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Natural Gas Trucking And Bus Markets Positioned For An Upswing

NGT News -- Trucking powered by natural gas is poised to grow at a compound annual growth rate (CAGR) of 14% between 2012 and 2019, and the market for natural gas buses is expected to grow at a CAGR of 19% during the same period.

Heavier use of natural gas in each of these transportation sectors is being driven largely by lower fuel costs and emissions, compared to diesel. Fleet managers are increasingly turning to natural gas as a means to meet more stringent environmental regulations, as well as to save substantial capital on fueling.

Generally, original equipment manufacturers (OEMs) can build trucks and shuttle buses on assembly lines, or truck body builders or conversion companies can convert them from other vehicles. OEMs manufacture most heavy-duty transit buses on their standard assembly

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Submitted Sep 06, 2012 By: skb69sa

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remay Champion Author Houston Posts:6,948 Points:2,113,615 Joined:May 2006	Message Posted: Sep 7, 2012 6:48:05 AM Ignore remay Report Abuse Only 14%? It needs to be greater than that.
ClarkSC Champion Author South Carolina Posts:3,063 Points:1,008,480 Joined:May 2010	Message Posted: Sep 6, 2012 6:54:31 AM Ignore ClarkSC Report Abuse Makes sense.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:553,230 Joined:Mar 2006	Message Posted: Sep 6, 2012 6:10:40 AM Ignore Dodge_Me Report Abuse Hmm
Jeffro61 Champion Author Cleveland Posts:2,252 Points:2,281,870 Joined:Oct 2005	Message Posted: Sep 6, 2012 6:08:51 AM Ignore Jeffro61 Report Abuse Good, we have it, use it. Frack on.
Bonanza Champion Author Boston Posts:12,063 Points:2,547,005 Joined:Jun 2004	Message Posted: Sep 6, 2012 6:06:48 AM Ignore Bonanza Report Abuse Hopefully, this won't cause NG prices to rise
LeeFree Champion Author Pittsburgh Posts:9,136 Points:2,240,525 Joined:Jun 2005	Message Posted: Sep 6, 2012 6:03:53 AM Ignore LeeFree Report Abuse A logical first step for broader conversion later on.
ystr Champion Author New Jersey Posts:1,702 Points:344,765 Joined:Apr 2012	Message Posted: Sep 6, 2012 6:01:23 AM Ignore ystr Report Abuse ok
gws2980 Champion Author Philadelphia Posts:2,171 Points:498,015 Joined:Oct 2010	Message Posted: Sep 6, 2012 6:00:29 AM Ignore gws2980 Report Abuse Trucks and buses use the most fuel
Boo1989 Champion Author Atlanta Posts:7,158 Points:1,346,605 Joined:Oct 2008	Message Posted: Sep 6, 2012 5:53:44 AM Ignore Boo1989 Report Abuse "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe." steven chu, obama's energy secretary.
bababooey2 Champion Author Hartford Posts:6,332 Points:1,298,840 Joined:Sep 2009	Message Posted: Sep 6, 2012 5:50:43 AM Ignore bababooey2 Report Abuse Let see what happens next.
ILVET Champion Author Illinois Posts:14,779 Points:2,922,690 Joined:Jan 2005	Message Posted: Sep 6, 2012 5:50:36 AM Ignore ILVET Report Abuse Time will tell
hawkman1950 Champion Author Michigan Posts:2,609 Points:537,630 Joined:Aug 2010	Message Posted: Sep 6, 2012 5:48:35 AM Ignore hawkman1950 Report Abuse Good for them, now put them in cars and build fueling stations all across America.
SUPERSTEVIEO Champion Author Quebec Posts:3,523 Points:787,115 Joined:Oct 2010	Message Posted: Sep 6, 2012 5:45:12 AM Ignore SUPERSTEVIEO Report Abuse OK... so will bus ticket costs go down???
