According to the US Department of Energy, the nation uses 14 million barrels of oil per day in the form of vehicle fuel. Natural gas provides an alternative to replace some of this demand. Natural gas is already used throughout the world as an alternative to both unleaded gasoline and diesel fuel. It is a safe and proven alternative that is both much cleaner and significantly cheaper than these liquid fuels. Additionally, because 99% of the natural gas consumed in the United States is produced in North America, the price of natural gas is much less volatile than that of standard motor fuels, and it is also less impacted by geopolitical events."For all of these reasons, both Chesapeake Utilities and Wise Gas believe that natural gas is capable of supplanting conventional fuels in many fleet applications," added Mr. Hancock.
Peninsula Energy Services Company, Inc. (PESCO) And Wise Gas, Inc., Announce Collaborative Project For Compressed Natural Gas Fueling Infrastructure
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