InvestorsHub Logo
Followers 23
Posts 3044
Boards Moderated 0
Alias Born 02/05/2008

Re: None

Wednesday, 06/13/2018 7:15:17 PM

Wednesday, June 13, 2018 7:15:17 PM

Post# of 133
"Natural Gas vs Diesel" from an old article.......
http://pointsandfigures.com/2011/04/27/natural-gas-vs-diesel/
Key point pertaining to omtk:
Advantage: Diesel (depending on prices of fuel)
Cost to convert a truck. Most 18 wheelers have turbochargers to boost power and mileage. The cost to convert them is $8000-$12,000 dollars. That’s cheaper than the extra $100k cost for a CNG truck.

What is the basic cost to switch a diesel truck to natural gas? It varies. One company, Omnitek says it can be as little as $6000 up to $12,000. They also say their company can do 5-7 trucks a week. There are at least 15.5 million trucks in the US. Cost to switch, $124 million. (8k x 15.5) Getting companies ramped up to switch them will take time.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent OMTK News