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News Archive - July 2011

Ryder Recognized as One of the 75 Greenest Supply Chain Partners
July 25, 2011 - Ryder System, Inc., a leader in supply chain, warehousing and transportation management solutions, today announced that for the third year in a row, it has been named an Inbound Logistics Green Supply Chain Partner. Inbound Logistics editors have selected 75 companies that demonstrate a deep commitment to green initiatives and supply chain sustainability for the magazine's annual "Green 75" issue. click here  >

US: Texas Governor signs three bills to develop natural gas initiatives in the state
July 19, 2011 - The signing ceremony was hosted by Peterbilt Motors Company, which received Governor Rick Perry at its Denton truck manufacturing plant in Texas. “These initiatives will promote the use of alternative fuel technologies and build a stronger sense of environmental stewardship through Texas and North America,” stated Bill Jackson, Peterbilt general manager and PACCAR vice president. click here  >

Natural Gas Trash Trucks Coming to Town?
July 13, 2011 - For nearly two decades, Waste Management says it has helped the environment by replacing standard garbage trucks with ones that run on cleaner fuel: natural gas created by recycling trash. As city officials and Waste Management workers gathered Tuesday at the company’s Long Beach hauling facility to celebrate the deployment of their 1,000th natural-gas-powered recycling truck, they said Belmont Shore residents can look forward in the next year to the NGVs when the company buys smaller trucks to navigate the area's tighter streets. click here  >

Chesapeake Energy Unveils Bold Plan to Transform U.S. Transportation Fuels Market
July 13, 2011 - Chesapeake Energy Corp. unveiled a plan to help the transportation industry transition to America's own abundant supplies of natural gas and oil. Central to this initiative is the creation of a $1 billion venture capital fund, Chesapeake NG Ventures Corp., dedicated to identifying and investing in companies and technologies that will replace the use of gasoline and diesel derived primarily from OPEC oil with domestic oil, natural gas and natural gas-to-liquids fuel. To fund this effort, Chesapeake will redirect approximately 1-2% of its forecasted annual drilling budget away from efforts to increase natural gas supply toward projects that will instead stimulate increased natural gas demand. click here  >

Waste Management Adds 1000th Natural Gas Truck to Fleet
July 12, 2011 - Waste Management (WM) has grown its natural gas powered truck fleet to 1000, making it the largest owner and operator of clean-running, heavy duty refuse trucks in North America. At a ceremony at its Carson property in California, the company commemorated the delivery of its 1000th natural gas vehicle with Long Beach Mayor Bob Foster starting up the new recycling truck that will serve his city’s residents. The natural gas fleet is part of the company’s environmental sustainability initiative to direct capital spending of up to $500 million per annum over a 10-year period to reduce its fleet emissions. click here  >

Natural Gas Powered Honda Civic GX Gets California HOV Access Until 2015
July 12, 2011 - Honda, which is currently the only manufacturer in the United States selling a dedicated compressed natural gas (CNG) vehicle, might see a significant spike in demand for the Civic GX model. The reason? Honda has announced that the Civic Natural Gas will qualify for the White Clean Air Vehicle decals in California, which will allow access to the HOV lane through January 2015. Those who had Yellow Clean Air Vehicle decals (including the ever-popular Prius) had them expire earlier this month on July 1st, 2011. click here  >

Calif. Commission Awards Over $29M For Biofuel, NG Technology
July 12, 2011 - The California Energy Commission has approved more than $29 million for projects that advance biofuels and demonstrate California's commitment to develop cleaner transportation fuels. The seven awards total $29,675,072 and are funded through the commission's Alternative and Renewable Fuel and Vehicle Technology Program (AB 118), completing the first two years of the program funding cycle. "This is a major milestone for our program because it means we have awarded all $175 million from the first two years of the AB 118 program, plus another $14 million from the 2010-11 funding cycle," said Energy Commission Vice Chair James Boyd. "We have awarded more than 82 grants, public agency agreements and program support contracts totaling $189.4 million in AB 118 funding, leveraging more than $425 million in private match funding and creating or retaining about 5,600 jobs." click here  >

