SaviCorp (fka SVMI)

[ricochet8]

There is a very interesting ongoing story that I have been watching this morning on CNBC, and wanted to share with the good people here. Rick Santelli, (one of the CNBC personalities that covers the CME) is doing a story on converting a vehicle to use Liquefied Natural Gas. The conversion allows the vehicle (a pick-up truck) to use either LNG or gasoline. The conversion process has been going on all morning and they will be finishing up soon (I think). There is a fair amount of equipment that needs to be installed, including a sizeable fuel tank. The part that I found interesting was the price of the conversion. The technician quoted a price of $9,400.00. Even though LNG is much cheaper, that is quite an initial cash outlay. It would seem to me that lots of miles need to be driven to hit the breakeven point. At $100.00 each for installation, that’s almost 19 Dyno-Valves. I’ll stick with SVMI.