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Natural Gas Revolution Could Transform Auto

The boom in natural gas production in the U.S. has ignited a revolution in the auto sector that could reshape the way Americans fuel their vehicles, market participants and analysts said in a week-long special on FOX Business.Technological advancements in hydraulic fracturing, or "fracking," and horizontal drilling have led to a surge in natural gas production. In fact, production is up 25% from 2007 to a record in 2012, according to the U.S. Energy Information Administration.BP Capital Chairman and CEO T. Boone Pickens has been one of the most vocal advocates for using natural gas as transportation fuel."It's 30% cleaner than diesel, cheaper by two dollars a gallon," Pickens said in an interview on FOX Business. "We have more natural gas than any other country in the world." The transportation sector serves as a model of the changes Pickens envisions taking shape in coming decades.The heavy-duty truck industry is on the verge of making the switch from gasoline to natural gas now that ...

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  1. Ford Adds Natural Gas Option to F-150 Pickup

    Ford Motor Co. (NYSE:F) plans to launch a version of its top-selling F-150 pickup truck that will run on compressed natural gas, responding to growing demand from co...

  2. UPS to expand natural -gas truck fleet

    United Parcel Service Inc said it will buy about 700 liquefied natural gas (LNG) vehicles and build four refueling stations by the end of 2014, as the logistics and ...

  3. Key US Senator Starts Work On Natural Gas Bill, Mulls Export Restrictions

    Sen. Ron Wyden (D. Ore.), one of the leading voices on energy policy in the U.S. Senate, is laying the groundwork for a broad-based energy bill that could impose new...

  4. Analysis: Thrifty truckers wary of pricey natural gas vehicles

    Truckers considering natural gas as an alternative to high-priced diesel say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high fo...

  5. Analysis: On the road, propane stakes claim as cheap, clean fuel

    Home satellite TV provider DISH Network Corp has signed a deal to run 200 of its trucks on propane, in the latest indication that the niche fuel could soon rival nat...

  6. The Pros and Cons of Natural -Gas Vehicles

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  7. Wasted Energy: Our Failure to Plan

    Recently, a news story reported that our neighbor to the north was richer than us. Yes, the average Canadian is worth more now than the average American.Some claim t...

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