Tuesday, August 7, 2012

Natural Gas Gaining In Popularity

Published August 7, 2012


By Philippe Crowe



The following will answer the questions of those wondering whether natural gas and other forms of renewable gas are gaining in popularity.



Clean Energy Fuels Corp. announced Monday August 6 operating results for the second quarter and six months ended June 30, 2012.



Gallons delivered for the second quarter of 2012 totaled 48.6 million gallons, up 24 percent from the 39.2 million gallons delivered in the same period a year ago. For the six months period ending June 30, 2012, gallons delivered totaled 92.3 million, up from 74.7 million gallons for the six months ended June 30, 2011.



The company defines “gallons delivered” as its compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas (RNG) and the gallons associated with providing operations and maintenance services delivered to its customers during the period.



Andrew J. Littlefair, Clean Energy’s President and Chief Executive Officer, stated, “I am very encouraged by the growth that we are seeing in the natural gas fueling market as a whole and feel that it is a validation of our efforts to create and expand this industry over the last 15 years. This quarter, we continued to grow our traditional core CNG markets and made steady progress in the construction of our America’s Natural Gas Highway stations. We continue to keep a close relationship with the engine manufacturers, OEM’s, and fleet customers in order to be ready as our stations continue to come on line over the remainder of 2012 and 2013.”



Clean Energy is considered the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle fueling market.






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