Final answer:
Chemical potential energy is the energy stored in the chemical bonds of a substance, such as in foods and fuels. When these bonds are broken, chemical energy is released.
Step-by-step explanation:
Chemical potential energy is the energy stored in the chemical bonds of a substance, such as in foods and fuels. When these bonds are broken, chemical energy is released. For example, when gasoline is burned in a car's engine, the chemical potential energy in the gasoline is transformed into work to move the car and heat to make the engine hot. Therefore, the statement is true.