Chesapeake Energy to Invest $1 Billion in Natural Gas Cars
Natural gas is gaining ground as oil prices still linger around $100 a barrel; however, there are limited vehicles on the road that can run off of natural gas, and fueling infrastructure is certainly lacking. That is changing as countries like the U.S. diversify their transportation sectors to offer alternative fuel options, such as biofuels, hydrogen, electric and natural gas. Chesapeake Energy—the second largest producer of natural gas in the United States—is looking to fast-track development of natural gas vehicle fueling infrastructure, and is willing to invest $1 billion over the next 10 years to do so.
Switching from gasoline to
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Switching from gasoline to
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