Saturday, June 9, 2012

The Gas Station of the Future

America’s first multi-service gas station that would serve drivers, cyclists and mass transit commuters opened recently in California. The station would allow drivers to pump gasoline, ethanol, and biodiesel, cyclists to get tune-ups, and commuters to find public transit schedules

Propel Fuels, a start-up company backed by venture capitalists and the US Government plans to open 100 more stations in the next four years. “The gasoline stations don’t want a competitor but the alternative fuels industry is dependent on its largest competitor as a pathway to the market,” says Geoff Cooper, vice president of research and analysis at the Renewable Fuels Association.



Reference: Klein, Karen E., The Gas Station of the Future Just Opened, Businessweek.com, June 1, 2012

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