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Natural-gas vehicles hot in Utah where the fuel is cheap
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24







middle causcus former russians living on it. why do you think we are in iraq.
Currently natural gas is used to make some electricity and to heat homes. Were inexpensive nuclear power to be more widely adopted, natural gas could be freed from having to make electricity and heat some homes.
This gas could then be used to power cars which would in turn free us from having to import foreign oil.
Just like oil companies are not responsible for costs, companies like Questar are subject to market fluctuations too. They can, and oil companies do it extremely well, engage in arbitrage to wring out a few extra pennies of profit per unit. They evaluate every variable you can imagine to forecast price changes and targets, then make bets on the forecast. When they are right, and they usually are because people's consumption is fairly predictable, they can make the kind of profit that oil companies have seen lately. Gas companies have regulated subsidiaries that must stay within an acceptable profit range, but will have other subsidiaries that fall outside of regulation that will make a handsome profit for the holding corp even when the regulated subsidiary proclaims its regulated benevolence.
It is capitalism at its finest, and is a beautiful concept. The ones who don't like it are those who are mathematically challenged, which is most consumers.
"As a gas utility, the company is subject to government regulation, including regulation on price, for instance. The company must sell energy on a rate schedule approved by government regulators, and, for instance, is only authorized to earn a return on equity just south of 12%."
According to this it seems to me that prices charged by Questar are more dependent on their production costs than the current going rate in the market for natural gas.
1. Cheap fuel that will STAY cheap. (Not competing for with foreign middle men)
2. Clean fuel. (Lower emissions than the cleanest hybrid)
2. Foreign dependancy gone.
3. Avg. engine will last 500k + miles. (no carbon to degrade the lubricating oil in the oil pan.
4. Conversions could be done on all existing vehicles for a reasonable cost. (If the price gouging of tanks would calm down)
5. Convenience of filling up at home.
Why is this technology not more widely accepted?
Wait... I know why.
Auto manufactures (except Honda) don't like to sell vehicles that don't need replacing as often.
You corner gas station would loose out on your "big gulp" purchases if you left home with a full tank.
Our dealings with the middle east would have to stop. Somebody would stop getting their incentives.
Make your voice heard. Demand CNG alternatives!