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SEAL BEACH, Calif., Oct 29, 2010 (BUSINESS WIRE) -- Clean Energy Fuels Corp. (Nasdaq:CLNE) has secured a new 10-year contract from the L.A. County Metropolitan Transportation Authority (METRO) to operate CNG facilities that fuel METRO CNG buses deployed in the agency's Downtown Los Angeles, San Gabriel Valley, South Bay and Westside Divisions.
Clean Energy will have sole responsibility to operate and maintain all 10 of METRO's CNG facilities that supply the METRO fleet with 40 million gallons of CNG fuel annually when the transition is complete.
Earlier this year METRO awarded three other station contracts to Clean Energy, which affected six of METRO's CNG fueling facilities located throughout the agency's 1,433-square mile service area.
wasn't that hard to find robert
"What are they doing now to increase the sale of NG and keeping busy those stations already open?"
guess this answers your question
Cummins Westport Announces Award for over 900 Natural Gas Buses Powered by ISL G VANCOUVER, Feb. 5, 2013 /PRNewswire via COMTEX/ -- ~New Transit Fleet Order from LA and San Diego Largest Ever in North America~ Cummins Westport Inc. (CWI), a leading provider of high-performance, alternative fuel engines for the North American on-highway market, is supplying engines for two of the largest natural gas transit fleet orders in North America to date. In January, LA Metro announced its plans to order 550 New Flyer Xcelsior natural gas buses, powered with the Cummins Westport ISL G 8.9 litre engine to be deployed in 2014 and 2015, with an option to purchase an additional 350 buses in 2016 for both its own fleet and contract operators. LA Metro has one of the largest transit fleets in North America. "We have had a good working relationship with Cummins Westport," said John Drayton, Manager for Vehicle Technology for LA Metro. "There are more than 1,500 natural gas buses in our fleet running on CWI engines. LA Metro is dedicated to being 100 percent natural gas, and CWI is a valued partner in that." In December 2012, the San Diego Metropolitan Transit System (SDMTS) announced the decision to purchase up to 350 Gillig 40-foot low floor buses and 118 New Flyer 60-foot low floor articulated buses, all powered with the CWI ISL G 8.9L. SDMTS will receive 47 articulated buses and 50 forty-foot buses in 2013, with another 50 per year being delivered to replace buses in the current compressed natural gas (CNG) fueled fleet over the following four years. "San Diego's transit system has been on the path of natural gas transportation for a long time, and our fleet is composed of 80 percent CNG vehicles," said Julio Ortiz, Director of Maintenance with SDMTS. "We have always been a good customer of CWI." Currently, there are more than 7,000 buses in municipal service across North America fueled by natural gas. "Substantial orders such as these from LA Metro and San Diego are ongoing evidence of the growing acceptance of natural gas in the transit market," said Jim Arthurs, President, Cummins Westport.
They spent the 1st 10 years promoting
At least now for the present they are building stations
They do not have the money to sell cheaper as they need the revenue
I would agree with what they are doing and you would assume that once they have stations built all along major routes and a variety of product now available and cost of trucks going down things will get a lot better
It will be a lot of red numbers this year
What clne would like is for the government to pay for increased cost of ng but in long run this is not good
1st IF federal than EPA will get authority to regulate
2nd If state than 25 cents per gallon tax added
good luck to clne and hope investors and company do well
CLNE lost $1.00 per share in the previous year. They do not seem to make money on their contracts. Margins on selling fuel are not that great, whether it is gasoline, diesel or natural gas.
how come you did not post that clne owns zero and as usual we know zero of terms
So how do you know if they get less per gallon the more used
Is this usual where you invest and know nothing as far as terms profit ,etc,
Could this be why the stock is doing bad or is it they have always lost money and nothing changed