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Holy cow, at $0.99 / GGE, it is almost cheaper to fill up at the station than at my home if I consider only the cost of gas and electricity to run the compressor.
We dropped the prices again. Bay area is now $1.40. Southern CA is $1.30. NM is $1.02. CO is $0.99. AZ is $1.05. TX is $0.99. LNG at the port is down to $1.99 per DGE.
Where are the bay area stations? Just Oakland? We need one over here on the penninsula. San Mateo county would be nice.
I'm pleased that Clean Energy (CE) CNG stations in CA now sell CNG fuel at between $1.30 to $1.40/GGE.
They are to be applauded considering that according to So. CA Gas, they provide natural gas to CE stations in So. Ca at about $1.75/GGE. That means that CE is selling CNG fuel at a lost, or they are applying all the excise tax credit to their CNG fuel price at the dispenser. Even the excise tax credit at a net credit of about $0.32/GGE does not explain CE's low CNG prices. I have contacted CE but they have not returned my calls. Nontheless, I hope the low CNG prices continue.
In Nothern CA, CE would presummably have to buy the natural gas from PG&E, which sells natural gas to all CNG stations at about $1.00/GGE. So the low CE CNG fuel prices in Nothern CA may be explained by this differential.
However, PG&E sells CNG fuel at their stations currently in Jan. 09 in CA at $2.18/GEE. That seems outrageous, and I have called PG&E and they have not returned any of my calls.
Are any CNG vehicle owners interested in going to US Congress to recommend new legislation to control or prevent the energy commodity brokers from manipulating the price of natural gas?
Typically, the price of NG has followed the price of crude oil and what the energy commodity brokers can sell it for. It has very little to do with supply and demand or the acutal cost to extract NG and transport it to the end user. Please refer to my attached chart.
If you are interested in pursuing this grass roots campaign with federal legislators, please email me at [email protected], and we'll start a grass roots compaign.
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