The benefits of NGVs and propane autogas vehicles have been widely established and publicized. These include:
- Reduced dependence on foreign oil(based on ample domestic supplies now and for the foreseeable future);
- Better fuel price stability and reduced fuel costs in the long run;
- Reduced tailpipe and well-to-wheel emissions (as compared to gasoline and diesel counterparts);
- Reduced fuel and maintenance expenses, often leading to a lower TCO.
Natural Gas is readily available to end-users through a utility pipeline, and exploration in the United States has led to the discovery of significant new natural gas reserves. In recent years, 80% to 90% of the natural gas used in the United States was domestically produced. And yes, it is significantly less harmful to our environment.
Commercial fleets have been utilizing natural gas for the last 50 years. Its low cost and stable pricing made it attractive during the 1970 Oil Embargo, and those benefits continue today. There are approximately 14.8 million natural gas vehicles (NGV) worldwide – about 112,000 in the U.S. NGV power, acceleration, fuel economy, range and cruise speed are comparable to gasoline or diesel vehicles.