Understanding the Winter Freeze and Alt-Fuel Prices
Business Fleet
With much of the country suffering under frigid winter weather, a spike in home heating demand sent wholesale natural gas prices to their highest level last week in nearly four years. You might think the specter of shortages and skyrocketing pump prices is sending shivers down the spines of fleets using alternative fuels such as CNG (compressed natural gas) and propane autogas – though the reality is more “business as usual”.