Three natural gas-related companies want to know how many operators using diesel fuel in the Bakken would convert to natural gas.
Companies have struggled with what should come to the area first, natural gas vehicles or fueling infrastructure. GoCH4 and partners MicroLNG and AmeriFlare, wants to take the first step by providing the equipment to fuel the vehicles if there are enough companies ready to make the switch.From my vantage point, not going to happen in my investing lifetime which is now down to ten years, decreasing, and counting.
The companies are still debating "compressed" vs "liquified" and I am unable to keep the pros and cons of each straight. In a more temperate climate it would be confusing enough; throw in two months of sub-zero weather and the calculus is overwhelming. At least for me.
The three companies issued a call for submissions for the purchase of compressed natural gas or liquefied natural gas to determine if the market exists to support the investment.Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you might have read here.
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