Friday, September 11, 2015

"The Economics of Natural Gas Vehicles"

"Natural gas prices, while historically volatile, have become a bit more predictable since the shale gas revolution took hold. These prices are expected to remain relatively stable for years to come, while oil prices constantly go up and down." "The U.S. Energy Information Administration projects that natural gas will cost $1 to $2 less than diesel and gasoline for many years to come."

Factors to consider when choosing natural gas vehicles:
  • Higher Acquisition Costs
  • Reduced Spending on Fuel
  • Similar Maintenance Spending
  • Effective Depreciation Costs
  • Leasing Costs

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