Ford will introduce a compressed natural gas (CNG) and liquefied petroleum gas (LPG) engine prep package for its F-450 and F-550 Super Duty pickup trucks later this year, the automaker told approximately 500 North American fleet customers Monday.
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Reports of rising power generation load for gas as spring temperatures continue to go up were spotty Tuesday, but there apparently was enough demand to prompt moderate spot price firmness in the face of major weakness in the energy futures complex the day before.
Buoyed by a much firmer screen and the pickup in load thatfollows a long Labor Day weekend, cash prices rose Tuesday by anickel or more at almost every point, with most of the increasesexceeding a dime. Not only did natural gas futures rise more than adime, but the crude oil futures contract for October also flexedits muscle with a jump of slightly over 60 cents, placing it wellabove $22/bbl, a marketer pointed out.