LITTLE ROCK, Ark. (April 16, 2012)- As the summer travel season approaches, Americans are looking for alternatives to rising gas prices.
During the past month, gasoline has increased by 15 cents per gallon, including a 4 cent increase just last week. In fact, the AAA predicts that by summer gasoline prices will reach a national average of more than $4 per gallon.
The U.S. Department of Energy's recent Alternative Fuel Price report listedCompressed Natural Gas (CNG) at $2.13, having risen only 4 cents in four months.
CNG is a readily available alternative to gasoline that's made by compressing natural gas to less than 1% of its volume at standard atmospheric pressure. Consisting mostly of methane, CNG is odorless, colorless and tasteless. It's drawn from domestically drilled natural gas wells or in conjunction with crude oil production.
A team of Southwestern Energy Company (SWN) geologists are planning to demonstrateCNG is a viable alternative fuel witha 2,467 mile trip to Long Beach, California.
This trip will highlight America's growing CNG infrastructure and the cost savings of using CNG instead of gasoline.
THV's Alyse Eady sat down with Eric Gross from SWN to talk about the pros and cons of converting your vehicle to CNG. Click on the THVideo!
To date,there are threepublic CNG gas stations in Arkansas. They are located in North Little Rock, Damascus and Fort Smith.
(Source: Southwestern Energy Company)