In the United States, 141 natural gas and hydrogen fueling stations were added in 2011, representing Fuel Delivery revenues of $227 million. In 2012, this is expected to grow to $502 million, a 121% increase.
The Fuel Delivery segment consists of two subsegments: Fueling Stations and Fuel Transportation Infrastructure. This information presented here includes market data only for natural gas and hydrogen fueling stations, and therefore understates the actual size of the Fuel Delivery segment.
Additional revenue from dedicated liquid biofuel fueling stations (such as E85 in the United States) is another major source of revenue that falls under the Fueling Stations subsegment, but for which data is not currently available. There is also no market data for the Fuel Transportation Infrastructure subsegment.
For 2011, global Fuel Delivery segment revenue totaled $2.2 billion, based on the market for new natural gas and hydrogen fueling stations. Global revenues are anticipated to drop to $1.9 billion in 2012, due to a reduction of new fueling stations in the Asia Pacific region. In the United States, 141 natural gas and hydrogen fueling stations were added in 2011, representing Fuel Delivery revenues of $227 million. In 2012, this is expected to grow to $502 million, a 121% increase.
Fueling Stations in the United States had an overall economic impact on 2011 U.S. GDP of $337 million, derived from the domestic content associated with U.S. Fuel Delivery segment revenue. This economic activity generated $34 million in federal tax revenue and an additional $16 million in state and local tax revenue. This economic impact does not include the additional economic benefits of Fuel Delivery exports to global markets.
gross domestic product
The Fuel Delivery segment contributed $337 million in increased U.S. GDP in 2011.
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