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cancerdotcom 154 posts  |  Last Activity: 11 minutes ago Member since: Dec 28, 1999
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  • Nassau County Transit Company Orders Slew of CNG Buses

    New Flyer Industries Inc. has won a deal to supply up to 110 compressed natural gas (CNG) buses to Nassau Inter-County Express (NICE), a transit company operated by Transdev Services in Nassau County, N.Y.

    The contract contains a firm order for 52 heavy-duty, 40-foot Xcelsior CNG buses, with an option for 58 additional buses. New Flyer says the contract is valued at approximately $53 million.

    “Sustainability is a top priority for NICE, and their purchase of New Flyer CNG buses reflects their commitment to minimize environmental impact,” says Paul Soubry, New Flyer’s president and CEO. “We are very pleased to partner with NICE in their sustainability efforts. This is a transit company that walks the talk by taking great strides to continue to offer environmentally conscious transit .

  • cancerdotcom cancerdotcom Feb 28, 2015 8:10 AM Flag

    Is a "slew" slow organic growth ?

  • Transit buses that will run along Port Authority of Allegheny County's proposed bus rapid-transit line from Downtown to Oakland will be fueled by natural gas, the agency's board chairman said Friday.
    Chairman Bob Hurley announced at a Port Authority meeting that he established a committee that will study locations for a new Port Authority garage that could serve compressed natural gas buses, a project that could cost $70 million to $80 million. The committee will consist of fellow board members Rob Kania and Tom Donatelli as well as industry professionals

    Chairman Bob Hurley announced at a Port Authority meeting that he established a committee that will study locations for a new Port Authority garage that could serve compressed natural gas buses, a project that could cost $70 million to $80 million. The committee will consist of fellow board members Rob Kania and Tom Donatelli as well as industry professionals .
    “The goal of the committee is to assist the staff in the design and location for a new garage with the idea of primarily serving CNG buses,” Hurley said. “When we build the BRT line, the vehicles on that line will be CNG buses.”
    Hurley and Port Authority CEO Ellen McLean said natural gas buses or garages are at least three to four years away.
    “We think in the long term there will be a cost-savings and environmental value,” Hurley said. “We're sitting in a market where natural gas is being produced and we ought to be supporting that economic driver.”
    Current Port Authority buses run on diesel along with 32 electric-hybrids.
    Port Authority is not the first agency to explore natural gas-fueled buses. The 2,300 buses in the Los Angeles County Metropolitan Transportation Authority have been fueled by natural gas since 1994.
    “The cost to operate and convert the fleet was quite expensive. The average CNG bus costs 15 percent more and maintenance costs are higher,” said Richard Hunt, general manager of the transit capital program in Los Angeles. “Los Angeles had b

  • Alternative Transport Fuels Push For State Funding in California, Colorado
    NGV Industry Pushes Back on Proposed California Low-Carbon Standards
    California Lawmakers to Make Clean Energy Push
    CA_Fuel_Carbon_Intensity--20150302-v2
    In approving the latest update in the state's integrated energy policy report (IEPR), the California Energy Commission has called for pushing the pedal to the metal on transforming the state transportation system to zero- and near-zero-emission technologies.

    atural gas and biofuels, including renewable natural gas (RNG), received a lot attention in the IEPR through the CEC's ongoing research grants. "Biofuels will also play a critical role in reducing carbon emissions from the transportation sector," the latest IEPR document said.

    Under the CEC's Alternative and Renewable Fuel and Vehicle Technology Program (ARFVTP), 60 natural gas vehicle (NGV) fueling stations have been funded, increasing the state's overall stations 14% to 443 stations. Similarly, CEC grants have helped support the purchase of 2,725 NGV trucks, boosting the state's natural gas truck census 19% to nearly 14,000.

    At the end of last year, the CEC research and development grant programs had committed $532 million to more than 460 projects. "Funding this large portfolio of projects was the result of the CEC issuing nearly two-dozen solicitations and reviewing more than 600 technical proposals from entities seeking funding," the CEC report said.

    Initiatives include the development and commercialization of heavy-duty NGV engines and converting waste streams to RNG.

