This new fuel infrastructure strengthens California's economy [image-nocss] by keeping dollars, otherwise spent on foreign oil, within the state while creating hundreds of new green-collar jobs. The total five year economic output from deploying the new statewide renewable fuel infrastructure is estimated to be more than $200 million. Additionally, Propel is committed to acquiring renewable fuels from California producers, which will offset the import of more than 100 million gallons of petroleum per year, and is estimated to generate over $400 million of direct and indirect economic activity within California.
"With transportation fuels making up 40% of the state's greenhouse gas emissions, these alternative fueling stations are exactly what I envisioned when I called for California to establish the world's first low-carbon fuel standard," Governor Arnold Schwarzenegger said. "By providing drivers with a choice of fuel options, today's announcement illustrates how the private sector is joining the public sector to help lower the Golden State's carbon footprint. This is the kind of leadership that will lead to the creation of a booming low carbon fuel market and help us meet our aggressive climate change goals."
In order to help meet California's growing demand for clean, renewable, low carbon fuels, Propel has recently moved their headquarters from Seattle to Sacramento, which will create dozens of headquarters jobs in California. California's greenhouse gas laws, alternative fuel programs, the low-carbon fuel standard, and Schwarzenegger's environmental and economic leadership are the drivers that led Propel to California.
"Right now, more than 70,000 drivers in the Sacramento-area have the ability to put low-carbon, American made fuels in their tanks, but there are few locations that offer them," said Rob Elam, CEO of Propel. "Our network of stations will change that by making it convenient to use domestically produced, environmentally friendly fuels. For the first time, Sacramento-area individuals and businesses have true choice at the pump, giving them the ability to reduce their carbon footprint as well as our reliance on imported fossil fuels."
The first Propel stations will be co-located at gas stations in Elk Grove, Rocklin, Citrus Heights and Sacramento. Propel stations will be open 24-7 and accept all major credit, debit and fleet cards. A map of current Propel locations is available at www.propelfuels.com.
Propel builds, owns and operates a network of Clean Fuel Points: green-built, self-serve filling stations providing drivers convenient access to clean, American, low-carbon fuels. The company was founded in 2004 to offer drivers, station owners and fleet operators a cleaner fuel choice that both reduces carbon emissions and America's dependency on foreign oil. Propel has also developed CleanDrive, the nation's first integrated carbon emission reduction tracking platform. CleanDrive, paired with Propel's station network, provides the platform necessary to track and bank carbon reductions.
Based in Sacramento, Calif., with offices in Seattle, Propel operates a growing network of Clean Fuel Points in Washington state and California.
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