Cheap Gas - When is the Honeymoon Over?
John Porretto of the Associated Press reported today that A Year After $100, Oil Prices Cut in Half
Mark my words - Oil and gas prices will rise significantly in 2009. The merciful respite in gas prices in late 2008 is only a brief honeymoon, before demand outstrips demand and temporary surpluses are gone. That’s what smart economists and energy experts are telling me.
Utah and other states would be wise to get on the stick with better support for alternative fuels like Compressed Natural Gas (CNG) conversions for diesel trucks. Big Rigs use 40% of the diesel fuel burned in the U.S.
Yes, Yes. I do think that CNG is a bridge to more sustainable options (see Pickens Plan), but we need the bridge to loosen the noose of foreign oil addiction. And, just following the EPA’s lethargic guidelines for subsidies for the slow rollout of single fuel CNG cars like the Honda Civic will hurt consumers and the economy. CNG is .79c/gal in Utah (lowest in the nation). It burns much cleaner than gasoline and it’s made in the USA.
There are solutions for pickup and big rig truck conversions here in Utah. Request help with a conversion to duel fuel.
What do you think?
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January 5th, 2009 at 11:04 am
Yep I agree. Gas is cheap. We will not be paying sub $2.00 for very long. I actually looked around and found a site that will lock in your price for the next year, petrofix.com. I did this, and I think that there are a few other services that do the same thing.