Gas as vehicle fuel

06/04/2012
Should natural gas displace gasoline and diesel as vehicle fuels in the US? Many gas producers think so. They might be right. Producers have powerful motivation to see transport markets embrace gas. Their innovation and investment have flipped the overall gas market from shortage to surplus. For their transformational achievement they have been rewarded with punishingly low gas prices. Relief requires short-term restraint on supply and longer-term growth of consumption. Supply restraint is under way. Although gas production is rising, much is shut in because of price distress. If new demand emerges, supply will meet it. The faster it happens, whether by expansion of existing markets or de...
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