Monday, October 14, 2013

Shale Gas, Cargo Ships, Conversions From Diesel

Shale Gas Boom Aids Ocean-Going Conversions From Diesel - WSJ.com: " . . .The maritime industry is one of the largest commercial consumers of fuel in the U.S. Sales of diesel fuel for marine vessels reached 2.1 billion gallons in 2011, the latest year available from the U.S. Energy Information Administration. An additional 4.5 billion gallons of marine oil was sold in 2011. Marine oil is a thick oil typically burned by large oceangoing cargo ships. By comparison, the U.S. railroad industry consumed 3.1 billion gallons of diesel in 2011, while the construction industry used 1.8 billion gallons. The U.S. trucking industry bought more than 36 billion gallons of fuel. LNG advocates say the use of natural gas by marine vessels could occur faster than in commercial trucks, which require an extensive network of filling stations to support interstate travel. Ships remain in service for decades, giving operators more time to recover the higher initial cost of LNG engines and refrigerated storage, where the gas is cooled to minus 260 degrees Fahrenheit to maintain its liquid state."

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