Should You Convert To Natural Gas Now That Oil Is Cheap?

The top energy play for the last few years has been converting gasoline and diesel-burning motors to run on natural gas. I wrote about that in Energy Forecast 2013-2014: Convert to Natural Gas. Local delivery vans, over-the-road trucks and even farm tractors have been switched over. Now that oil is cheap, bringing with it drops in gasoline and diesel prices, does it still make sense to convert to natural gas? First we’ll review the economics of natural gas, then discuss business strategy in an uncertain energy future.