FMREALTOR Champion Author Florida Posts:6,390 Points:1,694,080 Joined:Jan 2007	Message Posted: Sep 6, 2012 5:42:54 AM Ignore FMREALTOR Report Abuse This is good!
cheapertvs Champion Author Richmond Posts:10,269 Points:2,738,795 Joined:Jan 2004	Message Posted: Sep 6, 2012 5:42:40 AM Ignore cheapertvs Report Abuse This move to natural gas powered trucks is very positive indeed.
Dailyrun Champion Author Kentucky Posts:1,962 Points:384,840 Joined:Apr 2012	Message Posted: Sep 6, 2012 5:42:27 AM Ignore Dailyrun Report Abuse That is a decent option.
flsharktooth All-Star Author Jacksonville Posts:891 Points:616,210 Joined:Apr 2011	Message Posted: Sep 6, 2012 5:41:06 AM Ignore flsharktooth Report Abuse building a foundation
gassy4u Champion Author Mobile Posts:3,763 Points:1,326,210 Joined:Sep 2005	Message Posted: Sep 6, 2012 5:40:51 AM Ignore gassy4u Report Abuse K
neptune2008 Champion Author Michigan Posts:8,558 Points:1,666,800 Joined:Aug 2008	Message Posted: Sep 6, 2012 5:39:14 AM Ignore neptune2008 Report Abuse there are more alternatives.....too
hogfan24 Champion Author Arkansas Posts:1,966 Points:499,300 Joined:Dec 2011	Message Posted: Sep 6, 2012 5:38:42 AM Ignore hogfan24 Report Abuse Ok
stratlinetime Champion Author Kalamazoo Posts:2,266 Points:560,910 Joined:Feb 2011	Message Posted: Sep 6, 2012 5:38:31 AM Ignore stratlinetime Report Abuse Ok
epf Champion Author Grand Rapids Posts:6,319 Points:1,888,430 Joined:May 2004	Message Posted: Sep 6, 2012 5:36:27 AM Ignore epf Report Abuse Just be smart about it! Get It Right on Gas
NGEFE Veteran Author Provo Posts:339 Points:464,725 Joined:Jun 2011	Message Posted: Sep 6, 2012 5:34:53 AM Ignore NGEFE Report Abuse I am excited for such changes.
BEngr Champion Author Illinois Posts:6,696 Points:1,576,940 Joined:May 2008	Message Posted: Sep 6, 2012 5:33:40 AM Ignore BEngr Report Abuse Very interesting article. It makes good sense to use natural gas because it is a domestic product.
Tiput Champion Author Ottawa Posts:1,980 Points:461,125 Joined:Jul 2011	Message Posted: Sep 6, 2012 5:32:57 AM Ignore Tiput Report Abuse we depend too much on gasoline. it is not about to change.
vamike Champion Author Virginia Posts:5,305 Points:1,362,025 Joined:Dec 2008	Message Posted: Sep 6, 2012 5:32:45 AM Ignore vamike Report Abuse Sounds good.
bikechuck Champion Author Indianapolis Posts:6,996 Points:2,060,195 Joined:Apr 2006	Message Posted: Sep 6, 2012 5:29:25 AM Ignore bikechuck Report Abuse Good to make use of our natural resources and lower the overhead for consumers.
StrangeLuv Champion Author Kansas City Posts:3,670 Points:898,020 Joined:Jul 2008	Message Posted: Sep 6, 2012 5:28:24 AM Ignore StrangeLuv Report Abuse Meh...
lpatti1 Champion Author Philadelphia Posts:10,181 Points:1,959,260 Joined:Sep 2005	Message Posted: Sep 6, 2012 5:27:36 AM Ignore lpatti1 Report Abuse Great!
abacus44 Champion Author Toms River Posts:3,460 Points:744,490 Joined:Jan 2011	Message Posted: Sep 6, 2012 5:26:51 AM Ignore abacus44 Report Abuse Its a start, need to see more refuelling stations on the road for the average motorist.
LogansGasPrices Champion Author Indiana Posts:1,639 Points:1,037,390 Joined:Sep 2005	Message Posted: Sep 6, 2012 5:26:13 AM Ignore LogansGasPrices Report Abuse Whatever
bustermoves Champion Author Fort Worth Posts:3,470 Points:690,625 Joined:Apr 2010	Message Posted: Sep 6, 2012 5:25:43 AM Ignore bustermoves Report Abuse ok
