Santo Domingo - President Leonel Fernandez reacted unusually peeved Tuesday, stating that he felt stupefied when hearing that some industrialists say the business of natural gas wasn’t profitable in the country, prompting the chief executive to suggest they return the permits already issued if they couldn’t make money selling that fuel.
“Then you consider that the business isn’t profitable, but come here to request incentives, knowing that we are handcuffed by agreement with the International Monetary Fund, so return your licenses, so we can then give then to those who consider that the business is profitable,” Fernandez suggested to the businesspersons who had made the statement.
He said that wasn’t the information he had, because the feasibility of the massive use of, and the marketing of natural gas in Dominican Republic was confirmed and that he had convened the meeting to look for alternatives which facilitated a solution to the problem of fuel prices, resulting from international speculation.
Fernandez also announced meetings on the topic every 15 days where in addition to the Environment, and Industry and Commerce ministers, would participate the administrator of the State-owned Reservas Bank, and the minister of the Treasury.
Written by: BASTA, 2 Aug 2011 2:06 PM
From: Dominican Republic, =Ghetto/Legalize Drugs
Pissed; than leave' fruit cake!
Written by: Atabey, 2 Aug 2011 2:10 PM
From: United States, NYC
This is a result of having the government involved in these decisions. Old habits die very hard. Everyone is looking for a free lunch. Open the DR to low taxes, strong labor pacts and strong rule of law, and see investments shoot up and drive the modernization drive. Concentrate the central government in a few areas: education, crime prevention and control, immigration, and for many of the rest allow the free market to set the pace. Engage in central government "incentives" and see these "incentives" drive the decision making process. LF didn't start this process, it was largely built under the old Balaguer regime, but all the subsequent DR governments have played their part in this mess.
From: United States
the guys are just telling the truth. as some of us have said, it is a non starter. those who think it will get off the ground have not analysed it properly.
From: United States
Atabey never misses an opporrtunity to give his generic , boilerplate , rambling analysis.
This is a result of having the government involved in these decisions. Old habits die very hard. Everyone is looking for a free lunch. Open the DR to low taxes, strong labor pacts and strong rule of law, and see investments shoot up and drive the modernization drive.
tell us, Atabey, how all of this impacts the ECONOMICS of natural gas. FOCUS. the issue at hand is NATURAL GAS. give us your BBA analysis of how natural gas is going to be profitable. i cannot wait for you to think you won this one.
From: United States
F… that empty suit LF and all his cronies.
He is the one that got all his buddies use to being able to steal without working for it.
Inbred entitlement mentality.
Yea, give those contracts to the poor, they will make it work, without stealing and asking for ‘incentives’ kickbacks.
Written by: danny00, 2 Aug 2011 3:01 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
so just return your PERMITS, forget the natural gas.
I WONDER IF HES ALSO GOING TO ASK THEM TO ALSO RETURN THEIR PERMITS TO SELL DRUGS?
Written by: danny00, 2 Aug 2011 3:26 PM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
well lets put it this way, if one thinks hes a bad guy
u just wait and see who comes on board in the next election?
u just wait.
Written by: josean, 2 Aug 2011 3:54 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
Several Blasts from the PAST
Economy - 20 April 2010, 9:42 AM
Major industries eye the world’s cheapest fuel
Written by: Atabey, 20 Apr 2010 7:05 PM
From: United States
Josean will not like this. LF is doing his work. Good job.
Written by: glomarexplorer, 20 Apr 2010 8:32 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
Obviously, there are some components of this story that are simply not true; most salient amongst these would be "the tank needs fewer fill-ups and". This is simply not true! CNG, a relatively low density fuel, requires >700x the amount of gasoline flow to satisfy engine required air/fuel ratio.
Naturally, CNG has high octane rating of about 130, which is very close to that of diesel fuel, and is best employed in high thermal efficiencies engines such as diesel, or engines specifically conceived for CNG consumption.
continued:
Written by: josean, 2 Aug 2011 3:56 PM
From: United States, Dedicating 4 more years to fighting the Dictatorship of the Narco PLD Mafia
Converted gasoline engines would give up 10 %-20 % horse power and torque and, worse yet, noticeably reduced engine durability due to lack of lubricity in fuel.
Yes, you could improve CO2 reduction by 25 %, reduce operating cost by close to 40 %, but it doesn't clearly come without penalties or sacrifices. Please take this into account before making your final decision-and I do hope you'd choose CNG [I am in the business!!!!].
MJEV.
Written by: josean, 20 Apr 2010 9:59 PM
From: United States
Dr. Stangelove,
Some people here on DT should wait for your comments on these scientific and technical matters before they put their PURPLE Foot in their mouth! Especially those in the clapping seal seats!
