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PIRA Energy Group Sees Natural Gas Vehicles Gaining Traction

Equities -- PIRA Energy Group, a NYC-based energy market consulting firm, has released a special report that addresses both medium- and longer-term natural gas prospects in the U.S. transportation fuel market. PIRA says the sheer volume of U.S. recoverable gas resources relative to expected demand suggests that benchmark Henry Hub gas prices will remain deeply discounted relative to oil prices beyond this decade. Furthermore, the lengthy period of low-cost gas relative to oil has tremendously broadened support for the view that inexpensive North American gas is here to stay. According to the report, by employing off-the-shelf technologies, consumers could be able to accrue substantial savings given the latent expected price advantages of natural gas versus diesel. Such savings can also be attained in

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Submitted Sep 05, 2012 By: skb69sa
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REPLIES (newest first) Post a Reply
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Sep 6, 2012 10:23:17 PM


Good article, thanks for posting skb69sa!
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nb52
Champion Author Grand Rapids

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Message Posted: Sep 6, 2012 5:37:45 AM

Good luck with the conversion.
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tomok
Champion Author Portland

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Message Posted: Sep 6, 2012 4:48:00 AM

More and More Natural Gas produced, additional fracking to the underground rock strata to extract that Natural Gas, more vehicles produced for Natural Gas or changed over to operate on Natural Gas and vehicles produced to operate with an ability to use 2, 3 or 4 different fuels and the operator can choose which fuel may be the cheapest to use at that time. As more and more Natural Gas is used it can come to a point when the price may go up and up and become higher priced than other fuels. Be careful what you wish for!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, has a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
12/22/2012!
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kgbellman
Champion Author Ann Arbor

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Message Posted: Sep 5, 2012 11:40:44 PM

Reality, or more talk?
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letterchunker
Champion Author Texas

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Message Posted: Sep 5, 2012 11:26:00 PM

That's great if there's enough fueling stations
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after10
All-Star Author Hamilton

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Message Posted: Sep 5, 2012 11:03:05 PM

Can we afford not to invest in these?
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bvrbill
Champion Author Eugene

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Message Posted: Sep 5, 2012 10:34:05 PM

Keep developing natural gas vehicles.
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heydano67
Champion Author California

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Message Posted: Sep 5, 2012 10:16:37 PM

Would be nice to be able to fuel up at home
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DriverofRed
Champion Author Calgary

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Message Posted: Sep 5, 2012 10:16:33 PM

k
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Sep 5, 2012 10:14:49 PM

I have a lot of natural gas right now!
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abcdMA
Champion Author Worcester

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Message Posted: Sep 5, 2012 10:10:30 PM

we need to use more natural gas
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DEG
Champion Author Las Vegas

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Message Posted: Sep 5, 2012 10:06:56 PM

It will end up driving home heating, water heating, and electricity costs up as demand for natural gas increases.
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JAM11MS
All-Star Author Mississippi

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Message Posted: Sep 5, 2012 10:01:38 PM

ok
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SUPRA1987
Veteran Author Tampa

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Message Posted: Sep 5, 2012 9:57:53 PM

What do you call a politician in a trash compactor? Compressed Natural Gas.
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Wierbe
Champion Author Cincinnati

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Message Posted: Sep 5, 2012 9:54:43 PM

I hope NG cars can make a go of it. The fuel is clean and cheap. What's not to like?
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SpankyMI
Champion Author Kalamazoo

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Message Posted: Sep 5, 2012 9:53:12 PM

I'm still waiting for the other shoe to drop, some green group is going to come unhinged by too many Natural Gas burning vehicles on the road ways.
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wulf2000
Champion Author Miami

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Message Posted: Sep 5, 2012 9:51:45 PM

If this is the only way to be independent from unstable overseas sources to be it.
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drz614
Champion Author Harrisburg

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Message Posted: Sep 5, 2012 9:48:38 PM

agree with jimedB
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PoohMcGoo
Champion Author Alabama

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Message Posted: Sep 5, 2012 9:47:07 PM

Hope so.
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unipanini
All-Star Author New York

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Message Posted: Sep 5, 2012 9:46:45 PM

interesting
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jimedB
Champion Author Riverside

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Message Posted: Sep 5, 2012 9:33:56 PM

I'll believe it when I see it. I hope that they are not telling us to expect the price of gasoline to stay high which is why Nat gas looks good. Any slight production or transportation disruption will most likely cause large price fluctuations just like oil.
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atdinut
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Message Posted: Sep 5, 2012 9:32:26 PM

cool!
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Ayeghoti
Champion Author Michigan

