The Iran nuclear crisis and rising global demand have spiked gas prices to over $4 a gallon, and both sides of Congress are exchanging words over the sensitive economic issue.
"We are not going to be able to just drill our way out of the problem of high gas prices," Obama told workers at a Daimler Trucks North America factory ... Anyone who tells you otherwise either doesn't know what they are talking about, or they are not telling you the truth" (via Reuters).
According to Reuters, "Obama's long-term fixes include raising fuel economy standards and providing incentives for Americans to make and buy products that run on alternative energy," such as increasing the tax incentives on electric cars and alternative-fuel trucks from $7,500 to $10,000.
Business section: Investing ideas
Do you think the clean energy industry will benefit in the coming years as oil becomes more and more unaffordable? For a closer look at the industry, we ran a screen on clean energy companies (those that use or produce clean sources of energy) for those that company insiders expect to outperform.
We screened for those with the highest levels of insider purchases over the last six months, indicating insiders such as members of the board and upper management expect these names to outperform.
Do you think they're poised to outperform? (Click here to access free, interactive tools to analyze these ideas.)
1. American Superconductor
2. FuelCell Energy
3. Federal Signal
4. Republic Services
5. MEMC Electronic Materials
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned above. Analyst ratings sourced from Zacks Investment Research.
Kapitall's Alexander Crawford does not own any of the shares mentioned above. Insider data sourced from Yahoo! Finance.
Motley Fool newsletter services have recommended buying shares of Republic Services. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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