Thursday, October 23, 2014
Questar Fueling Announces Opening of CNG-Fueling Station in Dallas
DALLAS – Questar Fueling Company, a subsidiary of Questar Corporation (NYSE:STR), opened its newest compressed natural gas (CNG) fueling station at 4243 Duncanville Road in Dallas, Texas. The public-access station will provide fast-fill CNG fueling for Frito-Lay and other fleet operators with medium- and heavy-duty trucks.
“We are pleased to be a part of Frito-Lay’s goal to be the most fuel-efficient fleet in the country,” said Craig Wagstaff, Questar Fueling executive vice president and COO. “Our transportation customers want clean fuels like reliable, low-cost natural gas for their fleets and they don’t have time for delays. That’s why our high-speed, high-volume CNG-fueling stations have captured their attention. Some of the nation’s largest fleet operators like Frito-Lay are transitioning to clean-burning natural gas, and we’re committed to developing the CNG-fueling infrastructure that keeps them on the road at lower cost.”
This is Questar Fueling’s third CNG station in Texas, with other stations in Houston and DeSoto. The company recently opened two stations in Kansas and, over the next 12 months, expects to open other stations along major U.S. transportation corridors in California, Connecticut, Nevada, Missouri, Ohio, Illinois and Georgia. Companies such as Frito-Lay, Swift Transportation, Central Freight Lines, Dart Transit and many others operating medium- and heavy-duty trucks are finding it easier to fill up with clean-burning natural gas. The new Dallas CNG station offers six high-speed fueling lanes for large trucks. The station will also be open to members of the general public who drive natural gas-powered vehicles. The price for CNG is currently about $2 per equivalent gallon compared to about $3.65 per gallon of diesel fuel.
There are over 15 million natural gas vehicles on the road worldwide – but only 140,000 are in the United States. Now that the U.S. has become the world’s largest natural gas producer, the transportation industry is accelerating its integration of natural gas-powered trucks.
Questar (NYSE: STR) is a Rockies-based integrated natural gas company with an enterprise value of about $5.5 billion and three complementary lines of business: retail natural gas distribution, interstate natural gas transportation and natural gas and oil development and production www.Questar.com
Posted by Unknown at 9:07 AM