Managing the Financial Side of Commercial Fleets

Ferrellgas and ROUSH Promote New Alt-Fuel Vehicle

June 04, 2009

Ferrellgas Partners, L.P., one of the nation's largest propane distributors, will be among the first to add the ROUSH Liquid Propane Injected Ford F-250 pickup truck to their alternative fuel fleet.  

The propane-powered 2010 Ford F-250 is manufactured in Livonia, Mich., by ROUSH Performance. Ferrellgas President and Chief Operating Officer Steve Wambold will be taking the truck on a "Road Show" through the Midwest June 15-18. The Ferrellgas "Road Show" will make several stops as it travels from Michigan to Kansas to educate consumers about the economic and environmental benefits of using propane as a motor fuel.  

Propane is the most widely used alternative fuel today, powering more than 10 million vehicles around the world. Operating costs typically range from 5 percent to 30 percent less than those of a gasoline-powered fleet, and, on average, create 20 percent less nitrogen oxides, up to 60 percent less carbon monoxide and fewer particulate emissions, according to the Propane Education & Research Council (PERC). Federal tax incentives are available through 2010 for both new alternative fuel vehicles and vehicles converted to run on an alternative fuel. These incentives include a credit of up to 50 cents per gallon for each gallon of alternative fuel used, as well as incentives for incremental vehicle costs and infrastructure credits. Many states also offer additional incentives. 

Motorsports legend Jack Roush, founder and chairman of the board of directors for ROUSH Enterprises, will present the keys to the new ROUSH Liquid Propane Injected F-250 to Wambold during a special presentation at the ROUSH Automotive Collection facility in Livonia, Mich. The ceremony will take place on June 11 at 4:30 p.m. (Eastern) and will be followed by a news conference in which Roush and Wambold will answer questions about the new truck and the work the two companies are doing to promote the use of propane as an alternative fuel. The doors are open to anyone interested in attending the event.  

Following the launch event, Wambold will drive the new ROUSH Liquid Propane Injected F-250 from the ROUSH manufacturing plant to Ferrellgas headquarters in Overland Park, Kan. The "Road Show" will include stops in various markets, including Columbus, Ohio; Indianapolis; and St. Louis. News conferences will be conducted in each market to give media and consumers a preview of the new truck and help raise awareness about the environmental and economic advantages of using propane as a motor fuel.

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