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UPS to invest $130M in > 700 natural gas vehicles and infrastructure; > $1B invested in alt fuels since 2008

Green Car Congress

This $130-million dollar investment in CNG capacity for 2018 builds on previous UPS investments of $100 million dollars in 2016 and $90 million dollars in 2017. Fort Worth, Texas; and Arlington, Texas. Last year, UPS used 15 million gallon equivalents of RNG. The five new CNG stations will be in Goodyear, Ariz.; Plainfield, Ind.;

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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Liquids represented 57% of the reserves, up from 53% in 2016. As a result of higher prices in 2017 relative to 2016, about 900 million oil-equivalent barrels in North America qualified as proved reserves under SEC guidelines due primarily to the extension of the projected economic end-of-field-life. Exxon Mobil Corporation added 2.7

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App-based mobile gas station Booster Fuels raises $20M in Series B

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Fuel consumption reached record highs in 2016. Booster has become a highly sought-after perk at more than 300 large employers including Cisco, Oracle, Gilead, eBay, PepsiCo, Facebook, as well as most of the Fortune 100 companies based in Booster’s two current service regions: the Dallas-Fort Worth and San Francisco Bay areas.

Gas 150
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Texas Automated Vehicle Proving Ground Partnership forms; applying for national designation

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The partnership builds upon the momentum of the US Department of Transportation (USDOT) Smart City Challenge, in which Austin was a finalist, and is a direct outcome of the Texas Mobility Summit held 1–2 December 2016. Dallas/Fort Worth/Arlington Area — UTA campus, Arlington streets, I-30 corridor and Managed Lanes.

Texas 150
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Linear Labs closes $4.5M seed round to fund commercialization of new electric motor technology

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Brad Hunstable is former CEO and Founder of Ustream, a pioneering live-video streaming service that sold to IBM in 2016 for $150 million. Linear Labs was founded in 2014 in Texas by Brad and Fred Hunstable. —Fred Hunstable, CTO of Linear Labs.