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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Piedmont Natural Gas Partners With Industry Group To Provide Natural Gas Shuttle Buses For Democratic National Convention

CHARLOTTE, N.C., Sept. 3, 2012 /PRNewswire/ -- Delegates, media and other visitors in Charlotte this week for the 2012 Democratic National Convention will get around town on shuttle buses fueled by clean, affordable, American natural gas, thanks to a partnership between Piedmont Natural Gas (NYSE: PNY) and America's Natural Gas Alliance (ANGA).

Piedmont Natural Gas, which serves more than 1 million customers in North Carolina, South Carolina and Tennessee, will provide the compressed natural gas (CNG) to fuel 12 buses that will be used to provide transportation to convention-goers for the Sept. 4-6 event.

"Piedmont Natural Gas is pleased to partner with ANGA to showcase the benefits of natural gas vehicles, including substantial cost savings over other transportation fuels and significant environmental benefits," said Jane Lewis-Raymond, senior vice president of Piedmont Natural Gas. "As part of our broader commitment to sustainability, Piedmont is diligently working to promote the use of natural gas vehicles throughout our service territory. We are collaborating with both private- and public sector fleet operators, expanding the number of refueling stations available to natural gas vehicles and converting our own fleet of service vehicles to natural gas."

With the discovery of vast supplies of American natural gas from shale deposits driving down the wholesale price of natural gas, a CNG-fueled shuttle bus like the ones being used in Charlotte this week can be operated at a cost savings of $1.69 per diesel gallon equivalent. That's how much less it would cost for a natural gas bus to travel the same distance a conventional bus could travel on one gallon of diesel fuel.

"Residential, commercial and industrial customers are also reaping great benefits from these new supplies by converting to natural gas for heating, hot water, power generation and other needs, " Lewis-Raymond said. "In the process, natural gas is creating American jobs and increasing U.S. energy security, which is great news for everyone."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs