A recent Progressive Policy Institute study, “Natural Gas Vehicles: Driving America to a More Prosperous, Secure, and Sustainable Future,” determined that the “economic, environmental, and energy security benefits (of compressed natural gas [CNG]) are enormous.” The majority of Range’s field vehicle fleet is now powered by CNG.
“Range Resource is a natural gas company that is not only talking the talk, but they are walking the walk,” said
Rick Price, Executive Director of Pittsburgh Region Clean Cities.
Through an announced partnership with Chrysler and GM, we now have nearly 200 CNG vehicles in our corporate fleet. This helps improve air quality by cutting 25 percent of the emissions from traditional vehicles and it also helps reduce operational costs. These orders made Range the largest 2012 CNG corporate fleet purchaser for both Chrysler and GM.
Range has even found CNG fueling opportunities outside of the Company's fleet. In Pennsylvania, Range is using a natural gas powered drilling rig, which will be used continuously in our drilling program.
For more information see the Company's CNG announcement here: Range Announces CNG Fleet Investment.