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Shell to Invest $300 Million on LNG Refuelling Station Network

OIL Price -- In an attempt to entice owners of trucking fleets to invest in trucks that run on super chilled natural gas the oil major Royal Dutch Shell is set to invest more than $300 million on creating a series of liquefied natural gas filling stations across the US.

James Burn, Shell’s manager of LNG transportation fuels, said that they will develop 200 LNG pumps across 100 Travel Centers of America refuelling stations in such a way as to allow LNG trucks to travel throughout the whole US. Burns said that trucking companies are reluctant to invest in LNG due to the uncertainty of availability of the fuel. “They want to have some comfort that the fuel is available,” he said. “We want to be the company that provides that comfort.”

Shell also intend to further attract truck fleets to by LNG trucks a

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Submitted Jun 18, 2012 By: mastermariner

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honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jun 22, 2012 2:52:08 AM Ignore honda0105 Report Abuse it's all about the next monopoly.
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jun 21, 2012 2:59:51 AM Ignore honda0105 Report Abuse carranco: who do you think pays / builds the interstates?
sparky808 Champion Author Honolulu Posts:2,998 Points:597,735 Joined:Sep 2011	Message Posted: Jun 19, 2012 10:16:07 AM Ignore sparky808 Report Abuse Thank you for posting.
carranco Champion Author Georgia Posts:1,027 Points:269,015 Joined:Dec 2008	Message Posted: Jun 18, 2012 8:03:39 PM Ignore carranco Report Abuse This is a great decision on Shell's part. I would prefer to keep the politicians out of it because they just mess things up 99% of the time. Building out the interstates will get things jump started.
hank1326 Champion Author Los Angeles Posts:8,909 Points:1,732,835 Joined:Jun 2008	Message Posted: Jun 18, 2012 3:22:44 PM Ignore hank1326 Report Abuse Like this practical decision. Wish our politician can follow this.
tidalwave3 Champion Author Tallahassee Posts:1,304 Points:1,462,950 Joined:Jun 2008	Message Posted: Jun 18, 2012 2:27:36 PM Ignore tidalwave3 Report Abuse Putting their $$ where their mouth is :)
snappytom2 Champion Author Corpus Christi Posts:3,546 Points:274,545 Joined:Jul 2008	Message Posted: Jun 18, 2012 1:35:15 PM Ignore snappytom2 Report Abuse So?
Gramps001 Champion Author North Carolina Posts:5,857 Points:1,365,390 Joined:Feb 2007	Message Posted: Jun 18, 2012 1:20:09 PM Ignore Gramps001 Report Abuse Good start for a practical application.
caddilac Champion Author Ontario Posts:16,600 Points:2,139,480 Joined:Apr 2007	Message Posted: Jun 18, 2012 1:12:30 PM Ignore caddilac Report Abuse MDTDriver writes, "And the price of one gallon of LNG HIGHER THAN GAS." MDTDriver do you have PROOF of that statement????? It is easy to type some Bovine Feces and foist it off as fact, but a whole lot harder to prove what you say.
FOURXFOUR Champion Author Boston Posts:2,461 Points:1,246,230 Joined:Aug 2005	Message Posted: Jun 18, 2012 1:09:12 PM Ignore FOURXFOUR Report Abuse about time for a real GREEN idea...when it works o'bozo will claim fame
tampacrvdriver Champion Author Tampa Posts:3,351 Points:712,210 Joined:May 2011	Message Posted: Jun 18, 2012 1:08:09 PM Ignore tampacrvdriver Report Abuse Good
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: Jun 18, 2012 1:07:11 PM Ignore mgune9 Report Abuse we need distribution system for private owners to ever be ready for NG vehicles
caddilac Champion Author Ontario Posts:16,600 Points:2,139,480 Joined:Apr 2007	Message Posted: Jun 18, 2012 1:06:28 PM Ignore caddilac Report Abuse I'd convert my current vehicle to run on LNG if there was a refueling station in my city. A couple of thousand to convert my current vehicle, which still looks and runs like new with just over 80K on the odometer, is a whole lot cheaper than buying a new vehicle. [Edited by: caddilac at 6/18/2012 4:07:52 PM EST]
