Natural gas is the best transportation fuel. It's better than gasoline or diesel. It's cleaner, it's cheaper, and it's domestic. Natural gas is 97 percent domestic fuel, North America.
Natural gas is a better transportation fuel than gasoline, so if that's the case, it's cheaper, it's cleaner and it's a domestic resource.
Today, natural gas now outstrips coal as the leading provider of electricity in America. If this is as big as people believe it is, natural gas will soon be powering trucks and marine ships. Maybe even standard commercial cars that people use at home through compressed natural gas, other gas to liquids. The potential is there for more energy independence by America and a reliance on cleaner fuel - natural gas emits half as much as coal, in terms of carbon emissions. That's a real bounty.
GM is pursuing gasoline-savings solutions on many fronts on the way to our ultimate vision of hydrogen fuel cell-powered transportation. E85 ethanol burns cleaner than gasoline and is a renewable, domestic fuel that can enhance the nation's economy and energy security.
Compared to coal, which generates almost half the electricity in the United States, natural gas is indeed a cleaner, less polluting fuel. But compared to, say, solar, it's filthy. And of course there is nothing renewable about natural gas.
We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance-algae... We could replace up to 17 percent of the oil we import for transportation with this fuel that we can grow right here in the United States.
The great thing about cheap natural gas, again it's cheap, and it provides a cleaner alternative to coal. But it's still a fossil fuel, and because it's still a fossil fuel, it still emits carbon.
What I want is natural gas to be a bridge to a cleaner energy future, not a dam against a cleaner energy future, not a dead end. To get this right, to get the most out of it, we not only have to make sure we exploit natural gas in a clean way - it's a challenge - but we also have to make sure that we are instilling and implementing all the incentives to win solar, nuclear energy efficiency that will make them continually competitive with natural gas in the future.
High gas prices are eating away at consumer's disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.
High gas prices are eating away at consumers disposal income and could lead to a further economic downturn, especially for those whose livelihood depend on gasoline and diesel fuel.
Conoco will build a $75 million plant to see if a process to convert natural gas to liquid fuel is profitable. It has to be. In California, gasoline is so expensive that people are trying to run their cars on cocaine.
Relative to oil, however, natural gas is very cheap and very attractive. And I think that natural gas in emerging markets is very attractive. There is very little natural gas infrastructure in places such as China, where there is tremendous demand for natural gas.
There's no question that natural gas is a lot better than coal or oil, in the sense that natural gas produces less carbon per unit of energy produced.
...the era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system
Natural gas will displace coal in power generation. Getting natural gas into the transportation fleet is harder. It works best for vehicles that work from centralized fueling facilities like trucking fleets or buses and cabs. That is happening. Before it can make big inroads beyond that, infrastructure is going to need to be developed.
Natural gas is better distributed than any other fuel in the United States. It's down every street and up every alley. There's a pipeline.
One of the industries we follow very closely is the trucking industry. They would love if today there was an option for them to run their fleets on natural gas, because of the price disparity between oil and refined diesel - which they almost exclusively run on now - and natural gas.