Stable Fuel Prices
CNG is often 27-45% lower than the diesel price, with fewer price fluctuations. This makes it a cost-effective choice, mainly where CNG prices are low, presenting a promising alternative to diesel, with economic and environmental benefits. Costs can be further reduced with various State and Federal tax and other incentives on infrastructure and vehicles, including RNG integration via the RFS (Renewable Fuel Standard).
Renewable Sources
Renewable Natural Gas (RNG) is a direct replacement for fossil-based natural gas, offering a renewable alternative. RNG, or biomethane, is biogas upgraded from various renewable sources like landfills, livestock farms, and food production facilities. Lancer Energy works with Pine Creek RNG to supply RNG to fleets.