Not Logged In Log In   Sign Up   Points Leaders
Follow Us    8:22 PM

GasBuddy News Article

44
votes
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

Read the Full Article

Submitted Sep 05, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: PIRA Energy Group Sees Natural Gas Vehicles Gaining Traction Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
LetemEatCake
Champion Author Oklahoma City

Posts:5,705
Points:1,360,915
Joined:Mar 2008
Message Posted: Sep 6, 2012 10:23:17 PM


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

Posts:10,489
Points:2,185,770
Joined:Nov 2008
Message Posted: Sep 6, 2012 5:37:45 AM

Good luck with the conversion.
Profile Pic
tomok
Champion Author Portland

Posts:44,343
Points:2,990,635
Joined:Aug 2006
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!
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:5,424
Points:1,375,300
Joined:Mar 2011
Message Posted: Sep 5, 2012 11:40:44 PM

Reality, or more talk?
Profile Pic
letterchunker
Champion Author Texas

Posts:4,921
Points:1,284,800
Joined:Aug 2008
Message Posted: Sep 5, 2012 11:26:00 PM

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

Posts:646
Points:102,685
Joined:Jul 2012
Message Posted: Sep 5, 2012 11:03:05 PM

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

Posts:7,363
Points:1,162,975
Joined:Jul 2011
Message Posted: Sep 5, 2012 10:34:05 PM

Keep developing natural gas vehicles.
Profile Pic
heydano67
Champion Author California

Posts:2,505
Points:929,425
Joined:Feb 2012
Message Posted: Sep 5, 2012 10:16:37 PM

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

Posts:4,606
Points:952,155
Joined:Dec 2011
Message Posted: Sep 5, 2012 10:16:33 PM

k
Profile Pic
MG_Sputnik
Champion Author Philadelphia

Posts:9,877
Points:2,598,030
Joined:Apr 2006
Message Posted: Sep 5, 2012 10:14:49 PM

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

Posts:10,607
Points:2,206,315
Joined:Nov 2008
Message Posted: Sep 5, 2012 10:10:30 PM

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

Posts:20,242
Points:4,113,930
Joined:Jul 2003
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.
Profile Pic
JAM11MS
All-Star Author Mississippi

Posts:830
Points:451,175
Joined:Feb 2011
Message Posted: Sep 5, 2012 10:01:38 PM

ok
Profile Pic
SUPRA1987
Veteran Author Tampa

Posts:460
Points:458,590
Joined:May 2011
Message Posted: Sep 5, 2012 9:57:53 PM

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

Posts:6,401
Points:1,751,620
Joined:Apr 2006
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?
Profile Pic
SpankyMI
Champion Author Kalamazoo

Posts:4,969
Points:1,353,430
Joined:Jan 2011
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.
Profile Pic
wulf2000
Champion Author Miami

Posts:4,914
Points:1,877,125
Joined:May 2005
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.
Profile Pic
drz614
Champion Author Harrisburg

Posts:5,064
Points:1,243,415
Joined:Aug 2011
Message Posted: Sep 5, 2012 9:48:38 PM

agree with jimedB
Profile Pic
PoohMcGoo
Champion Author Alabama

Posts:3,772
Points:1,336,060
Joined:Dec 2010
Message Posted: Sep 5, 2012 9:47:07 PM

Hope so.
Profile Pic
unipanini
All-Star Author New York

Posts:903
Points:267,425
Joined:Mar 2012
Message Posted: Sep 5, 2012 9:46:45 PM

interesting
Profile Pic
jimedB
Champion Author Riverside

Posts:3,055
Points:262,840
Joined:Jun 2012
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.
Profile Pic
atdinut
Champion Author California

Posts:1,617
Points:368,240
Joined:Apr 2012
Message Posted: Sep 5, 2012 9:32:26 PM

cool!
Profile Pic
Ayeghoti
Champion Author Michigan

Posts:3,682
Points:800,845
Joined:Aug 2007
Message Posted: Sep 5, 2012 9:31:23 PM

great
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:5,424
Points:1,375,300
Joined:Mar 2011
Message Posted: Sep 5, 2012 9:29:49 PM

Reality, or more talk?
Profile Pic
NashGas
Champion Author Nashville

Posts:3,699
Points:892,630
Joined:Dec 2009
Message Posted: Sep 5, 2012 9:26:26 PM

