General Motors Wants More Government Funding

By Taylor Muckerman and Joel South – Mar 16, 2013 at 11:00AM

NYSE: GM

General Motors

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General Motors is no stranger to government funding. Recently, its CEO said that the government should contribute to the build out of the compressed and liquified natural gas fueling stations in order for cars running on natural gas to have more consumer appeal.

In the following video, Motley Fool energy analysts Taylor Muckerman and Joel South discuss the current struggle to get a natural gas fueling station infrastructure built in the United States. General Motors (GM 1.20%) wants the government to subsidize an expansion of natural gas fueling stations across the country to provide more incentive for consumers to switch to these vehicles that are able to make use of the cheapernatural gas fuels.

America's Natural Gas Highway is almost here

Clean Energy Fuels (CLNE -1.75%) is one step ahead and has over 70 fueling stations complete, in addition to its private fueling stations for airport, refuse and transit operations. The entire planned network of over 150 stations will go a long way towards providing consumers with enough opportunities to make this clean fueling movement viable.

In the video, Taylor tells investors the current state of this infrastructure and what opportunities we should be watching for as it expands.

Joel South and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Clean Energy Fuels, General Motors, and UPS and has options on Chesapeake Energy. We Fools don't 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.