U.S. SUBSIDIES FOR NATURAL GAS BIG RIGS?
A cheaper fuel for long-haul truckers
Natural gas seems poised to make dramatic inroads into the long-haul truck transportation sector, given a powerful combination of high diesel prices, the construction of a nationwide network of natural gas stations, and major manufacturers eagerly producing big rigs capable of running on natural gas.
A widespread shift to natural gas would have a substantial impact on America’s oil consumption: 18-wheelers transport goods all around the country, and they consumed about 1.9 million barrels a day of oil in 2010.
Should the federal government try to get involved, either to make this future more likely or hasten its arrival? James Coan, Center for Energy Studies research associate, explores the issue in the Nov. 2, 2012, Baker Institute Blog.