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    market news

    U.S. Department of Energy to Provide $4.5 Billion to Expand Use of Alternative Fuel Vehicles

    Teresa Matich
    Jul. 22, 2014 08:47AM PST
    Oil and Gas Investing

    Natural Gas Intel reported that the United States Department of Energy (DOE) has offered $4.5 billion as part of the Clean Cities Program in order to expand the use of alternative fuel vehicles. Natural gas and propane interests are anticipated to be the main competitors for funding.

    Natural Gas Intel reported that the United States Department of Energy (DOE) has offered $4.5 billion as part of the Clean Cities Program in order to expand the use of alternative fuel vehicles. Natural gas and propane interests are anticipated to be the main competitors for funding.

    As quoted in the publication:

    In its Clean Cities funding, DOE expressly is looking for projects that include natural gas and propane, along with plug-in electric and flexible fuel vehicles. Funding is slated to support “seven to 15 deployment projects” in one of three groupings: on-the-road demonstrations, safety-related training, and emergency preparedness.

    Click here to read the full Natural Gas Intel article.

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