greg334
Veteran Expediter
OK so how would you like $65,000 for a new truck?
His idea is to create a real cash for tractors program where the government gives you $65,000 for a new truck while scrapping your older one. The new truck will run on Natural Gas and will help the environment and make Pickens richer.
There is a bit of a problem with the idea.
1 - there are not a lot of places where you can retro fit for CNG on the road. It will take years for the conversion to come on line for trucks.
2 - trucks cost a lot more than $65,000 and for many people who can't afford a new truck, it won't help unless the money can be used to convert the truck. This also leaves out the Mexicans who drive those 70's/80's trucks across the border to work.
3 - the actual debt to the country will be enormous, coupled with the interest rate needed to borrow more money, the cost will exceed $100k when and if it ever gets paid.
4 - there will have to be a serious adjustments to weight regulations.
His idea is to create a real cash for tractors program where the government gives you $65,000 for a new truck while scrapping your older one. The new truck will run on Natural Gas and will help the environment and make Pickens richer.
There is a bit of a problem with the idea.
1 - there are not a lot of places where you can retro fit for CNG on the road. It will take years for the conversion to come on line for trucks.
2 - trucks cost a lot more than $65,000 and for many people who can't afford a new truck, it won't help unless the money can be used to convert the truck. This also leaves out the Mexicans who drive those 70's/80's trucks across the border to work.
3 - the actual debt to the country will be enormous, coupled with the interest rate needed to borrow more money, the cost will exceed $100k when and if it ever gets paid.
4 - there will have to be a serious adjustments to weight regulations.