With approximately eight million heavy- and medium-weight trucks consuming three million barrels of oil a day, or nearly 15 percent of the United States’ total daily consumption, the trucking industry has a huge opportunity to make a lasting impact on oil dependance. A few recent developments point to a possible shift to truck fleets running on natural gas, which emits less CO2 than gasoline and diesel and is abundant here in the United States.
The American Taxpayer Relief Act of 2012 included several incentives that benefit the alternative fuels industry through the end of 2013. The credits will help lower the price of alternative fuels and make them more competitive with fossil fuels, as well as help start-ups grow their businesses.
Natural gas as an alternative to oil has been a heated topic of debate. With the release of films like “Gaslands” and other calls for alarm in the media, it’s become difficult to discern reality from unfounded anxiety. We’ve tried to clarify this complex issue by laying out the basic arguments and evidence from both sides of the camp. With the lower emissions of natural gas and its position as a currently cheaper and domestically produced alternative to imported oil, there seems to be a strong case for natural gas as an intermediate solution to help ease America’s oil addiction while we refine more long-term sustainable alternatives.