This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Applied LNG Technologies Provides Liquefied Natural Gas To Speedy Fuel In The Ports Of Los Angeles & Long Beach

On Friday, June 11, 2010, Speedy Fuel held a Ribbon Cutting Ceremony for its first full service liquefied natural gas (LNG) fueling station to serve heavy-duty class-8 trucks in the Ports of Los Angeles and Long Beach. Applied LNG Technologies (ALT) supplies LNG to the popular multi-fuel public access station that will offer truck owners and operators full traditional retail access, immediately off the 710 Freeway and Anaheim Street at 1234 Cowles Street, Long Beach, CA, 90805. President Nick Sramek, Port of Long Beach; Vice Mayor Val Lerch, City of Long Beach; and Councilwoman Tonya Reyes Uranga, City of Long Beach were among the dignitaries who spoke at the event.

“It gives me an immense pleasure to be here today celebrating the grand opening of this first ever LNG station in the Ports of Los Angeles & Long Beach that is entirely funded through private funds,” said Cem Hacioglu, President & CEO, ALT. “I remember vividly the day Levon and Greg discussed their vision for this station. Despite being one of the largest diesel retailers in the Ports, the Termendzhyan brothers had the foresight to realize the importance of LNG as an alternative fuel.”

Speedy Fuel completed this project in record time and without any help from public funds. The station has begun fueling operations within 60 days following initial groundbreaking providing trucking companies and independent owner operators a much needed alternative fueling location within the Ports.

Speedy Fuel and ALT are working together to expand LNG supply at two additional Speedy Fuel locations in the Southland. The additional stations are currently in the planning/development stages and are expected to be opened in 2011.

LNG meets California’s strict emission standards and is now more readily available for use by commercial vehicles, heavy-duty trucks, utility companies, fleets, and other natural gas vehicles. Vehicles fueled by the transportation grade LNG produce approximately one-sixth of the nitrous oxides (NOx) and up to 15 percent less greenhouse gases than comparable petroleum diesel fueled vehicles.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs