NW Natural: Customers demanding right to fuel naturally
By Andy Giegerich
Digital Managing Editor
Northwest Natural Gas Company (NYSE: NWN), has filed a tariff with the Public Utility Commission of Oregon that could allow the company to install, own, and maintain equipment that allows business customers to fuel their natural gas vehicles with Compressed Natural Gas.
NW Natural proposed the offering after several businesses indicated they want to switch to or expand the number of their company’s fleet vehicles to natural gas.
“Some Oregon businesses that use natural gas for their fleets already have their own refueling stations because they have long recognized the price advantage and environmental benefits of this reliable and affordable fuel,” said Barbara Summers, NW Natural’s director of business development, in a statement. “Now, more and more businesses want to make the transition, and we want to be able to support them.”
Summers said the proposal supports Governor John Kitzhaber’s goal of developing a comprehensive alternative fuel program, as well as legislative interests in alternative fuels.
NW Natural said natural gas can reduce greenhouse gas emissions by nearly 30 percent and other smog-producing pollutants by up to 90 percent when compared to diesel or gasoline. The product’s prices have declined markedly over the past four years.
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