Top 20 Propane Retailer Paraco Gas Joins National Alliance AutoGas Network


ASHEVILLE, N.C., June 11, 2012 (GLOBE NEWSWIRE) -- Paraco Gas Corp., named one of the top 20 propane retailers in the country by LP Gas magazine, has joined the national Alliance AutoGas network to provide a complete alternative fuel program to fleets in areas of Connecticut as well as New York City and surrounding counties. As an Alliance partner, Paraco will help fleets switch to propane autogas, a cost-effective, American-made fuel that's more affordable to implement than other clean fuels on the market today.

"Autogas is a rapidly growing segment of the propane industry; by partnering with Alliance AutoGas, we're leveraging our combined years of experience and knowledge to offer the ultimate clean fuel solution to American fleets," says Michael Gioffre, president of Paraco South. "Fueling stations and vehicle conversions for propane autogas are a fraction of the price of compressed natural gas technology. Switching to autogas will help fleets cut costs, while reducing their carbon footprint and lessening U.S. dependence on foreign oil."

Ninety-eight percent of the U.S. propane autogas supply is made in America, so autogas fleets are doing their part to enhance national energy security. Fleets running on autogas are currently saving around $1.50 per gallon compared to gasoline; and, because autogas is a cleaner-burning fuel, they also report reduced maintenance needs and increased engine life.

"Paraco Gas is a welcome addition to our national network of partners working to meet the growing demand from U.S. fleets for affordable alternative fuel," says Stuart Weidie, president of Alliance AutoGas and founder of industry coalition Autogas for America. "It's simple and economical for fleets to switch from gasoline to autogas - especially when you compare the complicated logistics and high costs of switching to another fuel like natural gas. That's part of the reason autogas already powers more vehicles than natural gas, and we'll continue to see that gap widen."

Alliance AutoGas provides autogas vehicle conversions, installation of a fuel station at the fleet base, data integration for fuel management systems, operational and safety training, and ongoing technical support for fleets. Alliance also offers funding options that enable fleets to switch to autogas at no upfront cost.

Paraco Gas Corporation is one of the largest privately held marketers of propane gas in the state of New York and one of the top regional marketers in the Northeast. Over 44 years in business, Paraco has expanded its service area to include New York, Connecticut, Pennsylvania, Massachusetts, New Jersey, Vermont, Rhode Island, Georgia, Florida and Illinois. Paraco is dedicated to maintaining excellence, integrity and safety for the communities they serve. As an Alliance AutoGas partner, Paraco will cover the five boroughs of New York City, which include Manhattan, Brooklyn, Queens, the Bronx and Staten Island. Paraco also services Suffolk, Nassau, Westchester, Putnam, Rockland, Dutchess and Columbia counties in New York; and the counties of Fairfield, New Haven, Middlesex, Hartford and New London in Connecticut. Visit www.paracogas.com for more information.

About Alliance AutoGas

Alliance AutoGas enables fleet managers nationwide to use clean, economical, American-made autogas through vehicle conversions, on-site fueling and ongoing safety training and technical support. Public and private fleets are saving thousands on fuel costs and helping to ensure clean air for future generations through the Alliance AutoGas complete program. The Alliance partner network of U.S. propane marketers and conversion centers is experiencing tremendous growth, currently spanning 38 states. Learn more at: www.allianceautogas.com. For general questions, contact David Finder, National Energy Programs Manager, dmfinder@allianceautogas.com or (828) 251-0027.

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