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6 Stocks to Benefit From Truckers’ Switch to Natural Gas

CNBC -- By: Frank Byrt
Analyst

With $4-a-gallon gas and diesel at the pumps now and their prices sure to rise, natural gas is looking like a sure bet to replace diesel as the fuel of choice for the nation’s high-mileage truck fleet.

Given the boom in North America’s production of natural gas, there is a glut of it and it is selling at low prices not seen in a decade. Once converted to compressed natural gas (CNG) or liquefied natural gas (LNG) for use in compatible engines, it costs about 42 percent less than diesel on a per-gallon basis. The Department of Energy’s Energy Information Administration forecasts that this difference is likely to be long-lasting.

So far, natural-gas-powered long-haul trucks haven’t been a practical alternative to diesel,

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Submitted Apr 30, 2012 By: race2IT

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Vette1967 Champion Author Albany Posts:5,957 Points:1,274,050 Joined:Jun 2009	Message Posted: May 1, 2012 10:01:43 PM Ignore Vette1967 Report Abuse For the time being it looks good.
lesndave Champion Author Texas Posts:3,032 Points:700,180 Joined:May 2011	Message Posted: May 1, 2012 9:46:33 PM Ignore lesndave Report Abuse Good
Mark8601 All-Star Author Bakersfield Posts:913 Points:379,365 Joined:Dec 2011	Message Posted: May 1, 2012 7:40:10 PM Ignore Mark8601 Report Abuse LNG, LNG, LNG
DanMtz Champion Author Oakland Posts:3,345 Points:1,241,375 Joined:Oct 2009	Message Posted: May 1, 2012 7:02:40 PM Ignore DanMtz Report Abuse Good, I hope they continue to do well.
carranco Champion Author Georgia Posts:1,027 Points:268,265 Joined:Dec 2008	Message Posted: May 1, 2012 11:39:38 AM Ignore carranco Report Abuse We're not very far away from affordable alternative energy. These stations are being installed now.
LanguageMan1 Champion Author Tampa Posts:11,712 Points:1,659,840 Joined:Apr 2008	Message Posted: May 1, 2012 9:42:33 AM Ignore LanguageMan1 Report Abuse Some of them have been good investments for me lately. I'm sure they'll be good investments on a continuing basis for a while.
SUNOIL Champion Author Toledo Posts:5,235 Points:1,924,055 Joined:Jul 2007	Message Posted: May 1, 2012 5:48:28 AM Ignore SUNOIL Report Abuse Keep it cheap.
farmboyTN Champion Author Tennessee Posts:2,258 Points:447,605 Joined:Feb 2012	Message Posted: May 1, 2012 5:33:46 AM Ignore farmboyTN Report Abuse OK
browning305 Rookie Author Miami Posts:7 Points:16,180 Joined:Mar 2012	Message Posted: Apr 30, 2012 10:49:30 PM Ignore browning305 Report Abuse say that again
ExplorerWA Champion Author Washington Posts:4,073 Points:795,300 Joined:Feb 2011	Message Posted: Apr 30, 2012 9:43:08 PM Ignore ExplorerWA Report Abuse Good article and show the market will deliver without the need of government tax money.
SammyAdams Champion Author Tallahassee Posts:3,051 Points:791,810 Joined:Nov 2010	Message Posted: Apr 30, 2012 9:36:08 PM Ignore SammyAdams Report Abuse Great article! The high cost of crude (and ultimately diesel) has given these forward thinking companies the incentive to make the switch to LNG and CNG. While Cummins builds the engines for these vehicles, PACCAR designs and builds the trucks, and Clean Energy Fuels adding the fueling stations for CNG throughout the country, we have a natural relationship of companies providing services for their customers WITHOUT government subsidies. When people are free to SERVE others, America will solve the problems created by big government and will make a profit while bringing the price of fuel down for their customers. I wish all six of the companies mentioned in this article good success for a prosperous future.
packards42 Champion Author Washington Posts:6,442 Points:1,127,615 Joined:Feb 2005	Message Posted: Apr 30, 2012 7:56:19 PM Ignore packards42 Report Abuse I wish there was one near me, I convert my truck to natural gas.
jjjleblanc Champion Author Rochester Posts:5,867 Points:1,517,355 Joined:Jun 2008	Message Posted: Apr 30, 2012 7:22:58 PM Ignore jjjleblanc Report Abuse Good tips.
bandannaman Champion Author New Jersey Posts:1,849 Points:365,610 Joined:Dec 2010	Message Posted: Apr 30, 2012 7:05:00 PM Ignore bandannaman Report Abuse Thanks.
MidNJ Champion Author New Jersey Posts:7,546 Points:1,171,835 Joined:Sep 2009	Message Posted: Apr 30, 2012 6:59:56 PM Ignore MidNJ Report Abuse MORE, Yes, we are a long way from affordable alternative forms of energy, but in 1912, err, 1922, (oops I mean 1932) very few believed that an aeroplane could fly over the Atlantic Ocean from the United States and land in Paris, France.
buckets42 Champion Author New Jersey Posts:1,690 Points:329,550 Joined:Oct 2011	Message Posted: Apr 30, 2012 6:54:33 PM Ignore buckets42 Report Abuse Cool.
MOREDLEG Champion Author Missouri Posts:2,645 Points:610,010 Joined:May 2011	Message Posted: Apr 30, 2012 6:54:29 PM Ignore MOREDLEG Report Abuse we are a long way from affordable alternative forms of energy
brbaritone Champion Author Virginia Posts:2,063 Points:1,696,960 Joined:Jan 2007	Message Posted: Apr 30, 2012 6:45:58 PM Ignore brbaritone Report Abuse I just wish gas for vehicular use was widely available. I will buy a natural gas car as soon as I can fuel it consistently.
batloverNM Champion Author Albuquerque Posts:3,938 Points:1,393,365 Joined:Oct 2007	Message Posted: Apr 30, 2012 6:16:32 PM Ignore batloverNM Report Abuse We need to be using our own USA produced natural gas instead of importing oil.