Clean Energy Fuels Soars As Chesapeake Promises To Buy Bonds
July 12, 2011 - Shares of Clean Energy Fuels (NASDAQ: CLNE - News), the largest provider of natural gas as transportation fuel in North America, are soaring 12% after Chesapeake Energy (NYSE: CHK - News), the second-largest U.S. natural gas producer, pledged to purchase $150 million in Clean Energy bonds over the next three years. Oklahoma-based Chesapeake's investment in Clean Energy, whose largest shareholder is legendary energy investor T. Boone Pickens, comes as part of a $1 billion fund formed by the former to promote increased natural gas use as a transportation fuel. click here  >

Chesapeake to spend $1 billion to hasten natural gas adoption as fuel
July 11, 2011 - Chesapeake Energy, a major producer of natural gas from shale, said it would invest $1 billion over 10 years in companies to hasten the adoption of natural gas as a fuel for trucks and cars. It said it had purchased $150 million of convertible bonds in Clean Energy Fuels Corp., where natural gas promoter T. Boone Pickens owns a major stake and sits on the board. Chesapeake chief executive Aubrey K. McClendon said it would help underwrite 150 liquefied natural gas refueling stations along highway trucking routes. click here  >

Ryder, Coke, GE Among 6 Firms Joining Obama's Green Fleet Program
July 7, 2011 - Six companies that collectively manage nearly 1 million vehicles have joined President Barack Obama's new program aimed at making the nation's largest private fleets more fuel efficient. In joining the National Clean Fleets Partnership, Coca-Cola, Enterprise Holdings, General Electric, Osram Sylvania, Ryder and Staples will identify, test, adopt and share fuel reduction strategies and technologies. Already the new partners have a deep bench of collective practices to draw from, including extensive deployment of alternative fuel vehicles. click here  >

Cummins Westport Inc Celebrates 10,000th ISL G Engine
July 7, 2011 - Cummins Westport Inc. (CWI), a provider of high-performance, alternative fuel engines for the global market, has celebrated the production of the 10,000th ISL G natural gas engine at the Cummins Engine Plant, also known as the Rocky Mountains Engine Plant (RMEP) in North Carolina. Cummins Westport ISL G engines are sold globally in a variety of applications including shuttle and school buses, urban transit, vocational, and medium and heavy-duty truck and tractor applications. click here  >

General Motors Deal Hints at a Future for Natural-Gas Powered Cars
July 7, 2011 - Natural-gas powered passenger cars may be going mainstream in the US. General Motors signed an agreement with Vancouver-based Westport Innovations Inc. (WPT.TO) to develop natural gas engine controls, emissions and performance strategies. Reuters reports that the multi-million dollar project will focus on light-weight engines as small as 0.5 liters, a size that would be used in small, passenger vehicles. click here  >

Infrastructure Developments Declares Support for the NAT GAS Act
July 7, 2011 - Infrastructure Developments Corp. (OTCBB: IDVC) has declared support for the New Alternative Transportation to Give America Solutions (NAT GAS) Act of 2011. The proposed law, introduced by Rep. John Sullivan (R-OK), Vice Chair of the House Energy and Power Subcommittee, would expand tax credits for the purchase of natural gas vehicles (NGVs), encourage manufacturers to produce dedicated NGVs, and provide incentives for developing NGV fueling infrastructure. click here  >

Oil Supply Vulnerability Highlights Need to Step Up Natural Gas Vehicles Programs
July 1, 2011 - The uncertainty surrounding oil markets has been demonstrated by an intervention last week from the International Energy Agency (IEA) calling for the release of 60 million barrels of oil from emergency reserves of its member nations. While some analysts have questioned the need for the stock release at this time, it reminds us that oil supplies, the lifeblood of most economies, are a fragile balancing act. The release also follows a report issued by the IEA suggesting that we are entering a 'golden age' of natural gas. From an overall fuel supply perspective it highlights what the IEA refers to as "oil's twilight" and the need for new mainstream alternatives. click here  >

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