Natural Gas Marches On

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"An expanding natural gas refueling infrastructure coupled with the decreasing incremental cost to convert could jump-start the natural gas vehicle industry."

The Motley Fool, Adam J. Crawford

Chesapeake Energy committed $1B to finance the construction of a natural gas refueling station network. Natural gas station provider Clean Energy Fuels will receive $150M of Chesapeake's investment.

Cummins and Westport Innovations recently rolled out a natural gas engine that sells for roughly half the price. The substantial decrease in conversion costs could serve as a catalyst for the industry by substantially reducing the payback period for companies interested in converting to natural gas.

An expanding natural gas refueling infrastructure coupled with the decreasing incremental cost to convert could jump-start the natural gas vehicle industry. . .View Full Article

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