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PIRA Energy Group Sees Natural Gas Vehicles Gaining Traction

Equities -- PIRA Energy Group, a NYC-based energy market consulting firm, has released a special report that addresses both medium- and longer-term natural gas prospects in the U.S. transportation fuel market. PIRA says the sheer volume of U.S. recoverable gas resources relative to expected demand suggests that benchmark Henry Hub gas prices will remain deeply discounted relative to oil prices beyond this decade. Furthermore, the lengthy period of low-cost gas relative to oil has tremendously broadened support for the view that inexpensive North American gas is here to stay. According to the report, by employing off-the-shelf technologies, consumers could be able to accrue substantial savings given the latent expected price advantages of natural gas versus diesel. Such savings can also be attained in

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Submitted Sep 05, 2012 By: skb69sa

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LetemEatCake Champion Author Oklahoma City Posts:5,596 Points:1,204,605 Joined:Mar 2008	Message Posted: Sep 6, 2012 10:23:17 PM Ignore LetemEatCake Report Abuse Good article, thanks for posting skb69sa!
nb52 Champion Author Grand Rapids Posts:7,775 Points:1,545,875 Joined:Nov 2008	Message Posted: Sep 6, 2012 5:37:45 AM Ignore nb52 Report Abuse Good luck with the conversion.
tomok Champion Author Portland Posts:32,987 Points:2,344,535 Joined:Aug 2006	Message Posted: Sep 6, 2012 4:48:00 AM Ignore tomok Report Abuse More and More Natural Gas produced, additional fracking to the underground rock strata to extract that Natural Gas, more vehicles produced for Natural Gas or changed over to operate on Natural Gas and vehicles produced to operate with an ability to use 2, 3 or 4 different fuels and the operator can choose which fuel may be the cheapest to use at that time. As more and more Natural Gas is used it can come to a point when the price may go up and up and become higher priced than other fuels. Be careful what you wish for! Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, has a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! 12/22/2012!
kgbellman Champion Author Ann Arbor Posts:2,713 Points:731,840 Joined:Mar 2011	Message Posted: Sep 5, 2012 11:40:44 PM Ignore kgbellman Report Abuse Reality, or more talk?
letterchunker Champion Author Texas Posts:2,245 Points:667,675 Joined:Aug 2008	Message Posted: Sep 5, 2012 11:26:00 PM Ignore letterchunker Report Abuse That's great if there's enough fueling stations
after10 Veteran Author Hamilton Posts:363 Points:47,985 Joined:Jul 2012	Message Posted: Sep 5, 2012 11:03:05 PM Ignore after10 Report Abuse Can we afford not to invest in these?
bvrbill Champion Author Eugene Posts:3,217 Points:517,775 Joined:Jul 2011	Message Posted: Sep 5, 2012 10:34:05 PM Ignore bvrbill Report Abuse Keep developing natural gas vehicles.
heydano67 Champion Author California Posts:1,666 Points:357,535 Joined:Feb 2012	Message Posted: Sep 5, 2012 10:16:37 PM Ignore heydano67 Report Abuse Would be nice to be able to fuel up at home
DriverofRed Champion Author Calgary Posts:2,173 Points:411,885 Joined:Dec 2011	Message Posted: Sep 5, 2012 10:16:33 PM Ignore DriverofRed Report Abuse k
MG_Sputnik Champion Author Philadelphia Posts:7,305 Points:1,959,655 Joined:Apr 2006	Message Posted: Sep 5, 2012 10:14:49 PM Ignore MG_Sputnik Report Abuse I have a lot of natural gas right now!
abcdMA Champion Author Worcester Posts:7,922 Points:1,574,980 Joined:Nov 2008	Message Posted: Sep 5, 2012 10:10:30 PM Ignore abcdMA Report Abuse we need to use more natural gas
DEG Champion Author Las Vegas Posts:17,620 Points:3,494,705 Joined:Jul 2003	Message Posted: Sep 5, 2012 10:06:56 PM Ignore DEG Report Abuse It will end up driving home heating, water heating, and electricity costs up as demand for natural gas increases.
JAM11MS All-Star Author Mississippi Posts:830 Points:451,175 Joined:Feb 2011	Message Posted: Sep 5, 2012 10:01:38 PM Ignore JAM11MS Report Abuse ok
SUPRA1987 Sophomore Author Tampa Posts:161 Points:210,770 Joined:May 2011	Message Posted: Sep 5, 2012 9:57:53 PM Ignore SUPRA1987 Report Abuse What do you call a politician in a trash compactor? Compressed Natural Gas.
