News Archive - November 2010
Stepping on the Gas
November 29th, 2010 - Here's a question few people are likely to answer correctly: Which countries have the most natural-gas vehicles on the road?
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The DOE Gives Natural Gas Car Some Love
November 23rd, 2010 - The Department of Energy has joined the small group of supporters — led by the likes of T. Boone Pickens and Honda — of the natural gas car. On Monday afternoon, DOE Secretary Steven Chu announced a $50 million conditional loan commitment for a startup called The Vehicle Production Group (VPG), which will use the funds to make a six-passenger, wheel chair-accessible car that has a natural gas fueling option, called the MV-1.
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Shreveport businessmen heard about benefits of natural gas vehicles
November 17th, 2010 - North Shreveport Business Association members heard about the benefits of compressed natural gas (CNG) as an alternative fuel during the group's annual Thanksgiving dinner Tuesday. Sarie Joubert, of Chesapeake Energy, led the discussion at Louisiana Technical College in Shreveport. "Only one alternative fuel can take you from a Ford Focus to an 18-wheeler," she said. "And that's natural gas. You can't put a battery in an 18-wheeler and get it going down the road."
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Linde and Waste Management receive California Governor’s award for landfill gas to LNG facility
November 16th, 2010 - The world’s largest biofuel plant producing liquid natural gas from landfill gas has received a 2010 California Governor’s Environmental and Economic Leadership Award.
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Vacuum Truck Features Natural Gas
November 15th, 2010 - Freightliner Trucks delivered what it calls the first turnkey natural gas truck upfitted with a vacuum body. Developed in collaboration with Vac-Con, the Freightliner Business Class M2 112V Compressed Natural Gas truck will also be equipped with a CNG-powered auxiliary-mounted engine that powers the truck's water system.
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Los Angeles School Buses Getting Greener
November 10th, 2010 - Thanks to grants from the South Coast Air Quality Management District, the Los Angeles Unified School District will soon have a total of 403 CNG school buses operating across district boundaries, 317 of which will run out of a facility located about 15 miles south of downtown. click here >
CNG-vehicle parts producer opens in South Salt Lake
November 9th, 2010 - A Utah company is beginning production of compressed natural-gas-vehicle-conversion systems that General Motors will use on vans coming off an Indiana assembly line. Alternative Vehicle Solutions, located in a warehouse at 225 W. 2950 South just west of the TRAX line in South Salt Lake, celebrated its grand opening Tuesday. click here >
Chevron to buy Atlas Energy for $3.2 billion in cash and stock
November 9th, 2010 - Chevron will buy natural gas producer Atlas Energy Inc. in a cash-and-stock deal worth $3.2 billion, the companies said Tuesday. Including debt of about $1.1 billion, the deal is worth $4.3 billion in all. click here >
Obama to Face New Foes in Global Warming Fight
November 3rd, 2010 - Instead of seeking a broad approach to energy and climate change, Mr. Obama said, he would look for smaller policy bites that could attract Republican support. He said he hoped to generate wide support in the new Congress for further development of electric vehicles, for converting some of the nation’s heavy truck fleet to run on natural gas, for incentives for energy efficiency in buildings and appliances, and for more emphasis on renewable energy and nuclear power. He said such programs lead to innovation and can create thousands of jobs. click here >
Chesapeake CEO outlines "holy grail" for natural gas
November 3rd, 2010 - The "holy grail" for the U.S. natural gas industry would be the development and widespread use of gas as a liquid motor fuel, Chesapeake Energy CEO Aubrey McClendon told a packed crowd at the World Shale Gas Conference and Exhibition here today. click here >
Obama: Let’s join forces on energy
November 3rd, 2010 - President Barack Obama vowed today to find middle ground on energy issues with Republicans in the newly transformed Congress. Although sweeping proposals to tackle global warming are too controversial to pass on Capitol Hill, Obama held out hope that Democrats and Republicans could forge consensus on some smaller plans to advance cleaner-burning natural gas, electric cars and nuclear power. click here >
Why 2011 Could be the Year of the Oil Comeback
November 2nd, 2010 - Like every investor, I try to read voraciously to get an edge. I'm always on the lookout for investment angles that haven't gotten much press but could eventually turn into a market-moving event. So my ears perked up last week when I saw that hedge fund traders have recently been aggressively buying energy futures, betting that we'll soon see oil move up to $100 a barrel. In subsequent days, it's become easier to see the signs of $100 oil popping up on people's radars. click here >
Natural gas key to energy future?
November 2nd, 2010 - Natural gas could help drive a clean energy environment in an energy sector that expects substantial increases in demand, a Shell executive said in Singapore. click here >
Bus agency to open fueling stations to public
November 1st, 2010 - JOSHUA TREE — The Morongo Basin Transit Authority is looking to fuel the future. On Thursday, MBTA board members discussed the logistics of opening up the transit agency’s two compressed natural gas stations for public use. Located at the MBTA facilities in Twentynine Palms and Joshua Tree, the fuel stations are used to service the company’s own fleet. click here >
‘Operation Upcycle’ Applies Stimulus to Converting Gas Guzzling School Buses to Clean Energy
November 1st, 2010 - The National Association of Pupil Transportation (NAPT), in conjunction with NGV Fleet Partners, today unveiled Operation Upcycle (http://www.operationupcycle.org), a Stimulus program which aims to help school districts repower aging diesel engine school buses with new compressed natural gas (CNG) engines. By subsidizing the costs of conversion with low interest loans, this program looks to replicate the success of Tulsa (Okla.) Public Schools, which converted 175 buses to CNG in 2009-2010 through a mix of targeted tax credits. click here >
Clean Energy signs 10-year deal with L.A. transit agency
November 1st, 2010 - Seal Beach-based Clean Energy will be fueling all of L.A. County Metropolitan Transportation Authority’s clean natural gas-powered buses that service downtown Los Angeles and the San Gabriel Valley, South Bay and West Side. click here >