States pumping up natural gas use
see link below for article
http://fleetowner.com/management/news/states-pumping-natural-gas-us...
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Permalink Reply by P.G. on
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Looks like there's a much higher profit margin selling CNG than gasoline...
Selling NG for $2.59 per gasoline equivalent would be like selling it for around $20 per 1000 cubic feet...
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Not necessarily true...think "economics of scale." High volume gas going down a pipeline is MUCH different than stored gas in a small container.
Besides, even if there is a high profit margin, that is GOOD. That means plenty of capital will be used to invest in development and expansion bringing more infrastructure and making gas more available to the masses.