Wierbe Champion Author Cincinnati Posts:3,747 Points:1,118,140 Joined:Apr 2006	Message Posted: Sep 5, 2012 9:54:43 PM Ignore Wierbe Report Abuse I hope NG cars can make a go of it. The fuel is clean and cheap. What's not to like?
SpankyMI Champion Author Kalamazoo Posts:2,708 Points:759,280 Joined:Jan 2011	Message Posted: Sep 5, 2012 9:53:12 PM Ignore SpankyMI Report Abuse I'm still waiting for the other shoe to drop, some green group is going to come unhinged by too many Natural Gas burning vehicles on the road ways.
wulf2000 Champion Author Miami Posts:3,027 Points:1,388,480 Joined:May 2005	Message Posted: Sep 5, 2012 9:51:45 PM Ignore wulf2000 Report Abuse If this is the only way to be independent from unstable overseas sources to be it.
drz614 Champion Author Harrisburg Posts:2,300 Points:597,690 Joined:Aug 2011	Message Posted: Sep 5, 2012 9:48:38 PM Ignore drz614 Report Abuse agree with jimedB
PoohMcGoo Champion Author Alabama Posts:3,067 Points:799,835 Joined:Dec 2010	Message Posted: Sep 5, 2012 9:47:07 PM Ignore PoohMcGoo Report Abuse Hope so.
unipanini All-Star Author New York Posts:903 Points:264,575 Joined:Mar 2012	Message Posted: Sep 5, 2012 9:46:45 PM Ignore unipanini Report Abuse interesting
jimedB Veteran Author Riverside Posts:400 Points:79,290 Joined:Jun 2012	Message Posted: Sep 5, 2012 9:33:56 PM Ignore jimedB Report Abuse I'll believe it when I see it. I hope that they are not telling us to expect the price of gasoline to stay high which is why Nat gas looks good. Any slight production or transportation disruption will most likely cause large price fluctuations just like oil.
atdinut Champion Author California Posts:1,608 Points:353,985 Joined:Apr 2012	Message Posted: Sep 5, 2012 9:32:26 PM Ignore atdinut Report Abuse cool!
Ayeghoti Champion Author Michigan Posts:2,435 Points:346,875 Joined:Aug 2007	Message Posted: Sep 5, 2012 9:31:23 PM Ignore Ayeghoti Report Abuse great
kgbellman Champion Author Ann Arbor Posts:2,713 Points:731,840 Joined:Mar 2011	Message Posted: Sep 5, 2012 9:29:49 PM Ignore kgbellman Report Abuse Reality, or more talk?
NashGas Champion Author Nashville Posts:3,089 Points:663,930 Joined:Dec 2009	Message Posted: Sep 5, 2012 9:26:26 PM Ignore NashGas Report Abuse Ok
jb107 Champion Author New Jersey Posts:9,549 Points:2,621,025 Joined:Sep 2005	Message Posted: Sep 5, 2012 9:24:15 PM Ignore jb107 Report Abuse Great idea but where do you refuel?
DeeMamma88 Veteran Author San Bernardino Posts:352 Points:282,105 Joined:May 2012	Message Posted: Sep 5, 2012 9:23:07 PM Ignore DeeMamma88 Report Abuse Let's see some ACTION!
BlewettCA Veteran Author California Posts:318 Points:240,410 Joined:May 2012	Message Posted: Sep 5, 2012 9:17:29 PM Ignore BlewettCA Report Abuse Drill baby drill
nwsynthetics Champion Author Oregon Posts:1,014 Points:345,675 Joined:Dec 2011	Message Posted: Sep 5, 2012 9:16:08 PM Ignore nwsynthetics Report Abuse we shall see
SUV2009 Champion Author Orlando Posts:4,408 Points:1,142,240 Joined:Oct 2009	Message Posted: Sep 5, 2012 9:15:24 PM Ignore SUV2009 Report Abuse Okay more talk.
AKmailman Champion Author Alaska Posts:5,628 Points:1,557,340 Joined:Jul 2004	Message Posted: Sep 5, 2012 9:14:46 PM Ignore AKmailman Report Abuse let's see if you can wean the automakers off their oil kickbacks and mass produce the CNG cars
toadNY Champion Author Albany Posts:7,042 Points:1,513,150 Joined:Apr 2008	Message Posted: Sep 5, 2012 9:13:44 PM Ignore toadNY Report Abuse We don't need the middle east OR nobama!
