Natural gas is most commonly associated with its use in homes and buildings for heating and cooking. However, Compressed Natural Gas (“CNG”) is an alternative fuel source that can be used to power most types of vehicles instead of petroleum-based fuels such as gasoline or diesel.
CNG is a clean-burning, inexpensive and domestically produced fuel source that, until recently, has been vastly underutilized. This is changing as more and more companies recognize the benefits of CNG fueled vehicles and jump on the bandwagon to implement green initiatives and reduce operating costs through a more affordable fuel source.
CNG allows companies to more easily comply with federal and state emissions regulations because it burns more cleanly than traditional fuel sources. It also provides a significant fuel cost savings. Because CNG is produced domestically rather than globally, the production stream is more reliable and it is not subject to the unpredictable price increases of traditional fuel sources.
Numerous entities throughout the United States have started the transition to CNG fueled vehicles. For example, Paper Transport out of Green Bay, Wisconsin recently announced a move toward a more environmentally friendly fleet by purchasing a line of semi-trucks equipped with engines running on CNG. Similarly, the City of Detroit Waste Management initiated a new fleet of compressed natural gas trucks for use in waste and recycling collection throughout the City of Detroit. And several major automobile manufactures, including Ford, Honda, Chevrolet and Dodge already have CNG vehicles on the market.
The growth of CNG fueled vehicles is accompanied by a demand for CNG fueling stations. Many are hopeful that grants will soon be available to increase the availability of CNG fueling stations, further encouraging the use of CNG over traditional fuel sources.
Is CNG a smart move for your business?