BOSTON (TheStreet) -- With $4-a-gallon gas and diesel at the pumps now and their prices sure to rise, natural gas is looking like a sure bet to replace diesel as the fuel of choice for the nation's high-mileage truck fleet.Given the boom in North America's production of natural gas, there is a glut of it and it is selling at low prices not seen in a decade. Once converted to compressed natural gas (CNG) or liquefied natural gas (LNG) for use in compatible engines, it costs about 42% less than diesel on a per-gallon basis. The Department of Energy's Energy Information Administration forecasts that this difference is likely to be long-lasting.
6 Stocks to Benefit From Truckers' Switch to Natural Gas
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