Cramer gonna have CEO on tonight...BUY BUY BUY WPRT!! future energy mover!
this will SAVE AMERICA.. natural gas engines so we can be energy leaders. exporting natural gas and the engines that go with it... WPRT has it all working with CUMMINS. Trucks already running. future expolsive technology!!!
Cramer wasn't totally supportive and asked probing questions. Sounds like WPRT is on track and this is a good long term hold but not a quick trade inlight of tax selling etc... I will use it in my IRAs come JAN 13.
Could not agree more. Been talking about this for some time now. The Obama policies promise to boost the demand for NG in vehicles and power plants and facilitate domestic oil and gas output to levels not seen in more than two decades. The re-election of Obama and continuation of Republican control of the house opens the possibility for legislation to boost demand for gas, including incentives for NG Vehicles. We have the cheapest fuel in the world. If we converted 8 million heavy duty trucks to NG, we would save 3 million barrels of oil a day. This would create jobs and NG is cheaper and cleaner than diesel.
In addition to the oil savings, the planet should thank us as well. Im all for Obama passing legislation requiring all Heavy Haulers to convert all or majority of their fleet to Westports NG engine conversion. I have read in the past Port of Long Beach will require all trucks picking up cargo there to convert at some point. Not sure about the details.