US energy reserves in the form of natural gas are about 80% larger than its petroleum reserves. Future drilling will add modestly to either reserve with the likelihood that new natural gas reserves will be more significant.
T. Boone Pickens is proposing to use more natural gas as fuel for automobiles. His ads are gaining traction and many people are beginning to ask themselves if a Compressed Natural Gas or CNG powered car is in their future.
The answer depends on knowing three simple facts; is CNG really much less expensive than gasoline, is CNG readily available, and are commercial cars with bi-fuel capability available for sale? The answers are yes, no, yes.
Natural gas can be offered at a significantly lower price than gasoline. In a...