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This "analysis" discards the use of CNG for personal cars without proper "analysis". Consider the following before "jumping" to that conclusion: 1) the US spends hundreds of billions each year on the military (bases and wars) to insure the supply of middle east oil that would not be required if the US were energy independent, 2) electric cars lose effeciency within several years because their batteries, like all batteries, wear out (life expectancy is less than ten years and significantly reduced efficiency in 5 to 7 years) - and a consumer reports study of electric cars concluded that they couldn't be justified, 3) the 300+ billion sent out of the country annually for imported oil used for gasoline/diesel would be retaining and circulated in the US economy, 4) there are millions of CNG cars in use now in Europe, Asia, and South America and expanding, 5) LNG and CNG filling stations are already being built (see www.cngprices.com) and expanding weekly, 6) the price of natural gas could double and the "pump" price of CNG would still be lower than gasoline, 7) Electric cars powered by NG power plants is ineffecient as 50% of the initial power generated is lost in transmission lines, and 8) while the cost of converting gas cars to CNG is expensive, buying a new CNG the next time you buy a car wouldn't be any more expensive if they are mass produced and the US would get all the benefits listed above.
Accelerating the conversion of transportation to NG would only take a few targeted, TEMPORARY, tax credits and the benefits would be enormous. These should include CNG/LNG stations, initial additional manufacturing expense for vehicles to keep initial pricing competitive, and some for dealerships. Should phase out tax breaks in 5 years. Savings to the government coupled with increased tax revenue would be in the 100s of billions and increase in US jobs would be in the millions within 5 years....
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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