Dallas Business Journal - by Matt Joyce, Staff Writer Date: Tuesday, April 12, 2011, 9:41am CDT - Last Modified: Tuesday, April 12, 2011, 10:43am CDT
Related:Logistics & Transportation, Energy Related News Arpey: AA-Eagle split could make sense Pet Airways enters Texas market DART begins enhanced rush-hour service Texas airline chiefs bemoan oil prices TWU critical of outsourcing plane work Dallas businessman T. Boone Pickens is keeping high pressure on the federal government to convert the nation’s freight trucks to natural gas engines, including attending a rally promoting natural-gas vehicles on Wednesday in Washington, D.C.
Pickens is behind a bill introduced last week that would provide tax credits and regulatory changes for production and purchase of natural gas vehicles. Provisions include $1 billion in tax incentives over five years for truck makers to build natural gas fleets and for gas station owners to add natural gas pumps.
The four original sponsors of H.R. 1380 include U.S. Rep. Kevin Brady from the Houston area.
NGV America, a national trade association, is organizing Wednesday’s rally, during which Pickens and others will tout the benefits of natural gas as an energy source and natural gas vehicles.