vincentV All-Star Author Toronto Posts:652 Points:137,305 Joined:Oct 2010	Message Posted: Jun 18, 2012 1:06:23 PM Ignore vincentV Report Abuse wow
MDTDriver Champion Author California Posts:9,724 Points:2,155,395 Joined:Jul 2006	Message Posted: Jun 18, 2012 1:06:01 PM Ignore MDTDriver Report Abuse And the price of one gallon of LNG HIGHER THAN GAS.
julius1st4 Champion Author Ontario Posts:4,204 Points:1,190,375 Joined:Jul 2003	Message Posted: Jun 18, 2012 1:03:42 PM Ignore julius1st4 Report Abuse We'll need more facilities to produce L.N.G.
UseLessGasFolks Champion Author Iowa Posts:5,446 Points:1,295,850 Joined:Jul 2007	Message Posted: Jun 18, 2012 1:02:40 PM Ignore UseLessGasFolks Report Abuse This is interesting. It tells me they see the future shifting to alternatives.
dpt Champion Author Michigan Posts:2,250 Points:2,202,910 Joined:Mar 2005	Message Posted: Jun 18, 2012 1:01:20 PM Ignore dpt Report Abuse The more options the better.
firechief Champion Author New York Posts:3,441 Points:2,066,150 Joined:Mar 2004	Message Posted: Jun 18, 2012 1:00:47 PM Ignore firechief Report Abuse good
Feud Champion Author Ontario Posts:2,081 Points:306,265 Joined:Feb 2007	Message Posted: Jun 18, 2012 12:59:22 PM Ignore Feud Report Abuse Yup.
GoGoGoodyear Champion Author Los Angeles Posts:2,049 Points:507,105 Joined:Mar 2010	Message Posted: Jun 18, 2012 12:58:20 PM Ignore GoGoGoodyear Report Abuse This is good news not only for commercial trucking companies but for anyone who would want to own a NG vehicle. When all the NG filling stations are built NG will be available along major highway routes across the entire country. If use of NG cars picks up because of this, more gas stations will invest in NG fueling machinery so there will be even more places to gas up. That price guarantee contract should encourage some commercial truck operators to make the switch if they are thinking about it.
Digger52 Champion Author Chicago Posts:2,402 Points:847,960 Joined:Aug 2008	Message Posted: Jun 18, 2012 12:58:09 PM Ignore Digger52 Report Abuse OK
DickAAA Champion Author St. Louis Posts:2,266 Points:1,361,810 Joined:Jan 2005	Message Posted: Jun 18, 2012 12:57:51 PM Ignore DickAAA Report Abuse Hats off to Shell. Infrastructure is the only way Natural gas will enter the Auto/truck fuel arena.
ezone Champion Author Florida Posts:2,416 Points:946,135 Joined:Oct 2008	Message Posted: Jun 18, 2012 12:55:32 PM Ignore ezone Report Abuse This has to happen, and truck stops are the natural place for it to start. Only question is will LNG or CNG turn out to be the form of natural gas that fuels our commercial fleet? I doubt the infrastructure for both can be developed.
n3tbc Veteran Author Wilmington Posts:355 Points:332,825 Joined:Sep 2011	Message Posted: Jun 18, 2012 12:51:57 PM Ignore n3tbc Report Abuse Good Idea - Good Luck Shell.
rpr77 Champion Author Philadelphia Posts:3,895 Points:767,585 Joined:Mar 2011	Message Posted: Jun 18, 2012 12:50:54 PM Ignore rpr77 Report Abuse ok
69Bonne Champion Author Gary Posts:1,150 Points:473,150 Joined:Sep 2005	Message Posted: Jun 18, 2012 12:49:58 PM Ignore 69Bonne Report Abuse Good, we need one of the big boys to step up rather than government intervention.
hallows Champion Author St. Louis Posts:4,693 Points:2,803,645 Joined:Jun 2004	Message Posted: Jun 18, 2012 12:49:51 PM Ignore hallows Report Abuse OK!
grandamgt1 Champion Author Illinois Posts:2,341 Points:1,239,650 Joined:Apr 2008	Message Posted: Jun 18, 2012 12:48:41 PM Ignore grandamgt1 Report Abuse A step in the right direction
The_DR Champion Author New Jersey Posts:2,780 Points:584,840 Joined:Aug 2011	Message Posted: Jun 18, 2012 12:42:05 PM Ignore The_DR Report Abuse Fine by me.
jay93LA Champion Author New Orleans Posts:2,449 Points:599,710 Joined:Aug 2011	Message Posted: Jun 18, 2012 12:40:22 PM Ignore jay93LA Report Abuse go natural
