SALT LAKE CITY, UT, Jul 07, 2011 (MARKETWIRE via COMTEX) -- Infrastructure Developments Corp. /quotes/zigman/601100 IDVC -15.34% has declared support for the New Alternative Transportation to Give America Solutions (NAT GAS) Act of 2011. The proposed law, introduced by Rep. John Sullivan (R-OK), Vice Chair of the House Energy and Power Subcommittee, would expand tax credits for the purchase of natural gas vehicles (NGVs), encourage manufacturers to produce dedicated NGVs, and provide incentives for developing NGV fueling infrastructure.

"Our reasons for supporting NAT GAS are simple," stated IDVC's CEO Thomas R. Morgan. "It's good for American businesses, labor, and consumers, and it's good for the environment -- all at the same time. NAT GAS will not only support NGV's in general, it will bolster our entrance into the domestic NGV fueling infrastructure industry."

IDVC, an engineering and project management firm with operations in Southeast Asia, the Middle East, and the US, has signed a memorandum of understanding with a US firm to design, develop and build NGV fueling stations. IDVC intends to coordinate this process with local governments to expand NGV fleet usage.

NGV advocates point to a range of major advantages over traditional gasoline and diesel-powered vehicles:

NAT GAS, which has achieved broad support in both parties and has 182 sponsors from both parties and all regions of the country, is intended to pursue natural gas' advantages by jump-starting the NGV industry.

"Natural gas is a cleaner, cheaper, more abundant alternative to foreign oil, and it is in both our economic and national security interest to use the vast reserves we have right here in our own backyard as the bridge fuel towards energy security," stated Rep. Sullivan. "We use about 21 million barrels of oil a day and 69% of that is refined into transportation fuel. If we can get [NAT GAS] done, focusing on the fleets, trucks, buses, 18-wheelers, it's going to put a huge dent in that."

IDVC believes that the NGV industry's need for incentives and subsidies will only be temporary, an opinion shared by many industry analysts.

"The NGV industry will be able to stand on its own in a short period of time -- it just needs a boost," stated Morgan. "Despise all the advantages of NGVs, they're not practical if you can't refuel them conveniently. This is where we see our greatest opportunity to help this promising industry succeed. And that is why we are putting our full support behind NAT GAS and the legislators who back it."

Buck