Yellow Cab spends $8M to go natural (Dallas)
In a bid to cut costs and get front-of-the-line privileges at Dallas/Fort Worth International Airport, the biggest taxi company in North Texas plans to convert nearly all of its company-owned cabs from gasoline to compressed natural gas.
Despite a total conversion cost that could exceed $8 million, Yellow Cab President Jack Bewley believes the change will ultimately lower expenses, in large part because compressed natural gas runs about $1.99 a gallon compared to $2.60 for a gallon of regular gasoline. Yellow Cab officials also believe prices of compressed natural gas will be more stable in the long run than those of gasoline.
Is natural gas the best path to better air quality? Read more of this report in the Dallas Business Journal.
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