Are Natural Gas Engines the Future?
Recently, T. Boone Pickens has proposed that all of the heavy-duty trucks in the United States be converted to run off natural gas. The oil tycoon raises some interesting points, two of which are hard to argue with. The first being that natural gas is cheaper than gasoline and the second being that natural gas is a national resource, which would cut our dependence on foreign oil. The main obstacle for the conversion however, is that trucks which run on natural gas cost nearly $50,000 more than diesel ones. Pickens suggests that this conversion be pushed through with a bill that would offer companies $5 billion dollars worth of tax credits for making the switch. If this bill is passed it has the potential to completely change the face of automobile transport.
So the question is, would these tax credits persuade you to change the fuel type on your car shipping trucks?