In response to recent increases in pump prices by certain operators, the Presidential Compressed Natural Gas Initiative (PCNGI) has made it clear that the Federal Government does not subsidize compressed natural gas (CNG). While ensuring that government organizations would continue to safeguard consumers from abuse, PCNGI clarified in a statement on Wednesday that pricing choices are made by private sector participants. “NIPCO Gas, a private sector player in the auto-cNG market, implemented the most recent change in the price of CNG pumps. NIPCO is one of several investors in the…
FG: No More Subsidies on Compressed Natural Gas (CNG)
