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Natural Gas Prices

227 messages,  Last post on Nov 17, 2008 at 4:36 PM

You are in the Honda Civic GX (natural gas) Forum. Your Host is pf_flyer

What is this discussion about? Honda Civic, Alternative Fuels, Hatchback


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#11 of 227
Re: Natural Gas Prices [cnguser] by cngmike
Oct 10, 2005 (12:20 pm)
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Replying to: cnguser (Oct 09, 2005 7:38 pm)

The Ca. P.U.C. dose control prices of utilitys. They just granted So. Cal. Gas a 39 cent increase to thier compression rate. I was told Clean Energy had gone to the P.U.C. and lobbied for this because it was an unfair advantage in the market place. (I do not know this for a fact.) The chairman of the board of Clean Energy is T. Boone Pickens is that big oil enough for you. Both So. Cal. Gas And Long Beach Gas are tied to the commity rate by a fixed rate. So thier prices are a set value over what they perchase gas for on the open market. Clean Energy, PIinnacle, ect. are market driven and set thier oun prices.
#12 of 227
Clean enregy priceing by cngmike
Feb 08, 2006 (8:03 am)
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A few years ago I talked to Clean Energy's VP for marketing about pricing. He said it was tied into 87 octane gasoline pricing. He also told me that it's a bargain because use it should be set to premium.
#13 of 227
Re: Clean enregy priceing [cngmike] by londnr
Feb 10, 2006 (9:00 am)
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Replying to: cngmike (Feb 08, 2006 8:03 am)

That's interesting - I live close to ENRG's headquarters in Seal Beach and every once in a while I run into the ENRG staff at lunch.
 
During a conversation with an individual ENRG employee (who shall remain nameless) I said that I never used their pumps unless I had to because the price was so high compared to Long Beach and So Cal Gas.
 
I mentioned that the ENRG prices seemed to track gas prices - that didn't go down well at all! I was told in no uncertain terms by my conversation partner, that he set the prices, and they were not linked to gas prices. He went on to "cry" about how unfair it was of the utilities to sell their CNG at "below cost" - he claimed that the CNG from Long Beach and So Cal Gas was subsidized and poor old ENRG had a hard time making a buck in this unfair market.
 
So from that day to this, knowing just how unfairly ENRG has been treated I now use only their pumps - Just kidding.
#14 of 227
Re: Clean enregy priceing [londnr] by timon
Feb 12, 2006 (7:14 am)
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Replying to: londnr (Feb 10, 2006 9:00 am)

Watch out, I really think that ENGR wants to take over LBE's CNG station. If they do then there will be no stopping what they will charge us.
 
BTW, I know that LBE does not sell below cost and in fact makes money on the station. ENGR is just blowing smoke. Why would the Fountain Valley station be charging 2.049 last month and 2.149 this month when the cost of gas went down by almost $0.030 per gge? Their NOT telling the truth.
 
Later this year the fed hwy tax will go up but there will be a $0.50 credit back from the feds. To the end user that should drop the price by at least $0.40. Let's see if ENGR drops their prices. I bet NOT.
 
The only thing stopping me from installing Phill in at home is that their is NO ROI. But if per chance ENGR did take over the LBE station the ROI is there.
 
I'd love to put in a station somewhere on the 405 and price is below ENGR. Two problems, cost to build the station and you know that ENGR would price their closet station below to try and kill a competting station.
 
FYI, it would cost at least $100,000 to $175,000 to build a station using referbed equipment.
#15 of 227
Re: Clean enregy priceing [timon] by sethdallob1
Apr 17, 2006 (9:08 am)
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Replying to: timon (Feb 12, 2006 7:14 am)

Can you give me your math re: ROI on Phill? It cost $3500, minus the $2000 AQMD rebate, minus the federal tax deduction for the purchase price including installation. It's costing me less than, or about, a dollar per gge to fill my car. I'm saving roughly a dollar per gge, and will have recovered the money spent on the phill, even if i have to throw it away instead of having it rebuilt. Aside from the conveinence factor, there is a financial ROI too, IMHO.
 
PS - I don't know if and when they changed the rules, but I got a transponder for free access to the 91 express lanes for my civic gx about 2 years ago, and use it frequently. You just drive through the regular toll lane, not the 3+ lane. I just went in, brought my registration and clean air decal slip, filled out the special access form, and got the transponder....
#16 of 227
Re: Clean enregy priceing [timon] by londnr
Apr 17, 2006 (2:45 pm)
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Replying to: timon (Feb 12, 2006 7:14 am)

Just so that you know - you are absolutely right, in fact not only do ENRG want to take over LBE but they have actually succeeded. I think the change takes place next month or soon thereafter. A sad day.
#17 of 227
Clean Energy is taking over Long Beach Energy stations by timon
May 22, 2006 (8:44 am)
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Replying to: londnr (Apr 17, 2006 2:45 pm)

Yes it true, Clean Energy is going to take over the Long Beach Energy Stations and when they do the price is going to go up at least $0.75 per GGE. You know the way Clean Energy works; even if Natural Gas prices go down they will raise prices if the price of gasoline goes up.
 
There will be no completion along the 405 they can raise the price to what ever they want to. I bet that you'll see $3.00 per gge soon.
 
Can this be stopped? Maybe since the Long Beach city council has not signed the contract yet, may in 3 weeks, we may be able to put pressure on to stop it.
 
We need to make a mass showing at the city offices and the next city council meeting on the 23rd. If we don't try to stop this now or at least get Long Beach to force Clean Energy to set a fix amount over natural gas cost then get ready to pay $3.00 a gge.
#18 of 227
Re: Clean Energy is taking over Long Beach Energy stations [timon] by londnr
May 23, 2006 (5:29 pm)
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Replying to: timon (May 22, 2006 8:44 am)

I am all for any protest. I think that there has been a rush to off load the CNG pumps without really thinking things through.
 
First I know that LBE made a profit on the station, maybe not much, but they did make money instead of losing it.
 
Also, now all city owned vehicles will be paying more for CNG, not as much as the public but still over the price that the City buys its natural gas for.
 
I wonder if the contract has taken into consideration the loss of a money making venture, plus the increased cost fueling their fleet with their own resources.
 
I am still mad that a few years ago the Utilities were pushing NGVs, saying that the price of natural gas was so cheap because we have an abundant domestic supply. Now they see the potential of tracking the price of a gallon of gas, when will their greed end? I guess the environment wasn't the real concern after all was it?
 
What do you propose?
#19 of 227
ENRG takover of the Long Beach station ? by lakewood90712
May 03, 2006 (7:24 pm)
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Natural gas prices on the market hit a one year low this week ,about $ 6.60 / million btu , but the price at long beach energy jumped from $ 1.48 to $1.66. Coincidence ?
#20 of 227
Re: ENRG takover of the Long Beach station ? [lakewood90712] by londnr
May 04, 2006 (7:31 am)
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Replying to: lakewood90712 (May 03, 2006 7:24 pm)

From what I understand Clean Energy or ENRG or whatever they are called have managed to negotiate a takeover of the Long Beach Energy CNG system and the changeover is due to go into effect soon. That being said, ENRG is way too greedy to only increase the price by 18 cents per gge.
 
I suspect that we will know when the change happens as the price will go through the roof, at least compared to LBE's regular pricing. I am not sure what ENRG is currently charging but last time I looked it was at least $2.50. We will also know when the fateful day arrives as ENRG is going to replace the Long Beach pumps with the newer (and in my opinion less effective) type seen at all of their stations.

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