An uptick in production at the Vaca Muerta shale play in Argentina has prompted energy companies to consider pushing gas-powered vehicles to prevent a glut. Gas producers are hunting for markets to increase demand and sustain Vaca Muerta’s production growth. Natural gas regulator Energas said conversions reached 50,000 during for first five months of 2018, a year-on-year increase of 39%, but the process is expensive, with domestic bus and truck manufacturers reluctant to get on board. The U.S. Department of Energy last week approved an expansion project that would add more than 1 million barrels per day (bpd) of oil sands crude from Canada by 2022, according to Reuters.
An uptick in production at the Vaca Muerta shale play in Argentina has prompted energy companies to consider pushing gas-powered vehicles to prevent a glut. Natural gas regulator Energas said conversions reached 50,000 during for first five months of 2018, a year-on-year increase of 39%, but the process is expensive, with domestic bus and truck manufacturers reluctant to get on board. The U.S. Department of Energy last week approved an expansion project that would add more than 1 million barrels per day (bpd) of oil sands crude from Canada by 2022, according to Reuters.