Ok
Profile Pic
jb107
Champion Author New Jersey

Posts:12,258
Points:3,262,375
Joined:Sep 2005
Message Posted: Sep 5, 2012 9:24:15 PM

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

Posts:357
Points:440,780
Joined:May 2012
Message Posted: Sep 5, 2012 9:23:07 PM

Let's see some ACTION!
Profile Pic
BlewettCA
Veteran Author California

Posts:318
Points:287,210
Joined:May 2012
Message Posted: Sep 5, 2012 9:17:29 PM

Drill baby drill
Profile Pic
nwsynthetics
Champion Author Oregon

Posts:1,134
Points:541,935
Joined:Dec 2011
Message Posted: Sep 5, 2012 9:16:08 PM

we shall see
Profile Pic
SUV2009
Champion Author Orlando

Posts:6,215
Points:1,726,070
Joined:Oct 2009
Message Posted: Sep 5, 2012 9:15:24 PM

Okay more talk.
Profile Pic
AKmailman
Champion Author Alaska

Posts:8,410
Points:2,198,545
Joined:Jul 2004
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
Profile Pic
toadNY
Champion Author Albany

Posts:9,825
Points:2,158,425
Joined:Apr 2008
Message Posted: Sep 5, 2012 9:13:44 PM

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

Posts:12,754
Points:2,012,400
Joined:Jun 2009
Message Posted: Sep 5, 2012 9:09:50 PM

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

Posts:5,870
Points:1,275,870
Joined:May 2011
Message Posted: Sep 5, 2012 9:07:23 PM

Ok
Profile Pic
ericbcire
Champion Author Nevada

Posts:7,233
Points:1,908,985
Joined:Aug 2009
Message Posted: Sep 5, 2012 9:06:20 PM

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

Posts:12,455
Points:2,505,270
Joined:Nov 2007
Message Posted: Sep 5, 2012 9:00:33 PM

You need fueling stations as well
Profile Pic
camel1
Champion Author Minnesota

Posts:10,957
Points:2,898,190
Joined:Jul 2006
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
Profile Pic
skyking19
Champion Author Little Rock

Posts:2,733
Points:2,204,735
Joined:Jan 2007
Message Posted: Sep 5, 2012 8:55:34 PM

Great!
Profile Pic
FFootdoc12
Champion Author Illinois

Posts:1,060
Points:681,355
Joined:Apr 2008
Message Posted: Sep 5, 2012 8:45:24 PM

big oil needs the competition
Profile Pic
TedNC
Champion Author North Carolina

Posts:1,469
Points:321,840
Joined:May 2011
Message Posted: Sep 5, 2012 8:42:58 PM

ok
Profile Pic
darkknight1
Champion Author Winston-Salem

Posts:7,040
Points:1,538,710
Joined:Nov 2010
Message Posted: Sep 5, 2012 8:42:22 PM

ok
Profile Pic
pilotmass
Champion Author Boston

Posts:4,783
Points:1,145,865
Joined:Jul 2011
Message Posted: Sep 5, 2012 8:38:54 PM

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

Posts:2,648
Points:204,255
Joined:May 2009
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
Profile Pic
knot2swift
Champion Author Calgary

Posts:5,969
Points:1,049,680
Joined:Nov 2009
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]
Profile Pic
IUVidiot
Champion Author Indiana

Posts:6,331
Points:1,353,010
Joined:Jun 2011
Message Posted: Sep 5, 2012 8:33:34 PM

Just do it
Profile Pic
chuckhermann
Champion Author New York

Posts:1,768
Points:945,575
Joined:Jun 2011
Message Posted: Sep 5, 2012 8:32:52 PM

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

Posts:4,367
Points:1,236,105
Joined:Mar 2011
Message Posted: Sep 5, 2012 8:31:37 PM

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

Posts:8,738
Points:2,002,285
Joined:Oct 2008
Message Posted: Sep 5, 2012 8:30:35 PM

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

Posts:11,247
Points:1,684,720
Joined:May 2005
Message Posted: Sep 5, 2012 8:30:26 PM

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

Posts:446
Points:25,285
Joined:Aug 2006
Message Posted: Sep 5, 2012 8:30:21 PM

ok
Post a reply Back to Topics