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re: Tell me if this is a good investment (CNG tanks)
Posted on 5/16/11 at 2:46 pm to TheHiddenFlask
Posted on 5/16/11 at 2:46 pm to TheHiddenFlask
quote:Yeah, my understanding is the the price of gas and NG tend to move together, so my "profit margin" would somewhat remain intact either way (to a limited extent), but obviously there is some uncertainty there which could easily make the investment less (or more) worthwhile.
The biggest risk is a price spike making your investment tank
quote:Good point - I haven't done this much research on it yet. Again, my rough understanding is that both get about the same mpg, but I would need to recalculate with exact figures.
You need to do it on a per mile ratio, IMO.
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