Economy - USA - Rising Oil Prices Make Heavy-Duty NGV More Economical than Diesel
USA -Gree Car Congress -26 July 2005: -- Heavy-duty natural gas powered vehicles (NGVs) in 2010 that meet strict emissions standards will be comparable in owner lifecycle costs (LCC—to own, operate and maintain) to equivalent diesel-powered vehicles when the price of crude oil is between $22 per barrel and $31 per barrel (2010 prices), depending upon the vehicle and application... At $60/barrel (in 2005 dollars) NGVs will have an advantage over their diesel counterparts in the three applications examined in the report (refuse hauler, transit bus, and short haul heavy-duty truck)...
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