Eddie Coates, Senior Coordinator of Market Development for Oklahoma City’s Chesapeake Energy tells us about the latest developments in natural gas. A recent bonanza has resulted in a surfeit of gas, leading to a $2.00 per gallon discount — on a BTU basis — compared to gasoline. That gap and its consequent operating savings, along with gas’s significant environmental benefits, has led to a growing compressed natural gas (CNG) usage by large fleets.
Click here to read this sweeping article in which Coates foresees more fleet adoption, as well as widespread CNG usage by consumers and small businesses.