SW ND got approx. 6-7 inches of wet heavy snow, but lead, deadwood SD got 43 inches of snow. Even out of the hills at spearfish airport got 26 inches of snow.. the Hills were in a drought, so now it appears that is done.. it will be Monday before life moves in the hills.. Interstate 90 was still closed this morning and Black hills power had over 10,000 customers with out elec.
I firmly believe the country is better off when the WH and the Congress are in recess as they are... it reminds me of Cancer that went into Remission... don
Shares of Clean Energy (CLNE), which sells natural gas for vehicles, are falling after research firm Piper Jaffray wrote that trucking companies overwhelmingly prefer a type of natural gas that the company doesn't sell. WHAT'S NEW: More than 90% of companies buying natural gas trucks from a major joint venture that manufactures such vehicles are using compressed natural gas to power the vehicles, wrote Piper Jaffray analyst Alexander Potter. Clean Energy, on the other hand, sells liquified natural gas, according to Potter. Clean Energy sells its liquified natural gas for $2.75 or more for gallon, while the trucking companies can obtain compressed natural gas for $1.50 per gallon, explained the analyst, who wrote the note after speaking with several companies involved in the natural gas vehicle sector. Meanwhile, Clean Energy next year will sell only 15 million gallons of its Redeem fuel, which is made from landfill gas, Potter estimated. Since the company will sell about 299 million gallons of fuel in 2014, Redeem will not have a major impact on the company's profit margins, added Potter. The analyst lowered his price target on the stock to $4.50 from $9.50 and added the shares to the firm's top picks list for 2013/2014 as a sell. TODAY'S PRICE ACTION: In
mid-morning trading, Clean Energy fell 78c, or 6% to $12.20.
This call seems a hatchet job on CLNE, looked at the 10k, 72% of CLNE rev last year was CNG and RNG. The address both markets, daily and long haul. LNG for long haul is developing, it will take a while, but his statements sound very misleading. Wish the full report was available.