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Pickens' proposal for increased use of natural gas in heavy-duty trucks and fleet vehicles is included in the NAT GAS Act (H.R. 1835 and S. 1408) [85] and the American Power Act. [35] On February 21, 2013, Pickens spoke on behalf of Clean Energy Fuels along with New York City Mayor Michael Bloomberg in support of a new eco-friendly food truck.
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
Compressed natural gas (CNG) is a fuel gas mainly composed of methane (CH 4), compressed to less than 1% of the volume it occupies at standard atmospheric pressure.It is stored and distributed in hard containers at a pressure of 20–25 megapascals (2,900–3,600 psi; 200–250 bar), usually in cylindrical or spherical shapes.
CNG sold at filling stations in the US is priced in dollars per GGE. Using GGE as a measure to compare the stored energy of various fuels for use in an internal combustion engine is only one input for consumers, who typically are interested in the annual cost of driving a vehicle, which requires considering the amount of useful work that can be ...
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
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As of 2017, there were more than 21 million E85 flex-fuel vehicles in the United States, [3] up from about 11 million flex-fuel cars and light trucks in operation as of early 2013. [153] [154] The number of flex-fuel vehicles on U.S. roads increased from 1.4 million in 2001, to 4.1 million in 2005, and rose to 7.3 million in 2008. [13] [83]
Further, the volume of cars sold in the U.S. was significantly tied to home equity lines of credit, with 24% of sales financed this way in 2006. [10] When the availability of these loans suddenly dried up in 2008 due to the subprime mortgage crisis, vehicle sales declined dramatically, from 17 million in 2006 to 10.6 million in 2009. [11]
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