Wednesday, April 6, 2011

Chesapeake marks milestone in Natural Gas conversion project

This sounds like a very economical project at a time when gasoline is moving to $4.00/gal.  Chesapeake estimates that the average savings in fuel alone will be around $11 million.  I haven't done the math but it looks like a win win situation.  By converting 4200 vehicles to natural gas Chesapeake will set into motion several things.  First pay less then a $1.50/unit of fuel is a great start. Also the market is flooded right now with natural gas so why not use it to our benefit. Then there is the feel good benefit, natural gas is a clean air fuel. With all these things in mind it is great to hear that Oklahoma has already started to provide this fuel for the public.  To read more click on the link:

Chesapeake converts to Natural Gas

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