Provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada, based on the number of stations operated and the amount of gasoline gallon equivalents of CNG and LNG delivered.
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Clean Energy's bet on natural gas fueling station for fleets will payoff for long haul truckers just as it has for waste management companies and behind-the-fence operations. Even without government incentives, the price of upgrading existing tractor trailers has decreased substantially in recent years, and the fuel price discrepancy remains attractive as diesel prices have spiked. I do not think diesel will dip substantially even with an economic downturn because the cost of discovering/refining a barrel of oil has practically doubled in the past couple years. Companies seem more than willing to get into the natural gas game, and studies have shown that natural gas prices will not surge even with export plans in place..
Good analysis. Looking for a Champion in Washington to bring this to the limelight.
Thanks, TMFBoomer how are you covering your long? Any help about calls & puts as of 1/29/13. I'm look to use CLNE as a extra income for my retirement check....monthly or quarterly.jpmj4847
Thanks, TMFBoomer how are you covering your long? Any help about calls & puts as of 1/29/13. I'm look to use CLNE as a extra income for my retirement check....monthly or quarterly.jpmj4847