AvantiMick Champion Author Indiana Posts:12,727 Points:2,539,620 Joined:Dec 2005	Message Posted: Sep 6, 2012 5:25:39 AM Ignore AvantiMick Report Abuse Doubt it.!
LogansGasPrices Champion Author Indiana Posts:1,639 Points:1,037,390 Joined:Sep 2005	Message Posted: Sep 6, 2012 5:22:38 AM Ignore LogansGasPrices Report Abuse Good
Ziggy1962 Champion Author New Jersey Posts:5,727 Points:1,807,760 Joined:Aug 2006	Message Posted: Sep 6, 2012 5:19:36 AM Ignore Ziggy1962 Report Abuse Need more places to refuel.
MadTraveler Champion Author Idaho Posts:2,082 Points:572,100 Joined:Nov 2009	Message Posted: Sep 6, 2012 5:17:28 AM Ignore MadTraveler Report Abuse Yep. I'm for moving a little this way. Problem, prices of natural gas will go up. So be careful.
Cachase1 Champion Author Oklahoma City Posts:11,435 Points:2,377,180 Joined:Aug 2003	Message Posted: Sep 6, 2012 5:15:53 AM Ignore Cachase1 Report Abuse There are plenty of places to refuel here.
Rednix Champion Author Miami Posts:6,143 Points:1,272,810 Joined:Jul 2009	Message Posted: Sep 6, 2012 5:15:36 AM Ignore Rednix Report Abuse I know that's right.
batman2010 Champion Author Toronto Posts:1,653 Points:1,011,780 Joined:Jan 2010	Message Posted: Sep 6, 2012 5:13:38 AM Ignore batman2010 Report Abuse ok
etothek Champion Author Pennsylvania Posts:1,628 Points:327,755 Joined:Jun 2012	Message Posted: Sep 6, 2012 5:10:43 AM Ignore etothek Report Abuse Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!! Convert all automobiles to natural gas!!!
joko0 Champion Author New Jersey Posts:1,950 Points:561,915 Joined:Oct 2008	Message Posted: Sep 6, 2012 5:02:06 AM Ignore joko0 Report Abuse Ok
spiderjay Champion Author Little Rock Posts:4,773 Points:1,282,235 Joined:Oct 2005	Message Posted: Sep 6, 2012 5:01:46 AM Ignore spiderjay Report Abuse feed the truckers chilli & they will never need to refuel
don10 Champion Author North Carolina Posts:1,507 Points:306,355 Joined:Jun 2012	Message Posted: Sep 6, 2012 4:59:01 AM Ignore don10 Report Abuse nfl game was much better than the dnc was
gabbygusIN Champion Author Indiana Posts:7,221 Points:1,556,950 Joined:Oct 2008	Message Posted: Sep 6, 2012 4:58:10 AM Ignore gabbygusIN Report Abuse Sounds good
jcdakota Champion Author Baltimore Posts:1,347 Points:361,345 Joined:Nov 2010	Message Posted: Sep 6, 2012 4:51:39 AM Ignore jcdakota Report Abuse Good idea unless natural gas prices skyrocket !!
Pozole Champion Author Portland Posts:9,578 Points:1,591,595 Joined:Mar 2005	Message Posted: Sep 6, 2012 4:49:56 AM Ignore Pozole Report Abuse ...as soon as everyone's converted to nat. gas, they'll jack the prices sky high...
pepinoNC Champion Author Raleigh Posts:2,138 Points:655,865 Joined:May 2011	Message Posted: Sep 6, 2012 4:49:30 AM Ignore pepinoNC Report Abuse Great.
fratt Champion Author Grand Rapids Posts:9,810 Points:2,642,005 Joined:Jul 2005	Message Posted: Sep 6, 2012 4:49:06 AM Ignore fratt Report Abuse Ok.
lenasdude All-Star Author Alaska Posts:970 Points:1,014,855 Joined:Jun 2005	Message Posted: Sep 6, 2012 4:49:02 AM Ignore lenasdude Report Abuse We'll see what happens when the chips are down.
TravelinMan52 Champion Author Augusta Posts:1,910 Points:960,720 Joined:May 2008	Message Posted: Sep 6, 2012 4:44:46 AM Ignore TravelinMan52 Report Abuse What type of fuel economy do Natural Gas vehicles get these days??