$500 natural gas fueling stations at home are coming

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Watch out, gas guzzlers! You may soon have the option to fill up a natural gas car at home.

Chesapeake Energy Corp. is working with General Electric Co. and Whirlpool Corp to develop a $500 home refueling station that would fit in a garage, according to The Wall Street Journal.

Approximately 57% of Americans already use natural gas at home for heating or cooking. The device that’s under development would hook into an existing natural gas line to deliver compressed natural gas to a vehicle.

Natural gas is a cheap and clean burning domestically produced fuel.

I used to own a 2007 Honda Civic GX that ran on natural gas. I loved the car, but the problem was fueling it up. There was one filling station — only one — within 200 miles of my home.

And it was in such a dangerous neighborhood that I had to buy a weapon just to go fill up! I got a civilian version of a police taser and had to pull it twice on people. That had me thinking, “Is this really worth it?”

So two years later, I sold the 2007 Honda for more than I paid for it. There was a buying frenzy surrounds CNG cars at that time.

The Civic sedan that Honda is now selling goes for $26,000 versus a gas-engine equivalent of around $21,500. But over a number of years, this is great alternative because it emits little pollution and has low operating and fuel expenses.

Clark Howard About the author:
Clark Howard is a consumer expert whose goal is to help you keep more of the money you make. His national radio show and website show you ways to put more money in your pocket, with advice you can trust. More about Clark
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