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CNG- Compressed Natural Gas
HGA CAN HELP YOU WITH YOUR CNG INFRASTRUCTURE NEEDS
The discovery and development of Gas Shales in several states has opened a wide
array of opportunities for growth in the alternative fuel sector, specifically
in the areas of production and distribution of compressed natural gas (CNG).
Commerce and industrial interests are particularly well positioned to take
advantage of the benefits of the burgeoning trend toward widespread CNG use.
Louisiana and Oklahoma have far reaching tax credits to spur the development of
CNG Fueling facilities and vehicle conversion technologies. Other states are
attempting to do the same. There is developing national tax policy on this
issue.
WHAT ARE THE ADVANTAGES OF CNG DEVELOPMENT?
- CNG is plentiful. The Haynesville Shale is the largest natural gas find in
the American history. Developed with the Barnett, Marcellus, Fayetteville, Eagle
Ford Shales and others being discovered, the U.S. will have a cheap, reliable,
and abundant alternative energy source for decades to come.
- CNG helps reduce America’s dependence on foreign oil. Every gallon of
compressed natural gas used to power vehicles in the U.S. is one step in the
direction leading to America’s energy independence.
- CNG is a proven , cleaner fuel and is a viable alternative to gasoline and
diesel powered engines, capable of reducing exhaust emissions significantly,
from 40% - 90%.
Further support to these findings can be found in the article, “Compressed Natural Gas as a Vehicle Fuel – An Attractive Alternative,” written by two professional engineers at Hunt, Guillot, & Associates and published in the October 2011 Edition (three-part series) of the Independent Oil & Gas Association of West Virginia’s IOGA News.
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“Compressed Natural Gas as a Vehicle Fuel – An Attractive Alternative”
- The development of the nation’s natural Gas Shales when added to traditional
natural gas fields has increased the life of America’s known natural gas
reserves to as much as 150 years. Gas producing states must help lead the way to
US energy independence. Such independence is within our reach because of the
remarkable growth of natural gas reserves and the many efficient uses of natural
gas.
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