In 2010, Chesapeake and its fuel retail partners opened 14 CNG stations throughout the state, bringing Oklahoma’s public available natural gas stations to 42. The company said it expects hundred more stations to open across the country in the next few years to support the transition to CNG by large fleet operators.
Aubrey K. McClendon, Chesapeake’s CEO, said: “As President Obama recently stated, we must take aggressive actions immediately to begin reducing OPEC (Organization of the Petroleum Exporting Countries) oil imports. With fuel prices expected to exceed USD 4.00 a gallon nationwide as unrest continues in the Middle East, it was time to produce American natural gas. We are pleased the President has acknowledged the environmental and economic benefits to our country from the increased use of natural gas as a transportation fuel in his recent speeches”.
Source: Chesapeake Energy Corporation