
Demand for oil worldwide is growing steadily while supply is not. America imports more than 60% of the petroleum it uses. The cry for energy security and independence is increasing.
Of the petroleum used in the United States every day, transportation accounts for over 60% — by far the largest consumer. Adding to the import challenge, petroleum products, particularly diesel used in medium- and heavy-duty vehicles, pollute heavily. And the cost of petroleum has risen rapidly, threatening the United States economy.
At the same time, natural gas is recognized globally as a transportation fuel with steady growth. America produces about 85% of the natural gas it uses with another 13% coming from Canada — barely 2% is from outside North America. Natural gas supplies are secure and abundant. Natural gas is inherently low in carbon with far lower harmful emissions than diesel, including greenhouse gas emissions — it’s the cleanest commercially available alternative fuel for transportation today. In fact, natural gas (CH4) is mostly Hydrogen. And natural gas for transportation costs less than gasoline or diesel. |
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