    Last Wednesday, the CEC approved $3 million in funding to the City of Napa, CA, for a program to modify its materials diversion facility so it can convert 25,000 tons of organic waste annually into 328,000 diesel-gallons-equivalent of RNG and to install a RNG fueling station.

    And among $900,000 of new grants to natural gas projects, the CEC authorized two grants totaling $295,000 to San Diego-based Quantitative

  • cancerdotcom cancerdotcom Mar 2, 2015 7:20 PM Flag

    "pushing the pedal to the metal"

    that is just .... "slow organic growth" ....right ??

  • By Christopher Johnson

    LONDON (Reuters) - Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets.

    Fighting has escalated in northeast Iraq where Islamic State militants have set fire to oilfields to deter Shi'ite militiamen and Iraqi soldiers from advancing. In Libya, worsening security conditions have led to the closure of 11 oilfields.

  • cancerdotcom cancerdotcom Mar 6, 2015 10:52 AM Flag

    nyc314
    BTW, I'm pretty well convinced that Cancer and Wayne are not the same people. YMMV.

    makes me smile....not sure which is more pointless....posting under different aliases or trying to guess who does :)

  • cancerdotcom cancerdotcom Mar 6, 2015 11:37 AM Flag

    looking forward to hearing about your writing at our dinner ........

  • cancerdotcom cancerdotcom Mar 6, 2015 2:45 PM Flag

    taffytaffty •
    Is that the dinner you are buying when this hits $100/share?

    yes that dinner :)

  • cancerdotcom cancerdotcom Mar 7, 2015 1:04 PM Flag

    hey me too went right over my head
    so the point ...is to be really insulting.....ouch!!! lol

  • David Demers: From prairie farmhand to clean-tech pioneer
    March 6, 2015, 2:05 p.m.
    Technology
    By Tyler Orton
    Westport Innovations CEO David Demers

    When David Demers kicked off his tech career at IBM (NYSE:IBM) in the 1970s, he intended to stick around for only a year or two before finding a more “entertaining” job.

    “I’m sure that they [IBM] had a good chuckle because probably most kids my age had that theory,” recalled the CEO of Westport Innovations (TSX:WPT; Nasdaq:WPRT).

    “But they just kept dangling interesting things to do.”

    Demers worked on everything from the first laser printers to the first email system in Western Canada. He never remained on a project for more than nine months before the company dangled another carrot in front of him.

    That tendency to stick around at a tech company that keeps filling his plate with fascinating innovations has yet to wane.

    Demers spent 12 years at IBM before deciding the time was right to move on and establish an early-stage venture capital consulting group that went looking for startups in Vancouver.

    He co-founded Westport in 1995 after partnering up with University of British Columbia researchers working on compressed natural gas engines, and he’s served as its CEO for 20 years.

    The original plan was for Demers to help get the clean-tech company established before recruiting a new CEO to run the business. But even though the company has not posted a profit since its founding, that new CEO has yet to be recruited.

    “We’re not going to leave our employees and our investors in the lurch, right. I’m not about to walk away when we’re facing challenges,” he said. “That said, it’s long overdue that someone else take over, and I’m sure my board someday is going to say, ‘We have that successor and let’s move on.’”

    But the fact is – much like his time at IBM – he likes his job and doesn’t want to leave.

    Growing up in Saskatchewan, where “it was very clear farming was a really dumb thing to want to do,” Demers was eage

  • cancerdotcom cancerdotcom Mar 7, 2015 9:51 PM Flag

    While earning a joint degree in physics and law from the University of Saskatchewan, Demers would trek to Calgary during the summers to work at an IBM computer lab that assisted companies operating in the oilpatch. It was an experience that shaped the rest of his career.

    “I was helping them program and was paid as a shift operator, feeding card decks into the mainframe and running the tape drives,” he recalled.

    “But I also got to see how fast that technology was developing and how fast small changes would just open up the window for a whole new analysis.”

    Despite Demers’ interest in both law and social theory, the need to pay off student loans ended up bringing him back to IBM after graduation.

