Nice how the hedge hyenas tell us that in six years we can expect to see one million NG vehicles on the road. China could order a million tomorrow, not to mention India and the rest of the world.Who knows perhaps the US congress could pass a natural gas act. HaHaHa. Nifty way to seem like they support the stock while holding it down. LOL shorties. This stock is about to rocket.
Sentiment: Strong Buy
I am very puzzled, a second rate country Pakistan has every car, bus, truck and motor cycle fitted for natural gas as well as for gasoline and every gas station there has natural gas and gasoline pumps.
I saw every body was pumping natural gas and a very few gasoline. I rode in those cars and buses
and did not see any difference. I saw car needing gas again after 200 miles and bus did not need gas for 175 miles. People, some thing is wrong here, a very wrong. A second rate country is far advanced of this so called the most advanced country in the world. There are millions of cars, buses, trucks and motor cycles on the road there. I do not know what is the problem here. If that country can do it what is the problem here. Do not blame oil companies, blame the government of the country with large reserves of natural gas.
how about truth than bias feelings
Ng is coming
It takes time to get reliable cheap good systems and stations
In many parts of the world they have more ng and oil than they need
You get little for your ng because of cost to export
So you use ng in transportation
Their leaders decided to have ng
Does that mean we should?
Us is the leader of the world because of capitalism
Letting the market decide
Its not the Us could not its markets are always better
Look no farther than wind and solar
It is government resistance induced by large interests' resistance to nat gas as a surface fuel. In this corner, we have big oil and chemical mfgs. Exxon in particular wants to own the nat gas production in the US so that it can be sure to keep its use as a domestic surface fuel from growing; Exxon plans to ship what is not used for home htg and mfg to the far east as LNG, hoping to keep the price of domestic ng up (and hoping to keep production limited). In the other corner you have Big Environmentalists who are against all fossil fuels. Though they realize nat gas would improve air and environment, they also realize that as a clean, plentiful, and very cheap source, it would nix any hope of electric vehicles dominating the markets in their lifetimes. So they fight it too, attempting to promote fracking fears in the population. While there are quite a few Congressmen for nat gas, the money and special interests still dominate the government scene. Obama leads from behind.
The big money is talking down the market over the debt ceiling `crisis', hoping to get in after a minor correction (5%-10%), to then take advantage of the expected bull for the first two quarters. Best to hang tight if you are already in and enjoy the ride up after the debt scaremongering in the media is over. Another month of negative news at most, and then positive. For wprt, I hope obama replaces chu with byron dorgan. That would give a boost to nat gas stocks, and increase odds of a nat gas act being passed in some form. so even without better news or revenues than expected from wprt, the government side has a possibility of moving substantially more positive over next six months.
And Cummings has not done anything in China
Will they choose wprt is a question
Westport has allowed weichai to sell at a much lower profit margin
Can Cummings compete with US margin in China