Account
United Parcel Service Inc said it will buy about 700 liquefied natural gas (LNG) vehicles and build four refueling stations by the end of 2014, as the logistics and courier services company ramps up its natural gas investments.UPS said that with natural gas prices 30-40 percent lower than imported diesel, and with U.S. production gearing up, it is investing more aggressively in natural gas infrastructure.The company now has more than 1,000 natural gas vehicles on the road across the world.Once the new project is completed, UPS will have one of the biggest LNG truck fleets in the world, the company said.Greenhouse gas emissions from natural gas trucks are about 20 percent lower than those of diesel trucks. That has been a talking point for the White House, but truckers say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high for a timely payback on such an investment.UPS said that, beyond favorable fuel cost and domestic resource access, the trucking ind...
Vehicle Production Group Chairman Fred Drasner on the development of natural - gas autos and how Americans can benefit from using the alternative fuel.
Gov. John Kasich explains
Bill Graves, former Governor of Kansas and American Trucking Association president and CEO, on how diesel prices are impacting the trucking industry and the potential regulations President Obama is calling for.
DOW JONES NEWSWIRESGeneral Electric Co. (GE) and natural gas producer Chesapeake Energy Corp. (CHK) said they will work together to develop new infrastructure to acc...
Heather Cabot shows how to find super-cheap gas
Tom Reilly of SCS Commodities gives his outlook for the price of oil amid unrest in Iran.
Ryder System CEO Greg Swienton on the company’s earnings, pension costs and the outlook for the economy.
Spectra Energy CEO Greg Ebel on its natural gas pipeline expansion plan which includes New York City.
There are two problems with the renewable-energy movement going forward -- President Obama and Al Gore . Gore is a very polarizing figure; the former VP's message is...
Ryder System CEO Greg Swienton on the state of business, economic growth and the demand for natural gas vehicles .
By Edward McAllisterNEW YORK (Reuters) - American automobiles have a limited diet, but gasoline's monopoly at the pump may be ending. The giant of U.S. automakers is...
Projections on Copper, platinum, and gold
Sen. Ron Wyden (D. Ore.), one of the leading voices on energy policy in the U.S. Senate, is laying the groundwork for a broad-based energy bill that could impose new...
Truckers considering natural gas as an alternative to high-priced diesel say the cost of vehicles that run on the cheap and cleaner-burning fuel is still too high fo...
Home satellite TV provider DISH Network Corp has signed a deal to run 200 of its trucks on propane, in the latest indication that the niche fuel could soon rival nat...
Clean. Abundant. Cheap. Domestic. What's not to like about natural gas? So why not use it to power a car?Most Americans think of natural gas as a fuel source to heat...
Recently, a news story reported that our neighbor to the north was richer than us. Yes, the average Canadian is worth more now than the average American.Some claim t...
Gulf Oil CEO Joe Petrowski on how the U.S. can achieve energy independence.
Former Shell CEO John Hofmeister on the factors driving the price of oil lower.
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2013 FOX News Network, LLC. All rights reserved.