Thank you as always for erudite clarifications!
Written by: juanb, 2 Aug 2011 4:48 PM
From: Dominican Republic
The price of gasoline is more than $6.10 a gallon because of the outrageous taxea added by our wasteful, corrupt government.
Gas speculation takes place all over the world.
So how come its more than $2/gallon less in the US.
From: United States, words of wisdom from the nutcracker
leonel finally puts his pumps back in the closet , and shows his toughness by taking stand against the critics. mr leonel please cut the crap the dominican republic has not hit the 21 first century yet , still no 24 hour lights , still no proper funding for education , and still no actions against the corruption that exist in the police and city . You should take criticism with a giant spoon of salt you puppet .
From: United States, Fresh Water Paradise-NY Finger Lakes
@Josean,
Wow! I am really impressed! couldn't believe you saved those comments....they are still true today-even though my business continues to flourish and I have more customers than I could handle. BTW, beginning MY 2013, all of those taxicabs from china coming to DR will have my fuel system. I have an exclusive agreement with CAERI, the local fuel system supplier in China.
MJEV.
From: United States, Fresh Water Paradise-NY Finger Lakes
@Dr. Dread,
I still don't see how CNG will make it in DR. Yes, it is a cheaper fuel, but you are still going to have to shell $1k-$3k investment for conversion, and you will see a 10%-20% hp and torque penalty, not to mention some accelerated engine wear. On the surface, you should realize 50% reduction in operating cost but, given our government's propensity for skimming, you might be lucky to realize half that much. Furthermore, CNG is the decree of the day, and there is nothing preventing them from decreeing electric vehicles in two years, in which case, you'd be upside-down-so to speak. Precisely reason why I don't invest in DR.
MJEV.
From: United States
thanks for weighing in on this subject, Glomar. as a master of your craft, i am sure that you are absolutely correct on all points. the fact is that Dominicans ,who are accustomed to seeing a conversion to propane for a few thousand pesos, are going to be very reluctant to spend 60,000 pesos to retrofit their 4 cylinder honda civic. a guy is going to be very reluctant to build a filling station in Samana, when he might only get 10 cars in a day. the only solution is for government to invest in building strategically located filling stations. short of that, it will not work.
From: United States
Glomar, i believe that this is a perfect occasion for government participation in a business venture. they should select maybe 30 or so strategic locations, and build filling stations. that would ease the problem of shortages of places to fill up. when the business gets off the ground, they could issue them for private purchase, and get out of that end of the business. naaah...too rational.
Written by: LuiGy, 3 Aug 2011 12:28 AM
From: United States
in a free market those encouraged by profits always will introduce in they're own will what is more efficient for the market, not what the gov imposes. if the gov mandates that natural gas will be the only source of fuel companies will be force to compete in that category but while other source of fuel that work with greater results are still available, companies wont bother to even try. just look at the hybrid auto market, its a total failure
Written by: airgordo, 3 Aug 2011 12:32 PM
From: Dominican Republic
As much as i DISLIKE Leonel and all his goverment, i have to accept after i saw a VIDEO of this on the news, that he looked like a MAN in that one, he was 100% RIGHT on all what he said...on this one he has my support.
P.S. if he would have handled a couple of things (Crime, Corruption, etc) like he did with this one yesterday he wouldn't be on such a bad shape now.
Written by: airgordo, 3 Aug 2011 12:36 PM
From: Dominican Republic
Written by: glomarexplorer, 2 Aug 2011 9:40 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
@Dr. Dread,
I still don't see how CNG will make it in DR. Yes, it is a cheaper fuel, but you are still going to have to shell $1k-$3k investment for conversion, and you will see a 10%-20% hp and torque penalty, not to mention some accelerated engine wear. On the surface, you should realize 50% reduction in operating cost but, given our government's propensity for skimming, you might be lucky to realize half that much. Furthermore, CNG is the decree of the day, and there is nothing preventing them from decreeing electric vehicles in two years, in which case, you'd be upside-down-so to speak. Precisely reason why I don't invest in DR.
MJEV.
-----
You are Totally WRONG on that one, same thing you are writing about the CNG i read on the Propane, so the point of loss on HP and accelerated wear was exactly the same for propane, yet how many cars have propane?? A LOT!!
