New technology has unlocked vast reserves of natural gas in deep rock formations, creating a natural gas glut that has depressed prices. Globally, though, natural gas has a more expansive role in the passenger car market. The natural gas used to fill them up is either found below ground or above ground in landfills and in food waste, called renewable natural gas. To be clear, liquefied natural gas, or LNG, is best used with heavy-duty trucks while compressed natural gas, or CNG, is used to power passenger vehicles and corporate fleets. “To use natural gas, you have to be close to the natural gas main and it requires a good electrical system to move it.

Source: Forbes November 08, 2020 17:00 UTC