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The benefits of CNG extend beyond its environmental credentials. Economically, CNG is often less expensive than gasoline or diesel, largely due to the relative abundance of natural gas supplies and advancements in extraction technologies. This cost advantage offers savings for both consumers and fleet operators, making it a financially viable alternative. The transportation industry, which is one of the largest consumers of fossil fuels, stands to gain immensely from embracing CNG. Long-haul trucking companies, for instance, have found that converting to CNG can yield substantial cost savings over time, which can be reinvested into their operations or passed on to consumers.
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Furthermore, gasification equipment is highly efficient in converting feedstock into syngas, with thermal efficiencies ranging from 60% to 80%
. This means that more energy can be extracted from the raw materials, increasing the overall energy yield. In addition, gasification can be used to produce high-value chemicals and fertilizers, further enhancing the economic viability of the process.