These are short-term trends. Longer term, the 13-state initiative should help by converting state fleets to CNG. The new fueling stations (in which Chesapeake is a partner with Love's) will help unscramble a chicken-or-the-egg dilemma about CNG: Either demand for CNG will first lead to more fueling stations or more fueling stations will first incentivize the purchase of CNG vehicles.
Incentives are already in place — state tax credits for buying CNG vehicles and a pump price of less than $1.70 per gallon of gasoline equivalent. More are welcome. Most welcome of all would be higher yet relatively stable prices for gas.
In a state that remains the nation's fourth-largest natural gas producer, every citizen has a stake in the well-being of the gas industry and should be offering up the gas claps for any positive trends.