Paul Traub’s presentation for us last week at the Chicago Fed Detroit Branch noted the divergence between the price of natural gas and petroleum (diesel, gasoline). Furthermore, he argued that this differential won’t be arbitraged away. (See a blog by Ed Dolan on the impact on the market from increased exports.)
So what of the response? We noted that CNG is now available coast-to-coast thanks to investment by major truck stop operators. You can tune into a free webinar by Westport [<==link], a CNG conversion company.
But here I want to make a very different point: the sponsors are a range of specialized publications. These are specific to trucking, but if you look you will find a host of similar print and web journals (with associated conferences) reflecting the sophistication and breadth of the industry. So here we have: Automotive Fleet, Business Fleet, Fleet Financials, Government Fleet, and Heavy Duty Trucking.