November 23, 2008 At a time when America’s auto manufacturers are going cap in hand to the Government for donations to secure their survival, how can there still be such large gaps in the marketplace? Toyota showed a CNG-Powered Camry Hybrid Concept at the LA Auto Show, portending the filling of a gaping hole in the market for a compressed natural gas hybrid. Put simply, in the near future, the demand for liquid petroleum will exceed supply and thanks to one of those immutable laws of commerce, when that happens, petrol will cost a lot more than it does right now. Apart from the potentially reduced running costs and environmental benefits afforded by using CNG over petrol, worldwide natural gas reserves should last until at least 2100 and widespread adoption of CNG could reduce U.S. dependency on foreign oil and reduce vehicle operating costs.
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