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Message Posted: Sep 5, 2012 9:31:23 PM

great
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kgbellman
Champion Author Ann Arbor

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Message Posted: Sep 5, 2012 9:29:49 PM

Reality, or more talk?
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NashGas
Champion Author Nashville

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Message Posted: Sep 5, 2012 9:26:26 PM

Ok
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jb107
Champion Author New Jersey

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Message Posted: Sep 5, 2012 9:24:15 PM

Great idea but where do you refuel?
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DeeMamma88
Veteran Author San Bernardino

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Message Posted: Sep 5, 2012 9:23:07 PM

Let's see some ACTION!
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BlewettCA
Veteran Author California

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Message Posted: Sep 5, 2012 9:17:29 PM

Drill baby drill
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nwsynthetics
Champion Author Oregon

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Message Posted: Sep 5, 2012 9:16:08 PM

we shall see
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SUV2009
Champion Author Orlando

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Message Posted: Sep 5, 2012 9:15:24 PM

Okay more talk.
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AKmailman
Champion Author Alaska

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Message Posted: Sep 5, 2012 9:14:46 PM

let's see if you can wean the automakers
off their oil kickbacks and mass produce
the CNG cars
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toadNY
Champion Author Albany

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Message Posted: Sep 5, 2012 9:13:44 PM

We don't need the middle east OR nobama!
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Rt118E
Champion Author Pennsylvania

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Message Posted: Sep 5, 2012 9:09:50 PM

It could get us away from Arab Oil
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dsaine
Champion Author North Carolina

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Message Posted: Sep 5, 2012 9:07:23 PM

Ok
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ericbcire
Champion Author Nevada

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Message Posted: Sep 5, 2012 9:06:20 PM

The infrastructure is not even close to being ready for CNG vehicles.
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rxman1
Champion Author Toledo

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Message Posted: Sep 5, 2012 9:00:33 PM

You need fueling stations as well
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camel1
Champion Author Minnesota

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Message Posted: Sep 5, 2012 8:58:08 PM

CNG vehicle demand will increase as long as CNG is so low priced compared to diesel and gasoline and savings occur despite the cost to convert vehicles. As natural gas prices increase, demand for CNG vehicles will decline assuming gasoline and diesel prices remain relatively the same or increase less than CNG
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skyking19
Champion Author Little Rock

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Message Posted: Sep 5, 2012 8:55:34 PM

Great!
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FFootdoc12
Champion Author Illinois

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Message Posted: Sep 5, 2012 8:45:24 PM

big oil needs the competition
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TedNC
Champion Author North Carolina

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Message Posted: Sep 5, 2012 8:42:58 PM

ok
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darkknight1
Champion Author Winston-Salem

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Message Posted: Sep 5, 2012 8:42:22 PM

ok
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pilotmass
Champion Author Boston

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Message Posted: Sep 5, 2012 8:38:54 PM

I want this CNG option for cars.
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jdc17327
Champion Author Pennsylvania

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Message Posted: Sep 5, 2012 8:38:17 PM

that is true...but that is scary stuff...if it helps to get the prices down...just do it now
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knot2swift
Champion Author Calgary

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Message Posted: Sep 5, 2012 8:37:13 PM

Well, I should hope they gain traction.

What moron wrote this from PIRA? We should be voting everyone not in favour of Compressed Natuarl Gas for cars out of office!

It's cheap and it's clean but unfortunately idiots confuse Gas (as in Gaslosine) with Gas ( as in Natuaral Gas). So we are run by stupid voters that know squat unable to force the government into developing a new energy sourcefor cars.

End of story.

[Edited by: knot2swift at 9/5/2012 9:38:39 PM EST]
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IUVidiot
Champion Author Indiana

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Message Posted: Sep 5, 2012 8:33:34 PM

Just do it
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chuckhermann
Champion Author New York

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Message Posted: Sep 5, 2012 8:32:52 PM

If there were sufficient fueling stations I would consider a modestly priced NG vehicle.
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mlmeng
Champion Author Michigan

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Message Posted: Sep 5, 2012 8:31:37 PM

"Relatively" inexpensive fuel supply - fantastic.
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DustyHorse
Champion Author Virginia

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Message Posted: Sep 5, 2012 8:30:35 PM

This is something that actually makes sense in the short run.
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big_mac64
Champion Author Tennessee

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Message Posted: Sep 5, 2012 8:30:26 PM

enough talk, let's do!
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hammer219115
Veteran Author Pennsylvania

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Message Posted: Sep 5, 2012 8:30:21 PM

ok
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midnightsdc
Champion Author Ontario

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Message Posted: Sep 5, 2012 8:30:12 PM

Sure...so they can tax it..
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