For the second time this month, Congress has stepped up to support the expanded use of natural gas as a transportation fuel. The omnibus year-end government funding bill passed today includes a variety of provisions related to energy, such as an end to the ban on U.S. oil exports, tax credits for renewable electricity – and, an extension of tax credits for the sale of natural gas transportation fuels and the construction of natural gas vehicle (NGV) fueling stations through the end of 2016.
This will accelerate the continued buildout of fueling stations by companies like VNG, allowing drivers to purchase and drive NGVs with confidence that fuel will be available when and where they need it. We’re excited to be a part of this growing momentum, and will further expand our fueling network in 2016 after the opening of our new CNG stations in Dallas, Houston, and Milwaukee in the past year.
Today’s action by Congress is a welcome follow-up to pro-NGV provisions in the highway bill, aka the FAST Act, which passed earlier in December. As previously covered on our blog, this wide-ranging legislation included a provision developed by VNG that will improve automaker incentives to produce bi-fuel NGVs, as well as a provision to extend the ability of states to give HOV lane access privileges to NGV drivers. Congress’s strong support for natural gas transportation in both bills is a great way to close out 2015, and VNG looks forward to seeing that support continue in the new year.