Unreported economy story: CNG could solve US foreign oil dependence within 2-3 years


Filling up a CNG-powered RAM pickup truck

Fiat and Chrysler CEO Sergio Marchionne said during the weekend before last at an industry convention in China that it is “most shocking” that the United States auto industry is not throwing its might behind natural gas, which has been found in abundance in its home country.

“A rapid adoption of CNG as a fuel source for automotive applications would almost instantly kill the reliance on foreign oil, and it would bring about a substantial reduction in emissions,” said Marchionne. “Those are opportunities that need to be grabbed and they need to be industrialized. Especially with large vehicles like pickups and large SUVs, we could probably accommodate the installation of CNG tanks within the next 24 to 36 months…”

But though Marchionne’s newsworthy views were offered on the sidelines of the convention in Shanghai, his talk about the paradigm-shifting potential of CNG was…

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Foundation Engineers. Foundation & Piling Equipment & Tools. Utility.
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