A compressed natural gas storage and dispensing system having bulk storage tanks in fluid communication with a natural gas supply source; a primary compressor delivering the natural gas to the bulk storage tanks; dispensing storage tanks in fluid communication with the bulk storage tanks and in fluid communication with fuel dispensers; a secondary compressor delivering the natural gas to the dispensing storage tanks from the bulk storage tanks; wherein when the pressure within the dispensing storage tanks falls below a predetermined minimum pressure, natural gas is delivered from the bulk storage tanks to the dispensing storage tanks, and wherein when the pressure in the bulk storage tanks falls below a predetermined minimum pressure, natural gas is delivered from the supply source to the bulk storage tanks.