Breaking News

Tweet TWEET

Love’s Opens First “Fast Fill” CNG Facility for Heavy-Duty Trucks

  Love’s Opens First “Fast Fill” CNG Facility for Heavy-Duty Trucks

 Company testing first CNG engine with plans to order more for 300-truck fuel
                                delivery fleet
             Oklahoma Governor Mary Fallin speaks at announcement

Business Wire

OKLAHOMA CITY -- October 08, 2012

Love’s Travel Stops announced today the opening of its first compressed
natural gas (CNG) fuel facility designed for rapid fueling of heavy-duty
trucks. Additionally, the company announced they are testing their first
11.9-liter CNG engine with plans to purchase more for their 300-truck, fuel
delivery fleet.

The announcement signals the company’s commitment to offer CNG as a viable
alternative fuel for the trucking industry. Offering the product in a
fast-fill dispenser enables efficient fueling of heavy-duty trucks. Currently,
a gallon-equivalent of CNG is approximately $2 less than a gallon of diesel.
Compressed natural gas is also an abundant, domestic fuel that is cleaner
burning.

Tom Love, founder and CEO of Love’s Travel Stops, said, “Love’s continues to
listen to the needs of our customers and give them options by adding our first
CNG fueling facility for professional drivers. We are monitoring demand for
CNG and are looking to expand the availability of fast-fill CNG at our
Oklahoma and Texas travel stop locations.”

Special guest, Oklahoma Governor Mary Fallin, also spoke at the event.

Fallin, who is a nationally recognized natural gas champion, said, “Love’s is
one of Oklahoma’s finest examples of innovation and leadership. Their
commitment to advance natural gas as a transportation fuel is a milestone for
our state and our nation. Oklahoma is a state rich with natural gas resources,
and companies like Love’s are leading the way in providing infrastructure that
stimulates more demand for natural gas, a cleaner burning, more affordable
fuel that supports the creation of American jobs.”

Love’s began offering CNG for light-duty and consumer vehicles at smaller
locations in Oklahoma in early 2011 through a partnership with Oklahoma
City-based Chesapeake Energy.

After conducting extensive research on natural-gas alternatives for heavy-duty
trucks, the company saw benefits of using CNG for their own fuel delivery
fleet. Love’s also believes regional trucking fleets have an opportunity to
take advantage of the cost savings.

The company’s first fast-fill CNG fueling facility is located at the Love’s
Travel Stop on Interstate 40 at the Morgan Road exit in Oklahoma City where
the ceremony was held.

About Love’s Travel Stops - Founded in 1964 by Tom Love, Love’s Travel Stops
is headquartered in Oklahoma City, Okla., and remains entirely family-owned
and operated. With more than 290 locations and 150 truck tire care centers in
39 states, Love’s approximate growth rate is 20 stores per year. Love’s is
currently ranked No. 7 on Forbes Magazine’s annual listing of America’s
largest privately held companies. To learn more, visit www.loves.com, Facebook
(www.facebook.com/lovestravelstops), or follow @LovesTravelStop on Twitter.

Contact:

Love’s Travel Stops & Country Stores
Kyla Turner, 405-242-2478
Cell: 405-365-6859
kyla.turner@loves.com
 
Press spacebar to pause and continue. Press esc to stop.