Natural Gas Powered Vehicle
Natural gas is basically a fossil fuel which comes from the same hole that we get our crude oil, and we know we are in serious trouble when Natural Gas take over our major fuel to power our transportation.
Yes, Natural gas is as abundant as OIL in the 1970′s but just like oil…it is not infinite.
The fact that the depletion rate of natural gas will definitely be way faster then oil because when oil drops in pressure, human uses “high technology” to pump water into the hole to boost the pressure hence increasing or maintaining the rate of depletion.
Natural gas will simply dissipate and disappear when the maximum output had reached and the rate of natural gas supply will probably fall off a cliff.
The global demand for natural gas probably will go 10 fold in the next 5 years when oil starts to reach it’s peak and starts it’s inevitable global decline in supply.
The cost for natural gas will probably or absolutely be affected…and spike in prices.
The above is based on assumption that global economies can sustain the population to afford transportation and able to DEMAND natural gas in the first place.
Global economic crisis had almost destroyed the demand of oil powered vehicles and the car manufacturers, the refineries had began to slow down importing of crude oil so to control the refined oil prices & maintain their margin causing great amount of crude oil reserve unsold killing the Crude Oil Prices in both New York Light Crude & Brent Crude.
This economic crisis is probably caused by the previous record spike in oil prices that resulted to ballooning inflation & run away economic “growth”.
This economic growth had lasted many years sustaining more and more population that demands more and more…hence creating a scenario of peak in natural resources such as oil.
The economic broke down is some kind of natural balance happening in the world that naturally curb population from over demanding more and possibly reduce the likelihood of more child birth.
This balance may be broken when human greed and hunger for power which might potentially cause extremely painful civil unrest or even war.
So back to the topic of natural gas powered vehicles, yes it is viable however it may not last 10 years into the future without facing the stark realities of global demand for this finite resource…
hence enjoy it while you can…before the next best fuel comes around to fuel your vehicle.
By Simon Tay
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