LNG is environmentally friendly:
Compared to diesel fuel, LNG...
Why go with LNG?
- LNG is economical, abundant and domestic: Thanks to the recent natural gas production boom in the US, including the Marcellus Shale play in the MidAtlantic, LNG has become more economical relative to traditional liquid fuels – a key factor in the adoption of LNG by US businesses and institutions. There are now dozens of companies utilizing LNG as the primary fuel for industrial processes and fleets.
- LNG is extremely safe: LNG is stored at very low-pressures (not compressed) and cannot even ignite in its liquid state. When released, LNG immediately becomes a gas, and since it is lighter than air, simply dissipates. LNG is also non-corrosive to equipment, is non-toxic, and has a narrow ignition range compared to traditional liquid fossil fuels.
- LNG is environmentally friendly: Compared to diesel fuel, LNG cuts CO2 emissions up to 20%, SOx emissions by 50-99%, NOx emissions by 80%, and particulates by 75%. If accidentally discharged, LNG will not leave a residue in soil or water that requires cleanup.
- LNG is a new, untested fuel source: The first LNG plant opened in West Virginia in 1917 and the first LNG transport ship carried LNG from Louisiana to the UK in 1959. Since that initial trip there have been 100,000 voyages without a single safety incident.
- Lack of fueling infrastructure: Public and private LNG fueling facilities exist from coast to coast, and new stations are being constructed. Several customers rely on UGIES to supply LNG to public and dedicated fueling stations located in New England and the Mid-Atlantic region today. UGIES is open to discuss how we can support the construction of additional public or private stations with interested parties.
- LNG taxes are high: Federal and State taxing authorities have been modifying policies over the past several years with the intention of supporting the use of alternative energy sources, natural gas in particular. As a result, most fuel taxes on LNG and traditional fuels have either been equalized or are more favorable to natural gas based alternatives.
- LNG prices are volatile: The price of all energy commodities is volatile – rising and falling on a real-time basis each and every day. UGIES has extensive experience managing this volatility for many of its 20,000+ customers. This capability, combined with the attractiveness of historically low-priced natural gas, makes LNG an attractive and economic option to fuel buyers involved in all lines of business.
- LNG is unsafe: The LNG industry is regulated by the FERC, the DOT, the Coast Guard, and the Department of Homeland Security.
- Range anxiety: There is no significant decrease in travel range with LNG vs. diesel, one of several reasons why LNG is becoming the go-to fuel for the long-haul trucking industry. “Boil off” gas, or loss of gas due to the LNG getting warmer, should be of little or no concern to companies using LNG on a regular basis, as this does not happen for several days after filling and is a miniscule amount.
- Drivers won’t like LNG vehicles: Companies that have switched from diesel to LNG report that drivers prefer natural gas because the tractors are quieter and don’t smell of diesel, greatly reducing the incidence of driver headaches.
- LNG is CNG first: This is not the case. There is some pressurization in the very early stage of the liquefaction process, but LNG and CNG are two separate applications