Innovation Brings Success Despite Depressed Oil Prices

Innovation Brings Success Despite Depressed Oil Prices

The past two years of depressed global oil prices have driven down gasoline and diesel prices making it difficult for c-store operations. However, despite the tough market conditions, there has been growth. By fostering innovation to lower-operating costs and flexibility, CNG has become more economical and even preferred in today’s fueling industry.

Technology advancements have focused on market segments that still have a high demand for CNG – such as states or geographic regions with critical air-quality standards. In such cases, CNG is the go-to fuel for fleets since the options are much more economical than electric vehicles with good and sometimes better emission profiles - especially for Cummins new ISL G Near Zero engine.  Additionally, the market is hungry for greener options. For customers who are carbon-footprint conscious, CNG is the perfect marketing avenue for your business.

The game-changing Cummins Westport ISL G NZ exhaust emissions are 90% lower than the current EPA NOx limit of 0.2 g/bhp-hr.  California ARB has defined this certified Near Zero emissions level of 0.02 g/bhp-hr NOx as equivalent to a 100% battery truck using electricity from a modern combined cycle natural gas power plant. The ISL G NZ also meets the 2017 EPA greenhouse gas emission requirements with a 9% GHG reduction from the current ISL G,” Cummins states. “Like the industry leading ISL G engine, the ISL G Near Zero operates on 100% natural gas which can be carried on the vehicle in either compressed (CNG) or liquefied (LNG) form.  The ISL G Near Zero can also run on renewable natural gas (RNG).”

Vehicular innovations give fleet operators economically-viable truck options in areas with stringent emissions standards. This thereby increases the ability to conduct business in those areas while eliminating the risk of non-compliance. Sustainability in fuel pricing is also a significant and valuable CNG advantage to both private and public fleet operators as well as stakeholders.

Technology has been able to not only help a business owner run sites smoother and remotely, but also help provide their customers the ultimate customer experience. Additionally, it delivers more prospects in lower-operating costs and in the case of CNG equipment – flexibility. For example, ANGI has developed a mobile application called ANGI CNG Live! to complement Gilbarco Veeder-Root’s Encore CNG dispensers. Though this mobile application, site owners can monitor their forecourt live 24/7.

With another set of eyes on their forecourt through the application in conjunction with a user-friendly interface, c-store owners will be able to view equipment screens, reports (such as historical performance, operational data, data logs, and more), and assets.

ANGI consistently focuses on providing purposeful innovation with lower-operating costs. With rigorous field trial programs, ANGI provides the best-in-class retail-payment solutions Gilbarco is known for PLUS superior CNG fuel performance. By standardizing the larger-diameter piping and valve arrangements, performing vigorous testing on all components (including extensive failure testing on valving), ANGI and Gilbarco offer green CNG equipment that comes with flexibility and is built to last.

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