Will Natural Gas be the Best Automobile Fuel of the Future?

natural gas carA general question to any modern mind about the statement of whether the Natural gas will be the best automobile fuel of the future becomes very complex. Indeed it needs one to look more deeply into the present economy and to reason out what the economists and the energy experts have to tell about. Once the present scenario of the energy situation of this world is taken into account, then one could clearly see the emerging market of the natural gas very well in front of us.

People would be really surprised to know the fact that, the ruler of the commodity world and the architect of the modern day economy, crude oil, is very fast losing its position as the number one fuel. It will be very difficult to digest for anyone to realize the truth that, the interest of the people worldwide is waning as far as crude oil is concerned. Indeed there is a prediction that within a span of some decades, this fossil fuel reserve will disappear from the face of earth completely.

Already things are underway and the energy experts have already chosen the next best successor as the natural gas, which till some decades back was blacklisted and labeled as the biggest form of nuisance gas since it caused a risk to the oil drillers. Natural gas production has already started peaking at its best, with reports underway that it is one of the cleanest fuels. Multinational companies and investors, have already started investing billions in the natural gas production companies worldwide.

Technological advances like the discovery of the LPG and the CNG, has indeed cheered up the industrial and domestic sectors alike. Research has very well shown that the compressed form of natural gas most commonly called as CNG, is the best way to reduce the level of air pollution, caused primarily due to the gases emanating from the automobile exhausts. Any automobile be it a car, a truck or for that reason any type of vehicle, can very well be run on natural gas, by fitting a CNG tank to the existing petrol or the diesel tank. Thus the vehicles can run by means of hybrid engines, which make it all the more efficient.

Though the initial conversion to the CNG will cost the individual initially, in the long run they would surely be able to break even the set up costs, since natural gas is much cheaper and economical when compared to the crude oil. Added to this Natural gas production researchers have discovered a new type of drilling technique called as the horizontal drilling, which helps in recovering the highest percentage of the trapped natural gas from the shale rocks. This has meant that the current natural gas production levels across the world, can very well meet the demands for this precious gas worldwide. Thus it can be said that the natural gas would truly be tomorrow’s fuel, which will surely drive the world economies to prosperity.

Chris Termeer

Chris Termeer is an oil and gas consultant, industry commentator and analyst. His book, Fundamentals of Investing in Oil and Gas provides a comprehensive overview of all aspects of the oil and gas industry, including exploration, drilling, production, storage, transportation and refining, to name but a few.

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