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Royal Dutch Shell (RDS.A, RDS.B) today signed a preliminary agreement with truck-stop chain...

Royal Dutch Shell (RDS.A, RDS.B) today signed a preliminary agreement with truck-stop chain TravelCenters of America (TA +14.7%) to supply liquefied natural gas for heavy-duty trucks at 100 fueling stations across the U.S. starting in 2013. Shell hopes lower fuel costs will spark demand for alternative fuels for heavy-duty road transport trucks.
Comments (6)
  • TruffelPig
    , contributor
    Comments (4084) | Send Message
     
    Isn't CLNE doing that too?
    7 Jun 2012, 06:52 PM Reply Like
  • River18
    , contributor
    Comments (1473) | Send Message
     
    CLNE is putting the NG pumps at Pilot-Flying J truck stops. And Shell is providing to one of the other major truck stops .....
    TravelCenters of America

     

    http://bit.ly/MfH9qR
    8 Jun 2012, 12:23 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3080) | Send Message
     
    CLNE is doing that, but on a smaller scale. Now they have Shell as a competitor. Nearly wrote about CLNE in my last article, but seemed that a paragraph would be too little information, so I erased that part.

     

    http://seekingalpha.co...

     

    I think CLNE can move towards being profitable, but none should think they will be the only company doing this. Besides Shell, I would expect Chevron to show interest in this area in the future.
    7 Jun 2012, 07:11 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4084) | Send Message
     
    TY Herr Hansa, very informative.
    7 Jun 2012, 07:21 PM Reply Like
  • J 457
    , contributor
    Comments (951) | Send Message
     
    Wouldn't be surprised to see CLNE scooped up by a major oil player in the coming months, IF Obama would ever stand behind NG.
    7 Jun 2012, 07:34 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    He's too busy trying to shove Chevy Volts down everyone's throat to do the smart thing with natural gas.

     

    I like this news, though, being long RDS.
    7 Jun 2012, 08:14 PM Reply Like
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