Definitely there will be a fuel cost saving when using CNG
compared to diesel, plus the added bonus of lower rental rate. But
CNG is also a oil derivative and the price will follow closely the
prices of other types of fuels too. It will not remain
stagnant.
Also, becos of the limited range of CNG, there is much downtime
travelling to and fro the refuelling station (say 30 mins) + the
queueing time (say 15mins), twice per shift. If 1.5 hrs is wasted
every shift, its equals to 1.5 x $30 per hr = $45.
Hmm..food for thought.
again , i consider it in long term .
1st , i really dun see crude oil price to decline , and i dunno
if the crude oil prices remain that way , i can only foresee one
fine day , crude oil to hit that USD200 bracket , and then what
?
Diesel to remain at $1.23 Comfort's price ?
I do not want to wait til the day , every cabby cannot tahan
laio , one by one go CNG , and i have to Q for 1 year before i can
get a CNG cab .
React now before others react faster .