Inhofe: “In my hometown of Tulsa, OK, for example, a person can … refuel their CNG … cars for just 91 cents per gallon”
In 2007, 130,000 Natural Gas Vehicles (NGVs) were operating on America’s roads consuming just 0.052 percent. NGV America states that, “even if that number were to increase 100-fold in the next ten years to 11,000,000, or roughly 5 percent of the entire vehicle market (a formidable goal), the impact on natural gas supplies and the natural gas delivery infrastructure would be small — equating about 4 percent of total U.S. natural gas consumption.”
The good news about natural gas as a transportation fuel, in addition to being abundant and clean, is that it is inexpensive. In April, the Department of Energy reported that the average nationwide price of a gallon of gas equivalent to CNG was just $2.04 per gallon. In some regions of the country prices are even lower -in Rocky Mountain States CNG costs average just $1.26 per gallon. In fact, many state and local governments, businesses, and consumers have been able to cut their fuel bills by more than half when utilizing natural gas as a transportation fuel.