Rt118E Champion Author Pennsylvania Posts:9,486 Points:1,368,270 Joined:Jun 2009	Message Posted: Sep 5, 2012 9:09:50 PM Ignore Rt118E Report Abuse It could get us away from Arab Oil
dsaine Champion Author North Carolina Posts:2,992 Points:631,520 Joined:May 2011	Message Posted: Sep 5, 2012 9:07:23 PM Ignore dsaine Report Abuse Ok
ericbcire Champion Author Nevada Posts:4,520 Points:1,266,635 Joined:Aug 2009	Message Posted: Sep 5, 2012 9:06:20 PM Ignore ericbcire Report Abuse The infrastructure is not even close to being ready for CNG vehicles.
rxman1 Champion Author Toledo Posts:9,540 Points:1,860,920 Joined:Nov 2007	Message Posted: Sep 5, 2012 9:00:33 PM Ignore rxman1 Report Abuse You need fueling stations as well
camel1 Champion Author Minnesota Posts:8,265 Points:2,265,640 Joined:Jul 2006	Message Posted: Sep 5, 2012 8:58:08 PM Ignore camel1 Report Abuse CNG vehicle demand will increase as long as CNG is so low priced compared to diesel and gasoline and savings occur despite the cost to convert vehicles. As natural gas prices increase, demand for CNG vehicles will decline assuming gasoline and diesel prices remain relatively the same or increase less than CNG
skyking19 Champion Author Little Rock Posts:1,996 Points:1,698,715 Joined:Jan 2007	Message Posted: Sep 5, 2012 8:55:34 PM Ignore skyking19 Report Abuse Great!
FFootdoc12 All-Star Author Illinois Posts:854 Points:308,600 Joined:Apr 2008	Message Posted: Sep 5, 2012 8:45:24 PM Ignore FFootdoc12 Report Abuse big oil needs the competition
TedNC All-Star Author North Carolina Posts:995 Points:226,950 Joined:May 2011	Message Posted: Sep 5, 2012 8:42:58 PM Ignore TedNC Report Abuse ok
darkknight1 Champion Author Winston-Salem Posts:4,335 Points:895,085 Joined:Nov 2010	Message Posted: Sep 5, 2012 8:42:22 PM Ignore darkknight1 Report Abuse ok
pilotmass Champion Author Boston Posts:1,819 Points:501,635 Joined:Jul 2011	Message Posted: Sep 5, 2012 8:38:54 PM Ignore pilotmass Report Abuse I want this CNG option for cars.
jdc17327 Champion Author Pennsylvania Posts:2,555 Points:197,690 Joined:May 2009	Message Posted: Sep 5, 2012 8:38:17 PM Ignore jdc17327 Report Abuse that is true...but that is scary stuff...if it helps to get the prices down...just do it now
knot2swift Champion Author Calgary Posts:4,384 Points:697,000 Joined:Nov 2009	Message Posted: Sep 5, 2012 8:37:13 PM Ignore knot2swift Report Abuse Well, I should hope they gain traction. What moron wrote this from PIRA? We should be voting everyone not in favour of Compressed Natuarl Gas for cars out of office! It's cheap and it's clean but unfortunately idiots confuse Gas (as in Gaslosine) with Gas ( as in Natuaral Gas). So we are run by stupid voters that know squat unable to force the government into developing a new energy sourcefor cars. End of story. [Edited by: knot2swift at 9/5/2012 9:38:39 PM EST]
IUVidiot Champion Author Indiana Posts:3,585 Points:708,360 Joined:Jun 2011	Message Posted: Sep 5, 2012 8:33:34 PM Ignore IUVidiot Report Abuse Just do it
chuckhermann All-Star Author New York Posts:957 Points:498,225 Joined:Jun 2011	Message Posted: Sep 5, 2012 8:32:52 PM Ignore chuckhermann Report Abuse If there were sufficient fueling stations I would consider a modestly priced NG vehicle.
mlmeng Champion Author Michigan Posts:1,630 Points:590,085 Joined:Mar 2011	Message Posted: Sep 5, 2012 8:31:37 PM Ignore mlmeng Report Abuse "Relatively" inexpensive fuel supply - fantastic.
DustyHorse Champion Author Virginia Posts:6,085 Points:1,391,805 Joined:Oct 2008	Message Posted: Sep 5, 2012 8:30:35 PM Ignore DustyHorse Report Abuse This is something that actually makes sense in the short run.
big_mac64 Champion Author Tennessee Posts:10,593 Points:1,485,690 Joined:May 2005	Message Posted: Sep 5, 2012 8:30:26 PM Ignore big_mac64 Report Abuse enough talk, let's do!
hammer219115 Veteran Author Pennsylvania Posts:411 Points:22,950 Joined:Aug 2006	Message Posted: Sep 5, 2012 8:30:21 PM Ignore hammer219115 Report Abuse ok