Evolution Fuels CEO Dennis McLaughlin said, "We are seeing local increased activity related to the use of CNG as a transportation fuel from various sectors. The City of Dallas utilizes numerous fleet vehicles already using CNG, local automobile [image-nocss] conversion facilities are converting more and more private fleet vehicles over to CNG, and there are new and existing local, state and federal incentive programs in place for the implementation of CNG. We have even been in touch with a large independent natural gas production company to discuss implementing CNG dispensers at future fueling stations in this region of the United States."
He added, "I believe it is safe to say that the Dallas-Fort Worth metroplex market for publicly available CNG is currently underserved."
Company management stated that it has obtained quotes for the implementation of the CNG dispensers and necessary equipment and is currently evaluating the economics for the project.
Evolution Fuels endeavors to market renewable transportation fuels at retail fuel stations that it said will provide superior-quality fuels to competing fuel stations by virtue of the blending capability within the fuel dispensers at its stations and offering the blends at competitive prices. The stations will offer ethanol/gasoline blends of fuel including 10% ethanol/90% gasoline (E10), 20% ethanol/80% gasoline (E20), 30% ethanol/70% gasoline (E30), and 85% ethanol/15% gasoline (E85).The company's plan calls for the development of a chain of renewable fuel stations in the southwestern and southeastern United States that will be a combination of Evolution Fuels-branded fuel stations/convenience stores and western-motif truckstops modeled after Willie's Place Truck Stop in Carl's Corner, Texas.
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