One of the reasons why is natural gas – if extracted safely, it’s the bridge fuel that can power our economy with less of the carbon pollution that causes climate change. Businesses plan to invest almost $100 billion in new factories that use natural gas. I’ll cut red tape to help states get those factories built, and this Congress can help by putting people to work building fueling stations that shift more cars and trucks from foreign oil to American natural gas. My administration will keep working with the industry to sustain production and job growth while strengthening protection of our air, our water, and our communities. And while we’re at it, I’ll use my authority to protect more of our pristine federal lands for future generations.
I detest the man....but I picked up some CLNE and WPRT for near term gains since they are playing around lows. Is what he says BS ?...yes...but natgas "bridge fuel" will become a talking point by all the parrots and puppets and I think hype will drive those to up some...nothing significant...but I'll make some money on his lip flapping.
He's the worst performing President since & including J. Carter.......I was looking at and have been following WPRT & CLNE for almost three years now w / particular interest in WPRT.....O throttled the hell out of both as a result of his total "Submission" to a radical EPA controllers ..........taking America down the road to becoming a Socialist country... a real travesty
I have watched and listened to Obama for 5 years. He gives many good speeches and often says what I would like to see. He rarely takes any action. He is fully behind wind, solar, and bio-fuels; against ALL fossil fuels (including NG). He restricts drilling in the Gulf, gives few permits (on Public land; maybe NONE); fights fracking on every opportunity. While we are moving toward increased fossil fuel production and toward energy independence (in USA), our progress is due to fracking and Private development on Private land. Our country has no Energy Plan and has a White House that encourages our EPA to change regulations to obstruct fossil fuel use. If you don't see evidence that all this is true, then you watch too much NBC.
Still he can say (truly) that the US is having record breaking production of oil/NG and we are headed for Energy Independence. He just has done nothing to help. Sad but true.
Sentiment: Strong Buy
ekrub I can use the search button on my browser can you? If you can you might want to do a search on and see if your facts are facts or some fiction you have bought into.
Off shore drilling production is down on that you are correct but you are wrong about production on land based Gov. drilling leases. The trend on ALL Gov land on production started down in the first years of GW Bush and has continued. The actual numbers on BOD of oil on Federal Land last year was improved from the % of decrease in the past. Axas is a perfect example of a E&P company that wants to drill where the HOT leases are found. I suspect you bought into AXAS based on their leases in the Bakkens and Eagle Ford I know I did. E&P companies go where the proven results are expected to repeat not who owns the lease.
I agree that Obama wants to see wind and solar as the future. Bio Fuels are still mixed with Oil products and offer not as big a carbon reduction as does NG. I would of liked to see the US be a world leader again in a new industry like wind power or solar and it may still happen but I do think Obama should of embraced NG from day one while the science of wind and solar and other forms of energy were being improved.
While fracking has indeed improved production it is more the lateral drilling that has opened up better production and other forms of new techno in 3D image that has played a larger part.
The shale oil plays are again new tech ways to extract oil at the high prices today that allow for such oil production to work and make money. I own shares in several Canadian Corps. and they are not drilling for the most part even in the USA and in fact Canada has much more rules and regs when it comes to drilling than does the USA.
The BP that blew out in the GOM if it had been drilled in Canadian waters would of had another bore well beside the troubled one as Canada requires two well bores when going deep off shore. Common sense to me plus jobs.
I wonder how anyone who invest in NG E&P companies can view these words as anything but positive???
You Obama haters on this board show me where in a speech Obama has ever mentioned looking to create NG filling stations. This alone would start to switch NG use in cars. T. Boone Pickens tried to get Obama to see NG as a Bridge fuel even while T Boone was in the wind business. I understand that ALL Presidents BS in state of Union Speech and that means ALL. But you can also see avenues of thinking reading between the lines. If he had said nothing about NG in his speech then you would of attacked that.
I Hope that Obama puts the ball in the GOP court with his talk about NG businesses and new investments like filling stations. If two years from now 80% of ALL filling stations had NG or at least as many as had diesel now would you consider a NG car or SUV or Truck. All are found today mostly by Business or Gov. with their own fueling stations but in a few short years NG could be available for car use in 80% of America or more.
I know if Obama started tomorrow working with States and pushing Congress for low interest loans and tax credits to convert NG and build fueling stations you Obama haters would find something wrong with that.
He may or may not do what he talked about but how you can find fault in what he said is beyond me.
Find fault when he fails to do it and add that to list of things to hate about the man term in office but if he does it say he was 4 years to late or whatever else you want to say but admit that IF he does what he is talking about her your share price of AXAS will go up.
I for one am glad to hear aware of the problem and need for fueling stations of NG. That MUST be solved before NG can become the fuel for cars for the general public give tax credits to convert cars and credit to auto makers for making the cars and the public will act. Are you against the idea or who said it?
THE OBAMA CHRONICLES:
“I promise 100% transparency in my administration.”.
“I promise NO NEW TAXES on a family making less than $250K a year.”.
“I will allow 5 days of public comment before I sign any bills.”.
“I will remove earmarks from PORK projects before I sign any bill.”.
“I will end Income Tax for seniors making less than $50K a year.”
"I will bring ALL of our troops home within ONE year."
“I’ll put the Health Care negotiations on CSPAN so everyone can see who is at the table!”.
“I’ll have no lobbyists in my administration."
"I'll close Guantanamo."
"I'll resign if I don't cut the deficit in half by the end of four years."
"I'll unite the people of this great country."
"I will put an end to the type of politics that “breeds division, conflict and cynicism".
"I have Shovel-Ready Jobs."
"Whistle blowers will be protected in my administration."
"I Barrack Hussain Obama pledge to preserve, protect and defend the Constitution of the United States of America."
"I am a Christian"
"If you like your health Insurance you can keep it, PERIOD!"