Natural Gas creates new high paying jobs
My plan for prosperity will create jobs by utilizing our domestic God given natural gas to save our people money. 65 million homeowners can compress the natural gas already flowing to their homes, for as little as 80 cents per gallon, to fuel their existing cars and trucks. How many would like a choice of fuels? 80 cents vs $2.50? Flip of a switch.. Pump gas or home fuel? Once they convert, they can burn both. How many compressors, and kits do we need? How many installers? Can you say a bunch of jobs? We can create a market for the natural gas that the drillers are flaring, adding to air pollution We also have an abundance that we can produce once the price rises to make production economically viable. It will still be a bargain at $1.20. The .80 and the $1.20 both contain a quarter, payable solely to the national debt, and a nickel for roads and bridges.
With gasoline, still made partly from imported oil, now back over $2.50, compressed natural gas (CNG) is attractive. I believe that free market forces will create demand for conversions, and home based compressors. We’ll need factories, and workers. We’ll need gas men to install compressors, and mechanics to convert our existing fleets. Once there are CNG fueled vehicles on the road, industry will build fuel stops for high pressure refueling. Then Detroit will have a market to sell CNG and bi-fuel hybrids. All we have to do is provide funding for those who choose to make the switch. That quarter per gallon will reduce the need for bond sales to underwrite our debt. Congress pays interest on the bonds and the investors buy them for what Congress pays. Any money paid reduces the need for a bond sale, and the debt, but becomes available to loan. Let’s loan it to homeowners for compressors and kit conversions, so they can use their own fuel, if it makes sense to them. Savings for them will provide the incentive. The rest of us save when the traders reduce their gasoline price to protect market share, dragging down the price of crude, diesel, shipping for all goods, food and airfare, leaving more money in everybody’s pockets. We’ll still need diesel and all fuels, but competition will make them cheaper.