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Monday, September 01, 2008

87 cents a gallon??! 



That's right folks, that is what they are paying to fuel up on natural gas in Utah.

Read more about it here, in the NY Times.

Utah is the first state to have large consumer surge in natural gas driving, though Oklahoma is experiencing something of one, too, and large has to be qualified because even by the highest estimates there are 20,000 natural gas vehicles on the road out of 2.7 million vehicles registered in Utah.

Still there are signs of significance, perhaps even a local tipping point, there is substantial backlog on orders for the Honda Civic GX, the only car powered by natural gas made by a major automaker in the America. People are paying to convert their SUVs to run on natural gas. There is a gray market for conversion.

Interesting.

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