use.

    The price of oil continues to rise making all other alternatives look better.

  15. Davy, Hermann, MO on Tue, 13th May 2014 7:18 am 

    get’em Kenny!!!

  16. rockman on Tue, 13th May 2014 7:45 am 

    “Oil is loosing its grip as the as the sole transportation fuel”. For sure: according to the EIA 0.5% of all US vehicles run on some form of alternative fuel. ExxonMobil must be shaking in its boots…that leaves them only 99.5% of the other drives to sell to. LOL.

  17. Mike999 on Tue, 13th May 2014 9:17 am 

    NOTHING Saved as NG only makes Climate Change Worse, as NG/Fracking is Just as Bad as Coal.

    Another Stupid Policy Decision from the Oil/Energy Industry.

    Secondly, SOLAR will be cheaper then ALL Other Energy sources in 5 years. Only a Fool would build out an infrastructure that will be Obsolete in 5 years.

  18. Mike999 on Tue, 13th May 2014 9:20 am 

    And as the oil majors are attempting to build infrastructure to EXPORT NG, It won’t even be cheap in the 5 year window it’s got.

    Again, only a FOOL would switch to NG.

    Convert your Fleet to Hybrid or EV’s now. Save Now, and be ready for the future.

  19. GregT on Tue, 13th May 2014 9:33 am 

    “The American way of life is non-negotiable.”

    In other words, there will be no talk of a reduction in BAU. The drive, shop, consume lifestyle will be defended at any and all costs, up to and including a global mass extinction event.

    Get ’em Kenny! No doubt.

  20. GregT on Tue, 13th May 2014 9:39 am 

    ” Only a Fool would build out an infrastructure that will be Obsolete in 5 years.”

    But it would be wise to build out infrastructure that will need to replaced in a few decades, to power gadgets that will mostly be at the ends of their useful lives in ten years?

  21. PCTECH on Tue, 13th May 2014 9:51 am 

    Doesn’t anyone understand thermal dynamics? LNG has less heat energy than Diesel. Using it a transportation fuel will surely deplete it much fastest….say good bye to cheap natural gas.! Producers are losing money on NG from fracting now, prices have to increase.

  22. Northwest Resident on Tue, 13th May 2014 10:15 am 

    PCTECH — Nony (or one of his sock puppets), our resident NG enthusiast, will be along shortly to explain how wrong you are about the future of NG. He will link you to articles from Forbes, Bloomberg, Motley Fool and other “highly respected experts on oil/energy” to prove to you that America will soon become an exporter of NG, and that the world is indeed converting to NG “power”.

  23. bob on Tue, 13th May 2014 12:15 pm 

    when can we see NG prices rising? I think this winter we will see a 20 percent rise and then 20 percent every year after….But right now the price of everything is too cheap for anyone to take notice….gas and natural gas….

Leave a Reply

Your email address will not be published. Required fields are marked *