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Study: Shale Oil to Pressure World Prices
The National via Rig Zone ^ | July 06, 2012 | April Yee|

Posted on 07/09/2012 6:01:54 AM PDT by thackney

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To: thackney

12,000 miles per year is well below average. Try 15,000 to 20,000 and the payback period improves considerably. This is for private individual use also. High annual mileage fleets with gasoline engines should be incented to convert. Use this windfall, support it. Benefit. We need all the help we can get and this is a literal godsend.


41 posted on 07/09/2012 1:14:36 PM PDT by RegulatorCountry
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To: thackney
$10,000 conversion kit.

Hell, you could get a used CNG F150 for that. (cngvehicles.net)

Most places have NG pipelines for heating, including gas stations. It's only a matter of time before they buy their own commercial compressors and start filling vehicles.

Right now, the home setup looks like the way to go.

42 posted on 07/09/2012 1:23:55 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: thackney

That is a valuable distinction.


43 posted on 07/09/2012 2:12:07 PM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: RegulatorCountry
Put a floor on the domestic price, at $70.00 per barrel.

Tell me what that means in execution. Are refineries "required by law" to purchase domestic oil "if available" even if cheaper imported is available?

Oil from every source is not equally available at all facilities. Crude oil in general is fungible, but as we have seen with the Keystone XL pipeline, transportation can be significantly limited in places.

44 posted on 07/10/2012 4:42:16 AM PDT by thackney (life is fragile, handle with prayer)
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To: RegulatorCountry
12,000 miles per year is well below average. Try 15,000 to 20,000 and the payback period improves considerably.

15~20k is farther above the 13,500 national average than I am below it.

verage Annual Miles per Driver by Age Group
http://www.fhwa.dot.gov/ohim/onh00/bar8.htm

nd the payback period improves considerably.

But my 14 mpg is a greater ratio below the average than my mileage. If you use national averages for both values, the payback time gets worse, not better.

High annual mileage fleets with gasoline engines should be incented to convert.

Many fleet service vehicles like garbage trucks, UPS, etc are already changing to CNG or LNG. We don't need to spend taxpayer money to give them reasons to save their own money in fuel.

45 posted on 07/10/2012 4:56:19 AM PDT by thackney (life is fragile, handle with prayer)
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To: ROCKLOBSTER
$10,000 conversion kit.

Hell, you could get a used CNG F150 for that. (cngvehicles.net)

Maybe a ten year old CNG pickup. Pretty slim choices at $10k.

http://cngvehicles.net/autos_asearch.php?te_mode=table&te_asearch=true&auto_type=&te_obField=sort_order&te_obDir=DESC&locationID=&yearMade=|&price=10000&make=&model=

46 posted on 07/10/2012 5:03:17 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
Maybe a ten year old CNG pickup. Pretty slim choices at $10k.

Why, doesn't it work anymore? A pickup is a pickup.

A ten year old CNG pickup blows the doors off a brand new $3.50 gas guzzler.

I never understood why people buy new cars anyway, just to see them radically depreciate the second they drive them off the lot.

47 posted on 07/10/2012 6:31:26 AM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: thackney
Even if the supply of CNG service stations and vehicles became abundant, most people could not afford the switch without getting value for their current vehicle or continuing to run it until it dies.

That is the grey area......how rapidly will CNG be adopted.

It is looking very promising here in the Marcellus/Utica as many cities have committed to slowly convert their bus/trash/snow vehicles to CNG. Many local delivery groups have done the same for their trucks.

But, you are correct. Time will tell.

48 posted on 07/10/2012 6:33:16 AM PDT by Erik Latranyi (When religions have to beg the gov't for a waiver, we are already under socialism.)
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To: ROCKLOBSTER
Why, doesn't it work anymore? A pickup is a pickup.

A ten year old CNG pickup blows the doors off a brand new $3.50 gas guzzler.

I tend to buy new vehicles and maintain them until they have almost no resale value. I'm not interested in buying someone else's worn out problems. I buy very basic vehicles. My full size truck in 2008 cost $15k. Dollars per mile is my criteria on long term use.

New F150 are getting ~20 mpg. Updating my past calculation to 15,000 miles per year and 20 mpg only stretches the payback out farther. Getting close to seven years without buying a home refueling system.

49 posted on 07/10/2012 7:12:09 AM PDT by thackney (life is fragile, handle with prayer)
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To: ROCKLOBSTER
Why, doesn't it work anymore? A pickup is a pickup.

A ten year old CNG pickup blows the doors off a brand new $3.50 gas guzzler.

I tend to buy new vehicles and maintain them until they have almost no resale value. I'm not interested in buying someone else's worn out problems. I buy very basic vehicles. My full size truck in 2008 cost $15k. Dollars per mile is my criteria on long term use.

New F150 are getting ~20 mpg. Updating my past calculation to 15,000 miles per year and 20 mpg only stretches the payback out farther. Getting close to seven years without buying a home refueling system.

50 posted on 07/10/2012 7:12:31 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney

I refuse to pay a nickel to the UAW thieves.


51 posted on 07/10/2012 2:40:03 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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