History of American Gas & Technology
American Gas & Technology LP, originally a Silicon Valley based start-up, completed, field tested, and certified its Natural Gas re-fueling system for vehicles in Santa Cruz. The Station can produce Liquefied Natural Gas (LNG) or Compressed Natural Gas (CNG) using feedstock from existing utility company pipelines and dispenses the finished product on-site. This enabling technology can produce the daily requirements for natural gas fuel for vehicles, most particularly fleet vehicles, where and when it is needed in an extremely small footprint. By producing LNG onsite, costly trucking is eliminated, expansive area for deliveries is eliminated, and wasteful burn-off during distribution and storage is eliminated.
American Gas & Technology is further enabling the fleet marketplace by converting virtually any vehicle to use natural gas by changing the fuel lines, the on-board computer systems, the fuel tank, and in some cases some diesel engine components to work with natural gas. These converted vehicles can work using only LNG, only CNG, or a combination of gasoline or diesel and CNG or LNG.
The company believes that the transportation fuel choice of the future is LNG due to its clean emissions, its driving range being on par with gasoline with only 20% extra fuel space, and exceptional economic value relative to gasoline. Further, LNG is the local fuel of choice given the substantial new reserves being accessed globally. Testing of the Liquefier Station in Santa Cruz by Ray Tate was completed in outdoor real estate under varying environmental conditions.
The principals at American Gas & Technology entered the perfect storm at the turn of the 21st Century. Market conditions have only gotten better due to the discovery of new reserves of natural gas - in North America and Globally.
Filed first 2 patents in the mid-90s.
AG&T re-fueling stations approved by American Society of Mechanical Engineers (ASME) and the National Fire Protection Agency.
Continued very aggressive testing throughout 1999.
The U.S. Department of Energy commissioned a study through Brookhaven National Labs which confirmed the performance and efficiency of the Liberty Station.
Granted our third and fourth patents.
Formed American Gas & Technology LP in accordance with State of Oregon regulations, investing more than $45 million in cash, equipment and labor.