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The benefits of CNG extend beyond its environmental credentials. Economically, CNG is often less expensive than gasoline or diesel, largely due to the relative abundance of natural gas supplies and advancements in extraction technologies. This cost advantage offers savings for both consumers and fleet operators, making it a financially viable alternative. The transportation industry, which is one of the largest consumers of fossil fuels, stands to gain immensely from embracing CNG. Long-haul trucking companies, for instance, have found that converting to CNG can yield substantial cost savings over time, which can be reinvested into their operations or passed on to consumers.
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One of the key advantages of natural gas is its capacity to bridge the gap between traditional fossil fuels and renewable energy sources. As countries transition towards a low-carbon future, natural gas can serve as a reliable backup for intermittent renewable energies such as wind and solar. Natural gas power plants can quickly ramp up or down in response to fluctuations in energy demand and supply, providing stability to the grid and ensuring that energy remains available even when renewable sources are not producing power.
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