PACCAR Australia and Westport to Produce Natural Gas Trucks 8:00 AM ET, December 10, 2008 VANCOUVER, BRITISH COLUMBIA, Dec 10, 2008 (Marketwire via COMTEX) — Westport Innovations Inc. (WPT)(US:WPRT) and PACCAR Australia Pty Ltd. (”PACCAR”) announced today that the companies will develop and commercialise liquefied natural gas (LNG) Kenworth trucks for the Australian market. Australia’s Kenworth Trucks, a division of PACCAR, plan to begin factory-installed production in mid-2009 beginning with the T908, K108 and T408SAR truck chassis and roll out across additional models …
Entries Tagged as 'NG powered cars and trucks'
NG Trucks to be built in Australia
December 3rd, 2008 · No Comments
Tags: NG powered cars and trucks
U.S. Natural Gas Seen to Be Superabundant
August 10th, 2008 · 10 Comments
A study released on 7/30/08 by Amercan Clean Skies Foundation and Navigant Consulting states that U.S. unconventional natural gas deposits are sufficient to supply 118 years of U.S. demand at 2007 levels. Newly developed fracking and horizontal drilling techniques have made it possible to recover enormous quantities of gas from tight sands, coalbed methane, and gas shale formations, reports the Oil & Gas Journal (8/4/08) On the demand side, some leaders are starting to advocate the use of NG in lieu of petroleum to power cars. Two Congressmen, Rahm …
Tags: COAL · Energy Policy · NATURAL GAS · NG powered cars and trucks · Natural Gas Stocks · demand for gas · electrical generation · oil demand · price of natural gas · shale and coal bed methane · solar stocks · supply of gas · vehicles powered by NG
Newsletter #17: August 5, 2008
August 4th, 2008 · 18 Comments
The economy, the stock market, and our understanding of the future direction for energy and transportation may all be on the brink of major changes . This letter will open a discussion of these ideas.
A Very Tough Month
Before turning to the future, I must confess that the immediate past month was most painful for the EIS portfolio. Oil prices hit a violent downdraft in July, which especially impacted my “options on futures” strategy. It declined in value by about 33%. Since the purpose of these options is to provide portfolio …
Tags: Economic Strains of Peak Oil · Investment Ideas · NG powered cars and trucks · Newsletter · Predictions · Ultracapacitors · batteries · drilling/service companies · electric vehicles · electrical generation · hybrid vehicles
Natural Gas Cars?
August 4th, 2008 · 10 Comments
The drum beat for substituting natural gas for petroleum to power cars and trucks has begun to get louder. It’s been part of Boone Pickens’ plan, of course. And now Jim Cramer has picked up the theme with support from Aubrey McClendon of Chesapeake (CHK). The concept is potentially practical since natural gas is currently much cheaper than oil on an equivalent power basis and since converting cars to NG is done in many parts of the world and is not terribly expensive. Apparently conversions are popular in Australia …