A brief piece in the Wall Street Journal’s “Dealbook” discussed the potential of natural gas powered vehicles, largely as a way to stop falling prices for natural gas.
One hope for many natural gas producers reeling from collapsing prices is wider adoption of natural-gas-powered cars.
The biggest hurdle so far: lack of infrastructure to refuel them.
But Steven Mueller, CEO of Southwestern Energy, says if 10% of passenger cars were powered by natural gas, gasoline prices would fall by $1.60/gallon and gas producers would get 4 billion cubic feet/day in demand.
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jpolicke - Happy Birthday, Doug!
Summicron - Anyone else think Schmitt kinda looks like Einstein in that photo?
DeadWeight - 1) By Porsche alternatives or alternatives, in general? 2) Define “bad.”
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