Clean Energy Fuels Shares Popped: What You Need to Know

• Report this Comment On September 07, 2011, at 4:46 PM, kmacattack wrote:

  Natural gas isn't "somewhat cleaner" than diesel, it produces 75 percent less CO 2, and no sulfur. The natural gas industry actually favors "cap and trade" legislation which would tax dirty burning fuels like diesel and coal, and use the funds from the tax to fund clean technologies. Natural gas burns so clean that the tax liability can be offset completely with the "trade" of planting tree farms, which eat CO 2. Although CO 2 is a naturally occurring compound found in earth's atmosphere, it is a toxic poison. If you ever saw the movie "Apollo 13" you might remember that the biggest danger the Astronauts aboard faced was being poisoned by the CO 2 in the cabin. We have 100 years supply at minimum of natural gas UNDER THE GROUND OF THE USA. We are about to witness the conversion in a fairly short time converting the nations long haul trucking fleet to natural gas, which will reduce foreign oil imports by about 50 percent within 5 years. The energy bill which would have funded this program was filibustered by ONE SENATOR, Mitch McConnell, who may have been influenced by a $500,000 campaign "contribution" from big oil and another $50,000 from the coal lobby just before the bill was to be approved in the senate. The election of Scott Brown in Massachusetts allowed McConnell to filibuster the bill. Several republicans supported it, but McConnell arm twisted them to get them to withdraw support, which will enable OPEC and their partners EXXON, BP, SHELL, etc. to continue to bleed us dry and control our foreign policy and financial health. About 3 weeks ago, Chesapeake committed $1 billion to this project, bypassing republican obstruction in congress, and pledging $150 million in capital to CLEAN ENERGY to build out the fueling stations on the nation's interstate highway system. The conversion will save the average trucker $1,000 per WEEK in fuel costs. CNG costs $1.39 per gallon equivalent locally versus $3.75 for diesel. When you are operating a vehicle that gets about 5 mpg at best and travels thousands of miles every week, it's a no brainier. With Shell and Westport joining forces, the plan is gaining more steam. Exxon purchased XTO, the largest natural gas producer in the US about a year ago in anticipation of this conversion. They will lose revenue with the decline in diesel sales, but can make much of it back selling natural gas. I just hope that Exxon and a few others are never able to gain a monopoly in the natural gas industry which they now have in the gasoline, diesel and home heating oil business. The chairman of Exxon recently admitted on "Meet the Press" that at least 40 percent of the price of oil and gasoline is due to manipulation. That would not be possible if there were not a monopoly in place. It would serve the country well if we examine which politicians are in the hip pockets of big oil and big coal lobbies, and get rid of those politicians, As a general rule, when the oil cartel and coal lobby wins, America loses..

• Report this Comment On September 08, 2011, at 1:27 AM, G44ca wrote:

  Re: "When the natural gas runs out,"

  By the time the natural gas runs out, our great, great, grandchildren will have been using fuel cells or other clean technology for transportation for decades.

• Report this Comment On September 08, 2011, at 9:50 AM, johnnyrocks wrote:

  re "kamacattck"

  I have got to tell you this one of the best comments regarding Natural Gas I have read to date. I cannot for the life of me understand why Washington is not jumping all over this. There is so much logic and truth behind the use of natural gas from just about every angle. It is hard for me to understand how slow progress has been.

• Report this Comment On September 08, 2011, at 11:24 AM, oldogartist wrote:

  Isn't McConnell just a 'pearl" .... The 'Frank Burns" of the senate ....

• Report this Comment On September 08, 2011, at 1:58 PM, FLNGFool wrote:

  Note that natural gas is not "a petrochemical product just like the oil, diesel, and gasoline we all know and loathe..."

  Speak for yourself about loathing natural gas. I happen to believe that it is the next generation fuel for the U.S.

  1. Less than 20% of natural production is associated with petroleum!

  2. Natural gas at ~$4.00/MMBtu is much more cost effective as a fuel than petroleum products costing $20-25/MMBtu.

  3. Natural gas in LNG form is easily transportable and still has a retail cost $1.00 to $2.00/gallon less than the equivalent diesel or gasoline (including all taxes).

  4. Hundreds of cryogenic gas plants are operating in the U.S. today separating the valuable ethane,propane, butane and condensates from the methane before compressing the natural gas into the pipeline. A potion of the clean natural gas produced by these facilities can be liquefied to make a very valuable product. This gas is much cleaner than pipeline natural gas that has water, CO2, nitrogen, odorants, etc.

  5. Natural gas is fast displacing coal as the power generation fuel of choice because gas fired cogen unts are so much easier to permit and build.The cost sturcture for natural gas fired power plants and infrastructure is and order of magnitude lower than solar and wind. It needs no federal sudsidies to be economic (although subsidies may provide incentive to accelerate the transition).

  6. LNG is the preferred replacement for diesel in trucks, trains and ships. Significant developments have been underway for a decade and are now rapidly making there way into the market place.

  7. The cost sturcture for LNG infrastructure is fas lower than solar and wind

• Report this Comment On September 12, 2011, at 11:08 AM, davidjnagel wrote:

  Two current questions are:

  Have there been any recent developments in cold fusion?

  Do you think that it will ever become reality?

  My answer to both questions is YES. Please see http://nucat-energy.com for more current information on Low Energy Nuclear Reactions (aka "cold fusion").

Add your comment.