Now we finally have the technology and resources to end our addiction to foreign oil by creating an open market for Cheaper, Cleaner, American-Made fuels. Free competition for domestic fuel among oil, natural gas, ethanol, methanol, and electric power would set the nation on a path toward more jobs, lower inflation, a healthier environment and a safer world.
These major developments have set the stage for removing the barriers to fuel competition:
Maturing Technologies for Natural Gas Production. Hydraulic fracturing (“fracking”), imaging, horizontal drilling and new bit technologies have resulted in a major increase in natural gas production to power vehicles directly and to create methanol fuel.
A Revolution in Biofuels. Improvements in the yield-per-acre of biofuel crops have dramatically increased the supply of replacement fuel feedstocks.
The Proliferation of Flex-Fuel Technology. Vehicles now have common technology and are controlled by computer software that greatly simplifies the conversion from gasoline-only to replacement fuels.