State’s Oldest Taxi Firm Converting to Compressed Natural Gas — Again
February 06, 2012
By Janice Posada, The Hartford Courant
Driving a compressed natural gas taxi may or may or may not reduce driver headaches (we’ll leave that one to researchers) but according to experts, CNG vehicles emit 30 percent to 40 percent less greenhouse gases. While their upfront costs are higher — they are usually priced at 25 to 30 percent higher than similar gas-powered vehicles, they are, in the long run, cheaper to operate.
“They require less maintenance and fewer oil changes,” Henry said. The fuel costs for a CNG-powered vehicle are currently the equivalent of $2.90 per gallon. Cab drivers, who lease their vehicles from the company and pay for their own fuel, save $100 to $250 a week at the pump, Henry said.
Yellow Cab, which was founded in 1898 — when the term horsepower referred to the actual number of horses pulling the hackney — may be the first taxi company in the United States whose entire fleet is powered by compressed natural gas.
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