LaVonneK Champion Author Iowa Posts:2,945 Points:626,750 Joined:Jul 2011	Message Posted: Jun 18, 2012 12:38:53 PM Ignore LaVonneK Report Abuse Oh.
Stevedog Champion Author Michigan Posts:3,853 Points:1,945,895 Joined:Jul 2006	Message Posted: Jun 18, 2012 12:38:53 PM Ignore Stevedog Report Abuse go Shell, lead the way
spiderjay Champion Author Little Rock Posts:4,773 Points:1,282,235 Joined:Oct 2005	Message Posted: Jun 18, 2012 12:38:29 PM Ignore spiderjay Report Abuse whats LNG
eye-spy Champion Author Quebec Posts:4,583 Points:2,416,870 Joined:Feb 2005	Message Posted: Jun 18, 2012 12:33:36 PM Ignore eye-spy Report Abuse First build the infrastructure. Secondly, make the price of LNG vehicles affordable. Now we are on the road to reduce our independency of oil.
GSORIOS Sophomore Author California Posts:153 Points:8,030 Joined:Jun 2012	Message Posted: Jun 18, 2012 12:30:02 PM Ignore GSORIOS Report Abuse Now they will own the process.
MustangRacing Champion Author Virginia Posts:1,838 Points:649,235 Joined:May 2011	Message Posted: Jun 18, 2012 12:27:14 PM Ignore MustangRacing Report Abuse This is good, and if successful will then lead to expanding service to automobiles.
TopGunn Champion Author Baltimore Posts:9,181 Points:2,615,305 Joined:Aug 2004	Message Posted: Jun 18, 2012 12:27:12 PM Ignore TopGunn Report Abuse Sounds good in theory. Time will tell.
AJeepLife All-Star Author Ottawa Posts:629 Points:331,045 Joined:Mar 2011	Message Posted: Jun 18, 2012 12:26:20 PM Ignore AJeepLife Report Abuse Good for shell to invest in alternatives- but frankly they are among the highest cost stations in the area- so this may also be an attempt to stay relevent in the North american retail fuel market.
Grismer Champion Author Kitchener-Waterloo Posts:8,529 Points:1,723,070 Joined:Apr 2008	Message Posted: Jun 18, 2012 12:25:24 PM Ignore Grismer Report Abuse Good plan. This type of privitized investment will pay off big time in the near future.
mconley1967 All-Star Author Louisville Posts:586 Points:360,230 Joined:Mar 2012	Message Posted: Jun 18, 2012 12:24:40 PM Ignore mconley1967 Report Abuse ok
redbeard47229 All-Star Author Indiana Posts:675 Points:43,045 Joined:Feb 2012	Message Posted: Jun 18, 2012 12:23:55 PM Ignore redbeard47229 Report Abuse this could help peeps driving LNG cars, NO?
REVLAW Champion Author San Antonio Posts:10,430 Points:2,006,295 Joined:Jul 2007	Message Posted: Jun 18, 2012 12:22:59 PM Ignore REVLAW Report Abuse Infrastructure is critical to any transportation development or change.
gils Champion Author Ohio Posts:1,701 Points:644,675 Joined:Feb 2011	Message Posted: Jun 18, 2012 12:21:18 PM Ignore gils Report Abuse ok
crusader1975 Champion Author Louisiana Posts:1,134 Points:308,475 Joined:Apr 2008	Message Posted: Jun 18, 2012 12:18:26 PM Ignore crusader1975 Report Abuse Nice to know they have the money to spend.
pper Champion Author Grand Rapids Posts:3,084 Points:669,870 Joined:May 2011	Message Posted: Jun 18, 2012 12:14:42 PM Ignore pper Report Abuse A few years ago Natural Gas went up in price because of shortage, now it's down, it'll go back up after they get us to change over.
cverbil All-Star Author San Jose Posts:544 Points:405,255 Joined:Apr 2005	Message Posted: Jun 18, 2012 12:13:07 PM Ignore cverbil Report Abuse yeah, they will find ways to manipulate CNG prices too
menagerie1013 Champion Author San Diego Posts:2,365 Points:689,240 Joined:Apr 2011	Message Posted: Jun 18, 2012 12:11:00 PM Ignore menagerie1013 Report Abuse As soon as more people use CNG, the price will skyrocket.
grammamNV Champion Author Nevada Posts:2,335 Points:372,425 Joined:Mar 2011	Message Posted: Jun 18, 2012 12:09:47 PM Ignore grammamNV Report Abuse 'bout time
gass12 Champion Author Omaha Posts:8,389 Points:2,303,715 Joined:Oct 2005	Message Posted: Jun 18, 2012 12:06:59 PM Ignore gass12 Report Abuse Natural Gas is the answer.