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GasBuddy News Article

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Natural Gas Trucking And Bus Markets Positioned For An Upswing

NGT News -- Trucking powered by natural gas is poised to grow at a compound annual growth rate (CAGR) of 14% between 2012 and 2019, and the market for natural gas buses is expected to grow at a CAGR of 19% during the same period.

Heavier use of natural gas in each of these transportation sectors is being driven largely by lower fuel costs and emissions, compared to diesel. Fleet managers are increasingly turning to natural gas as a means to meet more stringent environmental regulations, as well as to save substantial capital on fueling.

Generally, original equipment manufacturers (OEMs) can build trucks and shuttle buses on assembly lines, or truck body builders or conversion companies can convert them from other vehicles. OEMs manufacture most heavy-duty transit buses on their standard assembly


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Submitted Sep 06, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Natural Gas Trucking And Bus Markets Positioned For An Upswing Back to Topics
REPLIES (newest first) Post a Reply
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remay
Champion Author Houston

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Message Posted: Sep 7, 2012 5:48:05 AM

Only 14%? It needs to be greater than that.
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ClarkSC
Champion Author South Carolina

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Message Posted: Sep 6, 2012 5:54:31 AM

Makes sense.
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Dodge_Me
Champion Author Atlanta

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Message Posted: Sep 6, 2012 5:10:40 AM

Hmm
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Jeffro61
Champion Author Cleveland

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Message Posted: Sep 6, 2012 5:08:51 AM

Good, we have it, use it. Frack on.
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Bonanza
Champion Author Boston

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Message Posted: Sep 6, 2012 5:06:48 AM

Hopefully, this won't cause NG prices to rise
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LeeFree
Champion Author Pittsburgh

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Message Posted: Sep 6, 2012 5:03:53 AM

A logical first step for broader conversion later on.
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ystr
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Message Posted: Sep 6, 2012 5:01:23 AM

ok
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gws2980
Champion Author Philadelphia

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Message Posted: Sep 6, 2012 5:00:29 AM

Trucks and buses use the most fuel
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Boo1989
Champion Author Atlanta

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Message Posted: Sep 6, 2012 4:53:44 AM

"Somehow we have to figure out how to boost the price of gasoline to the levels in Europe." steven chu, obama's energy secretary.

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bababooey2
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Message Posted: Sep 6, 2012 4:50:43 AM

Let see what happens next.
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ILVET
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Message Posted: Sep 6, 2012 4:50:36 AM

Time will tell
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hawkman1950
Champion Author Michigan

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Message Posted: Sep 6, 2012 4:48:35 AM

Good for them, now put them in cars and build fueling stations all across America.
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SUPERSTEVIEO
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Message Posted: Sep 6, 2012 4:45:12 AM

OK... so will bus ticket costs go down???
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FMREALTOR
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Message Posted: Sep 6, 2012 4:42:54 AM

This is good!
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cheapertvs
Champion Author Richmond

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Message Posted: Sep 6, 2012 4:42:40 AM

This move to natural gas powered trucks is very positive indeed.
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Dailyrun
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Message Posted: Sep 6, 2012 4:42:27 AM

That is a decent option.
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flsharktooth
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Message Posted: Sep 6, 2012 4:41:06 AM

building a foundation
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gassy4u
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Message Posted: Sep 6, 2012 4:40:51 AM

K
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neptune2008
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Message Posted: Sep 6, 2012 4:39:14 AM

there are more alternatives.....too
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hogfan24
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Message Posted: Sep 6, 2012 4:38:42 AM

Ok
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stratlinetime
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Message Posted: Sep 6, 2012 4:38:31 AM

Ok
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epf
Champion Author Grand Rapids

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Message Posted: Sep 6, 2012 4:36:27 AM

Just be smart about it!

Get It Right on Gas
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NGEFE
All-Star Author Provo

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Message Posted: Sep 6, 2012 4:34:53 AM

I am excited for such changes.
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BEngr
Champion Author Illinois

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Message Posted: Sep 6, 2012 4:33:40 AM

Very interesting article. It makes good sense to use natural gas because it is a domestic product.
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Tiput
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Message Posted: Sep 6, 2012 4:32:57 AM

we depend too much on gasoline. it is not about to change.
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vamike
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Message Posted: Sep 6, 2012 4:32:45 AM

Sounds good.
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bikechuck
Champion Author Indianapolis

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Message Posted: Sep 6, 2012 4:29:25 AM

Good to make use of our natural resources and lower the overhead for consumers.
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StrangeLuv
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Message Posted: Sep 6, 2012 4:28:24 AM

Meh...
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lpatti1
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Message Posted: Sep 6, 2012 4:27:36 AM

Great!
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abacus44
Champion Author Toms River

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Message Posted: Sep 6, 2012 4:26:51 AM

Its a start, need to see more refuelling stations on the road for the average motorist.
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LogansGasPrices
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Message Posted: Sep 6, 2012 4:26:13 AM

Whatever
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bustermoves
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Message Posted: Sep 6, 2012 4:25:43 AM

ok
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AvantiMick
Champion Author Indiana

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Message Posted: Sep 6, 2012 4:25:39 AM

Doubt it.!
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LogansGasPrices
Champion Author Indiana

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Message Posted: Sep 6, 2012 4:22:38 AM

Good
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Ziggy1962
Champion Author New Jersey

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Message Posted: Sep 6, 2012 4:19:36 AM

Need more places to refuel.
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MadTraveler
Champion Author Idaho

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Message Posted: Sep 6, 2012 4:17:28 AM

Yep. I'm for moving a little this way. Problem, prices of natural gas will go up. So be careful.
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Cachase1
Champion Author Oklahoma City

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Message Posted: Sep 6, 2012 4:15:53 AM

There are plenty of places to refuel here.
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Rednix
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Message Posted: Sep 6, 2012 4:15:36 AM

I know that's right.
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batman2010
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Message Posted: Sep 6, 2012 4:13:38 AM

ok
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etothek
Champion Author Pennsylvania

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Message Posted: Sep 6, 2012 4:10:43 AM

Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
Convert all automobiles to natural gas!!!
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joko0
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Message Posted: Sep 6, 2012 4:02:06 AM

Ok
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spiderjay
Champion Author Little Rock

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Message Posted: Sep 6, 2012 4:01:46 AM

feed the truckers chilli & they will never need to refuel
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don10
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Message Posted: Sep 6, 2012 3:59:01 AM

nfl game was much better than the dnc was
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gabbygusIN
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Message Posted: Sep 6, 2012 3:58:10 AM

Sounds good
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jcdakota
Champion Author Baltimore

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Message Posted: Sep 6, 2012 3:51:39 AM

Good idea unless natural gas prices skyrocket !!
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Pozole
Champion Author Portland

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Message Posted: Sep 6, 2012 3:49:56 AM

...as soon as everyone's converted to nat. gas, they'll jack the prices sky high...
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pepinoNC
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Message Posted: Sep 6, 2012 3:49:30 AM

Great.
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fratt
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Message Posted: Sep 6, 2012 3:49:06 AM

Ok.
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lenasdude
All-Star Author Alaska

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Message Posted: Sep 6, 2012 3:49:02 AM

We'll see what happens when the chips are down.
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TravelinMan52
Champion Author Augusta

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Message Posted: Sep 6, 2012 3:44:46 AM

What type of fuel economy do Natural Gas vehicles get these days??
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