What is CNG?
CNG is a readily available alternative to gasoline that’s made by compressing natural gas to less than 1% of its volume at standard atmospheric pressure. Consisting mostly of methane, CNG is odorless, colorless and tasteless. It's drawn from domestically drilled natural gas wells or in conjunction with crude oil production.
Natural gas powers more than 12 million vehicles on the road today. Unfortunately, 250,000 of these are being used in the U.S., according to GE. The average growth rate in the U.S. shows a 3.7% increase per year since 2000, as contrasted with a booming global growth rate of 30.6% per year.
Expanding the numbers of CNG fueling stations would allow for the increase of CNG vehicles on U.S. roads. There are 12,000 around the world, yet the U.S. claims about 500 public stations. New technologies and greater demand mean that the number of new stations is climbing rapidly.
However, as gasoline prices continue to rise, American interest in CNG is rising, and with good reason – CNG costs about 50% less than gasoline or diesel, emits up to 90% fewer emissions than gasoline and* there’s an abundant supply right here in America. So it’s clean, affordable abundant and American.
*Emissions reductions may vary by pollutant and make/model of vehicle.
It's Affordable. Switching to CNG means paying about half as much at the pump.
Compressed natural gas (CNG) is an affordable alternative when compared to gasoline or diesel fuel. CNG can cut fuel costs by about 50% while delivering the same power and performance. In addition, with fuel emissions standards rising in cities more fleet organizations are seeing the value natural gas can add to their budgets.
Meanwhile, record U.S. natural gas production – a landmark study showed supply far exceeds government forecasts – and storage levels assure reasonable prices for the foreseeable future. In the past five years, natural gas prices have risen much less than many other commodities.