Written by: airgordo, 3 Aug 2011 12:42 PM
From: Dominican Republic
The good thing aboud CNG is that IS DOES NOT fluctuate like propane does, propane was ok becasue was cheaper but now it is not, i have known at least 5 people that used to have propane and are now back to gasoline, because you don't save anything anymore...if there is AVAILABILTY of CNG vending stations you can rest assured that an extremely hight amount of people with Propane will change to CNG...so as opposed to previous post if i had the money i would invest on this one
Written by: airgordo, 3 Aug 2011 12:44 PM
From: Dominican Republic
Written by: dreadlocks, 2 Aug 2011 9:49 PM
From: United States
thanks for weighing in on this subject, Glomar. as a master of your craft, i am sure that you are absolutely correct on all points. the fact is that Dominicans ,who are accustomed to seeing a conversion to propane for a few thousand pesos, are going to be very reluctant to spend 60,000 pesos to retrofit their 4 cylinder honda civic. a guy is going to be very reluctant to build a filling station in Samana, when he might only get 10 cars in a day. the only solution is for government to invest in building strategically located filling stations. short of that, it will not work.
-------
the solution of that one is very simple, and requires NO investment whatsoever from the goverment...ALLOW current Propane Vendors to sell CNG as well, just like a gasoline station sells diesel and gasoline, that is all that is required from the goverment
From: United States
airgordo states, in response to Glomarexplorer
You are Totally WRONG on that one, same thing you are writing about the CNG i read on the Propane, so the point of loss on HP and accelerated wear was exactly the same for propane, yet how many cars have propane?? A LOT!!
i just love it when some guy corrects a master of his craft. now, Glomarexplorer is a guy who DESIGNS the natural gas systems use in automotive applications. he has his own product, which is being manufactured in China. the guy knows everything there is to know about this subject, both technologically , and economically. so, i love it when he gets corrected by some guy called airgordo, who, i am sure, does not know the organic chemistry formula for methane.
Written by: Escott, 3 Aug 2011 2:08 PM
From: Dominican Republic, Cabrera and Sosua a 2 days a month for payday
Crap is the organic chemistry formula:)
From: United States
Escott informs
Crap is the organic chemistry formula:)
darn right. and pig crap moreso than othe versions
From: United States, Fresh Water Paradise-NY Finger Lakes
@Airgordo,
Did you ever hear of the SAE (Society of Automotive Engineers)? BTW, I am presenting paper next April in Detroit! Why don't you check their site and look for article on CNG conversion and detrimental impact on performance and engine durability. I doubt that you know anything about engine performance or durability or that you care that much about it. Frankly, age of vehicles you refer to is outside my sphere of interest, as I only pursue fuel injected engines. You are likely speaking of much less sophisticated power trains with carburetor and gas vaporizers.
A vehicle of the age you refer to would likely have lots of miles on it and already exhibit appreciably degraded performance. When you consider road quality and congestion in DR, where you might be bogged down in traffic or moving very slowly due to dodging potholes yes, you are right, you might not notice or care about performance degradation.
Buy CNG...I am posed to win anyway.
MJEV.
From: United States
i just love it when the educated guys hand the dimwits their asses on a platter.
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This is a result of having the government involved in these decisions. Old habits die very hard. Everyone is looking for a free lunch. Open the DR to low taxes, strong labor pacts and strong rule of law, and see investments shoot up and drive the modernization drive.
tell us, Atabey, how all of this impacts the ECONOMICS of natural gas. FOCUS. the issue at hand is NATURAL GAS. give us your BBA analysis of how natural gas is going to be profitable. i cannot wait for you to think you won this one.
F… that empty suit LF and all his cronies.
He is the one that got all his buddies use to being able to steal without working for it.
Inbred entitlement mentality.
Yea, give those contracts to the poor, they will make it work, without stealing and asking for ‘incentives’ kickbacks.
I WONDER IF HES ALSO GOING TO ASK THEM TO ALSO RETURN THEIR PERMITS TO SELL DRUGS?
u just wait and see who comes on board in the next election?
u just wait.
Economy - 20 April 2010, 9:42 AM
Major industries eye the world’s cheapest fuel
Written by: Atabey, 20 Apr 2010 7:05 PM
From: United States
Josean will not like this. LF is doing his work. Good job.
Written by: glomarexplorer, 20 Apr 2010 8:32 PM
From: United States, Fresh Water Paradise-NY Finger Lakes
Obviously, there are some components of this story that are simply not true; most salient amongst these would be "the tank needs fewer fill-ups and". This is simply not true! CNG, a relatively low density fuel, requires >700x the amount of gasoline flow to satisfy engine required air/fuel ratio.
Naturally, CNG has high octane rating of about 130, which is very close to that of diesel fuel, and is best employed in high thermal efficiencies engines such as diesel, or engines specifically conceived for CNG consumption.
continued:
Yes, you could improve CO2 reduction by 25 %, reduce operating cost by close to 40 %, but it doesn't clearly come without penalties or sacrifices. Please take this into account before making your final decision-and I do hope you'd choose CNG [I am in the business!!!!].
