As gas prices continue to rise, so does our need to alleviate our dependence on oil. There are various new vehicle technologies that need to be considered- specifically, natural gas vehicles. The necessary transition seems so simple, but what do we really know about NGV’s?
Natural gas, a cleaner burning fossil fuel than that of oil, decreases greenhouse gas emissions compared to those of diesel and gasoline. Prices of natural gas are approximately one-third less than gasoline, and savings are predicted to further continue. Consumers have the option to convert their current vehicle’s system to that of a NGV, and if they have a natural gas home, they have the option to install a home refueling system. Not only do they have the chance to qualify for tax credits for a home refueling system, but they may also have an abundance of visits from their neighbors.
Saving money and helping the environment- why are we all not heading to our closest auto dealership to purchase environmentally friendly, money saving, natural gas vehicles?
As NGV technology is so introductory, there are a few issues to consider that may offset the advantages. A few unanswered questions thus far:
Are NGV’s recommended for long trips?
Are fuel savings worth the initial cost of the vehicle?
Will maintenance costs be more expensive?
With the controversial method of extracting natural gas, commonly known as “Fracking”, we are unsure of the future of this process, as it has caused earthquakes and contaminated groundwater. The entire process is new, and we have yet to determine how the issues will play out. Natural gas vehicles have not yet gone mainstream, and there are only 1,000 refueling stations currently in the US- with a mere 50% of these open to the public. Consumers are hesitant to purchase NGV’s with the lack of filling stations, and companies are reluctant to set up an abundance of filling stations if consumers are not quick to purchase the vehicles.
The obvious transition loses transparency when examining all factors involved, and only time will tell if the new NGV technology will become the standard for the future of our vehicles.
Natural gas, a cleaner burning fossil fuel than that of oil, decreases greenhouse gas emissions compared to those of diesel and gasoline. Prices of natural gas are approximately one-third less than gasoline, and savings are predicted to further continue. Consumers have the option to convert their current vehicle’s system to that of a NGV, and if they have a natural gas home, they have the option to install a home refueling system. Not only do they have the chance to qualify for tax credits for a home refueling system, but they may also have an abundance of visits from their neighbors.
Saving money and helping the environment- why are we all not heading to our closest auto dealership to purchase environmentally friendly, money saving, natural gas vehicles?
As NGV technology is so introductory, there are a few issues to consider that may offset the advantages. A few unanswered questions thus far:
Are NGV’s recommended for long trips?
Are fuel savings worth the initial cost of the vehicle?
Will maintenance costs be more expensive?
With the controversial method of extracting natural gas, commonly known as “Fracking”, we are unsure of the future of this process, as it has caused earthquakes and contaminated groundwater. The entire process is new, and we have yet to determine how the issues will play out. Natural gas vehicles have not yet gone mainstream, and there are only 1,000 refueling stations currently in the US- with a mere 50% of these open to the public. Consumers are hesitant to purchase NGV’s with the lack of filling stations, and companies are reluctant to set up an abundance of filling stations if consumers are not quick to purchase the vehicles.
The obvious transition loses transparency when examining all factors involved, and only time will tell if the new NGV technology will become the standard for the future of our vehicles.
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