Texas governor signs natural gas bills

Jul 18, 2011

Texas Gov. Rick Perry signed three bills at Peterbilt Motors Co.’s plant in Denton, Texas, that support the development of natural gas initiatives in Texas, the truck maker announced. Senator Jane Nelson, Commissioner Bryan Shaw and Representatives James Keffer and Tan Parker were also in attendance.

Senate Bill 20 establishes a natural gas transportation corridor in the Texas Triangle, which includes Austin, Dallas/Fort Worth, Houston and San Antonio, by increasing the number of natural gas refueling stations and supporting the use of natural gas-powered trucks.

Several data on trucking industry variables go into FTR’s monthly Trucking Conditions Index: freight volumes, freight rates, fleet capacity, fleet bankruptcies, fuel price and financing. The individual metrics are combined into a single index that tracks the market conditions that influence fleet behavior. A positive score represents good, optimistic conditions. A negative score represents bad, pessimistic conditions. The index purports to show the industry’s general health at a glance.

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Texas governor signs natural gas bills

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