MJEV.
Written by: josean, 20 Apr 2010 9:59 PM
From: United States
Dr. Stangelove,
Some people here on DT should wait for your comments on these scientific and technical matters before they put their PURPLE Foot in their mouth! Especially those in the clapping seal seats!
Thank you as always for erudite clarifications!
The price of gasoline is more than $6.10 a gallon because of the outrageous taxea added by our wasteful, corrupt government.
Gas speculation takes place all over the world.
So how come its more than $2/gallon less in the US.
http://youtu.be/uID-WXtXlrs
Wow! I am really impressed! couldn't believe you saved those comments....they are still true today-even though my business continues to flourish and I have more customers than I could handle. BTW, beginning MY 2013, all of those taxicabs from china coming to DR will have my fuel system. I have an exclusive agreement with CAERI, the local fuel system supplier in China.
MJEV.
I still don't see how CNG will make it in DR. Yes, it is a cheaper fuel, but you are still going to have to shell $1k-$3k investment for conversion, and you will see a 10%-20% hp and torque penalty, not to mention some accelerated engine wear. On the surface, you should realize 50% reduction in operating cost but, given our government's propensity for skimming, you might be lucky to realize half that much. Furthermore, CNG is the decree of the day, and there is nothing preventing them from decreeing electric vehicles in two years, in which case, you'd be upside-down-so to speak. Precisely reason why I don't invest in DR.
MJEV.
P.S. if he would have handled a couple of things (Crime, Corruption, etc) like he did with this one yesterday he wouldn't be on such a bad shape now.
From: United States, Fresh Water Paradise-NY Finger Lakes
@Dr. Dread,
I still don't see how CNG will make it in DR. Yes, it is a cheaper fuel, but you are still going to have to shell $1k-$3k investment for conversion, and you will see a 10%-20% hp and torque penalty, not to mention some accelerated engine wear. On the surface, you should realize 50% reduction in operating cost but, given our government's propensity for skimming, you might be lucky to realize half that much. Furthermore, CNG is the decree of the day, and there is nothing preventing them from decreeing electric vehicles in two years, in which case, you'd be upside-down-so to speak. Precisely reason why I don't invest in DR.
MJEV.
-----
You are Totally WRONG on that one, same thing you are writing about the CNG i read on the Propane, so the point of loss on HP and accelerated wear was exactly the same for propane, yet how many cars have propane?? A LOT!!
From: United States
thanks for weighing in on this subject, Glomar. as a master of your craft, i am sure that you are absolutely correct on all points. the fact is that Dominicans ,who are accustomed to seeing a conversion to propane for a few thousand pesos, are going to be very reluctant to spend 60,000 pesos to retrofit their 4 cylinder honda civic. a guy is going to be very reluctant to build a filling station in Samana, when he might only get 10 cars in a day. the only solution is for government to invest in building strategically located filling stations. short of that, it will not work.
-------
the solution of that one is very simple, and requires NO investment whatsoever from the goverment...ALLOW current Propane Vendors to sell CNG as well, just like a gasoline station sells diesel and gasoline, that is all that is required from the goverment
You are Totally WRONG on that one, same thing you are writing about the CNG i read on the Propane, so the point of loss on HP and accelerated wear was exactly the same for propane, yet how many cars have propane?? A LOT!!
i just love it when some guy corrects a master of his craft. now, Glomarexplorer is a guy who DESIGNS the natural gas systems use in automotive applications. he has his own product, which is being manufactured in China. the guy knows everything there is to know about this subject, both technologically , and economically. so, i love it when he gets corrected by some guy called airgordo, who, i am sure, does not know the organic chemistry formula for methane.
Crap is the organic chemistry formula:)
darn right. and pig crap moreso than othe versions
Did you ever hear of the SAE (Society of Automotive Engineers)? BTW, I am presenting paper next April in Detroit! Why don't you check their site and look for article on CNG conversion and detrimental impact on performance and engine durability. I doubt that you know anything about engine performance or durability or that you care that much about it. Frankly, age of vehicles you refer to is outside my sphere of interest, as I only pursue fuel injected engines. You are likely speaking of much less sophisticated power trains with carburetor and gas vaporizers.
A vehicle of the age you refer to would likely have lots of miles on it and already exhibit appreciably degraded performance. When you consider road quality and congestion in DR, where you might be bogged down in traffic or moving very slowly due to dodging potholes yes, you are right, you might not notice or care about performance degradation.
Buy CNG...I am posed to win anyway.
MJEV.