TruStar Energy Continues to Expand CNG Fueling Network
TruStar Energy completed 41 stations for public and private use in 2015, almost doubling the number of CNG stations from 2014, and bringing total completed stations by TruStar Energy to 120. This was accomplished during this period of unusually low oil prices.
TruStar is seeing the demand for public and private CNG-fueling stations by fleet owners and operators across the U.S. continue to increase due to natural gas fuel’s more stable pricing, lower carbon footprint, and an attractive ROI for certain applications.
“Despite the low price of oil, the transition to CNG still makes environmental and financial sense for many fleet owners,” said Adam Comora, President of TruStar Energy. “We are seeing strong demand for CNG fueled vehicles and fueling stations in the refuse industry because of the financial benefits and by municipalities where sustainability is of paramount importance. With the right application, larger corporations that operate their own fleets are beginning to shift to CNG because the economics can still be supported and the abundant, domestically produced fuel shields them from the volatility of diesel prices.”
TruStar sees another strong year of construction revenue growth, expansion of TruStar Energy branded public locations, and the continued roll out of a TruStar Energy national service platform.