this stock should go beyond its 52 week high. This was a sea change in the administration's policy. Obama put forth a brand new vision for mass transport and commercial transport in the Western Hemisphere.
If US changes, so does the Americas.
Obama just wants to spend more
Since jobs are nor being created
Government spend more
Well he needs the money
So more drilling by opening federal lands
cover that with move to energy in dependency
So he will spend on wind, solar and electric vehicles
no announcement on government changing to ng vehicles ,nothing on new ng law
As always for him
More government spending
Are you blind? He's not going to announce a trillion dollars for NG gas stations all of a sudden. He's going to set it up so that the market forces grow the system by itself.
The economics are there already. Read the news on how much NG moves a ton of freight for what, 20% less, 30% less at current prices?
There just needs to be a nudging to private industry to accept this form of fuel. Obama is looking for ways to do that.
Plus CLNE is already building another 60 or whatever stations, probably much more now with this announcment by Obama.
We produce more natural gas than ever before – and nearly everyone’s energy bill is lower because of it. And over the last four years, our emissions of the dangerous carbon pollution that threatens our planet have actually fallen.
In the meantime, the natural gas boom has led to cleaner power and greater energy independence. That’s why my Administration will keep cutting red tape and speeding up new oil and gas permits. But I also want to work with this Congress to encourage the research and technology that helps natural gas burn even cleaner and protects our air and water.
You must be short CLNE asyou left off the most positive piece related to CLNE as even Obama knows that youo cannot run big trucks and most cars in the US on solar, wind, and batteries so Obama is clearly indicating natural gas to replace oil, "off oil for good".
So tonight, I propose we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. If a non-partisan coalition of CEOs and retired generals and admirals can get behind this idea, then so can we. Let's take their advice and free our families and businesses from the painful spikes in gas prices we've put up with for far too long.
Sentiment: Strong Buy
Yep, Obama, who up to this point has been against natural gas, said we have to get our cars and trucks off oil. He did not say natural gas was the solution but even Obama cannot think we can run big truck and most cars on wind, solar and batteries!!!
Sentiment: Strong Buy