CHEVRON DROPS PLAN TO EXPAND METHANOL PROGRAM

Chevron Corp. has suspended most of its program to install more methanol auto fuel pumps in California. The company cited very low demand for methanol fuel, renewed concerns about methanol's air emissions, and strong prospects for other fuels, notably reformulated gasoline and compressed natural gas. Methanol fuels earlier were considered the cornerstone of the state's push to back out gasoline use with alternate fuels to improve air quality. The emphasis has been on developing fleets

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