Clean Energy Fuels Corp released Vol. IV of Road To Natural Gas, an update of its growing portfolio of customers making the switch to natural gas as a transportation fuel or expanding their current fleets. This edition includes new agreements recently signed including Clean Energy's first railroad fuel deal with GE Transportation to provide liquefied natural gas (LNG) for its new initiative to test LNG locomotives.
"Considerable strides have recently been made to propel America further and faster down the road to natural gas. The recent announcement by UPS to significantly expand their LNG fleet is a noteworthy signal by an industry-leader that natural gas will play a big role in the future of trucking. Clean Energy will support the UPS expansion by opening multiple new stations on our America's Natural Gas Highway," said Andrew J. Littlefair, Clean Energy's president and CEO. "The other notable development is the rail industry's acknowledgement that LNG will play a role in its future. Clean Energy's fuel deal with GE Transportation expands our relationship with a company that is highly committed to the development of a market for a cleaner-burning, domestic fuel."
The fourth edition of Road To Natural Gas contains a listing of natural gas fuel agreements signed since the third edition was released on February 25, 2013. Key industry developments are also noted, such as UPS' recent announcement that it will expand its LNG fleet with 700 additional tractors and build four LNG stations by the end of 2014. America's Natural Gas Highway stands ready to fuel this industry transition as momentum continues to build in the long-haul trucking segment.
Natural gas fuel costs up to $1.50 less per gallon than gasoline or diesel, depending on local market conditions. The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 30 percent in light-duty vehicles and 23 percent in medium to heavy duty vehicles.
The fourth volume of the Road To Natural Gas can be viewed here: http://www.businesswire.com/multimedia/home/20130617005513/en/2952909/Clean-Energy-Releases-Fourth-Edition-ROAD-NATURAL