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Technology Stocks : Energy Conversion Devices

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To: Michael Latas who wrote (3001)	1/18/1999 10:25:00 PM
From: Futurist	of 8393

Report: Methanol fuel stations feasible (Last updated 5:48 PM ET January 18) DETROIT, Jan. 18 (UPI) A report by the American Methanol Institute says many neighborhood gas stations can afford to add methanol pumps to serve customers with alternative-fuel vehicles. The report today says it would cost an existing gas station about $50,000 to add methanol, which could become a widely used fuel in California, New York and other states that require zero-emissions vehicles by 2003. The report says gas stations in Massachusetts, Germany and Japan also are likely to add methanol pumps in coming years. The institute report estimated it would cost $100 million to add methanol pumps at about 10 percent of the gas stations in a given region. The report by researchers Raymond Lewis and Gregory Dolan says California already has the nation's largest network of methanol fueling facilities. About 100 gas stations offer the fuel statewide, serving about 15,000 vehicles. The report is expected to be released at the upcoming SAE International Congress and Exposition in Detroit.

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