Is Boone Pickens Is Wrong On Natural Gas?

Bloomberg is attempting to make the case that Tesla’s CEO
Elon Musk and cheap gasoline prices have driven natural gas away as
an economically viable vehicle fuel. But that does not seem to be
the case if you look at the role compressed natural gas (CNG) and
liquefied natural gas (LNG) has been playing on a global level.
Pickens is cited in the article for making the business case for
natural gas vehicles going back to 2008 with the oil price spike
and skyrocketing pump prices of gasoline and diesel. His arguments
focused on the cheaper,…

Bloomberg is attempting to make the case that Tesla’s CEO
Elon Musk and cheap gasoline prices have driven natural gas away as
an economically viable vehicle fuel. But that does not seem to be
the case if you look at the role compressed natural gas (CNG) and
liquefied natural gas (LNG) has been playing on a global level.
Pickens is cited in the article for making the business case for
natural gas vehicles going back to 2008 with the oil price spike
and skyrocketing pump prices of gasoline and diesel. His arguments
focused on the cheaper,…