President Obama suggested creating a trust to develop technology to allow America to move away from petroleum as a vehicle fuel. In this video, Tyler Crowe explains why he thinks this is not needed. Tyler points out that companies like Westport Innovations (WPRT 2.57%) have already developed the technology to use natural gas as a fuel. What the country really needs is infrastructure to provide the same convenience for natural gas vehicles that we already enjoy for gasoline and diesel. Clean Energy (CLNE 2.87%), General Electric (GE 0.99%) and Chesapeake Energy (CHKA.Q) are working on this, but until the U.S. sees more than 559 CNG stations, moving away from petroleum as a vehicle fuel will be difficult.
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The State of the Union Misses the Point
NASDAQ: CLNE
Clean Energy Fuels

It isn't R&D that we need to shift away from fossil fuel car engines; it's infrastructure.
Austin Smith owns shares of General Electric Company. Fool contributor Tyler Crowe owns shares of Westport Innovations. The Motley Fool recommends Clean Energy Fuels, Tesla Motors , and Westport Innovations. The Motley Fool owns shares of General Electric Company, Tesla Motors , and Westport Innovations and has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 Puts on Chesapeake Energy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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