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Obama to Propose Tax Credit for Natural Gas Vehicles

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President Obama announced on Thursday, January 26th, that he would propose a tax credit for businesses that buy natural gas trucks. This proposal is part of an effort on the part of the administration to take advantage of our national natural gas resources, and reduce our dependence on foreign oil.

A number of landscape industry businesses have already acquired or switched to LNG trucks and mowers.

Obama believes that the tax credit will help build demand for natural gas, and reduce dependence on foreign oil.

 
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01.30.2012 at 09:01 Reply

Excellent, I already own two CNG F-150 trucks and I love them for the reason that my fuel is only 1.26 a gal.

 

 
 
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