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What's Stopping Mass Adoption of Natural Gas Vehicles?

Join Motley Fool analyst Brendan Byrnes for a conversation with Ian Scott, the executive vice president of Westport Innovations' On-Road Systems segment, which works with OEM partners such as Ford, Volvo, Kenworth, and Peterbilt to produce natural gas-0powered vehicles in the U.S. and elsewhere.

In the following video, Scott describes the progress being made in natural gas infrastructure among companies such as Clean Energy Fuels and Royal Dutch Shell, with as many as 560 stations projected to be in place by the end of 2015.



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fireant's picture

Nothing that I can see.

It's just a matter of time to get infrastructure built out.
Much will depend on the price of oil of course. If it were to go way down and stay down, the incentive of lower cost LNG fuel will diminish. The extraordinary supply of LNG however, makes it a viable fuel for a long time in the future.
Many large fleets are now converting, and fueling stations are being built across the country. The speed will depend on the price of gasoline. It won't be long before we start seeing private vehicles fueled with LNG. The cost differential, as it stands now, make it a slam dunk imo, not to mention it burns cleaner than oil based fuels.
As a matter of disclosure, I hold small investments in several NG companies.

Undo what Wilson did