    “The thing that people were shocked at was that I didn’t want to go be a lawyer. I thought that law was a great education – and I still think it’s a fabulous education for anybody that wants to get into business,” he said. “But I had no real interest in going the articling route.”

    Ultimately, he led a business without being called to the bar. Over the years he cultivated a hands-off, casual leadership style he said is based on letting the scientists and engineers do what they do best.

    “Some sort of dictatorial directive style is not going to work. Technology is generally very smart, self-motivated, creative people, and they just need an environment where they can be successful,” Demers said. “That’s why I’m so allergic to giving interviews like this. I don’t think I’ve done one in 20 years because I don’t think it’s my job to get out there and say, ‘I’m the leader.’”

    For someone who resisted talking about his background for two decades, Demers is remarkably easygoing when asked about his life and his career. But one thread he keeps returning to is how important it is for him to make his team feel empowered.

    “When you look at the history of Westport, we’ve had several ups and downs. Now ironically, the downs are probably the most interesting times because that’s when we’re free to kind of do things outside the [box],” he said.

    “That challenge of saying, ‘OK. Here’s a new idea. Now what do we do with this?’ was really empowering.”

  • cancerdotcom cancerdotcom Mar 7, 2015 9:59 PM Flag

    This statement really scares me....

    Over the years he cultivated a hands-off, casual leadership style he said is based on letting the scientists and engineers do what they do best.

  • Mission Launched to Spot Gas Hydrates off East Coast
    By PS Dileep Published: 07th March 2015 06:00 AM Last Updated: 07th March 2015 06:00 AM

    Email4
    VISAKHAPATNAM: In a quest that could answer all the concerns over India’s energy security for the next century, the Geological Survey of India (GSI) in collaboration with National Institute of Oceanography (NIO) has launched an exploration to locate traces of gas hydrate reserves off the East Coast, particularly in the Krishna-Godavari offshore basin.

    Gas hydrates are solidified mixtures of compressed natural gas (CNG) and water that could meet the energy requirements of the entire nation.

    About 20 scientists from the GSI branches in Mangalore, Kochi and Visakhapatnam along with the scientists from the Goa headquarters of the NIO, are participating in the study. In the seismic survey, it is proposed to cover an area of 19,000 sq km in the Cauvery-Mannar offshore basin, and another 6,100 sq km in the Krishna-Godavari offshore basin.

    The gas hydrates can expand by about 140 times under normal temperature and pressure to produce CNG for domestic and industrial usage. “Traces of gas hydrates were discovered in the Indian waters and the current project would determine their exact location. With the help of the NIO scientists, we are trying to locate these reserves,” sources at the GSI told ‘Express’.

    According to the scientists at National Geophysical Research Institute (NGRI), methane within the gas hydrates is estimated to be more than 1,500 times of the present natural gas reserves available in the country. Though it is too early, the scientists are of the view that the utilization of even 10 per cent from this natural reserve is sufficient to meet the country’s energy requirement for about a century.

    A batch of Indian scientists from various organisations ranging from the NGRI to the NIO and the GSI to Directorate General of Hydrocarbons (DGH) have been on the mission to find out the reserves of gas hydrates for the past few years. The DGH has set itself a deadline of mid-2015 to commence commercial production of methane from gas hydrates, as part of the Gas Hydrate Programme.

  • anyone want to help me parse that ??

  • The little engine maker that can't

    By: Gary Strauss March 10, 2015 1:38 pm

    images (3)Westport Innovations WPRT was supposed to take advantage of soaring crude oil prices with its truck engine systems that run on natural gas and biofuels. But with crude oil prices collapsing, and along with it, gasoline and diesel prices, Vancouver-based Westport has been struggling.

    Shares sank 16% to $4.78 Tuesday after the company said fourth quarter revenue fell 48% to $27.4 million from $52.6 million in the year ago quarter, while full fiscal year revenue dropped 20% to $130.6 million. Quarterly losses came it at $65 million, or $1.02 per share, vs. $89.5 million ($1.42).

    “The sudden and dramatic decline in global oil prices in the second half of 2014 caught most by surprise,” the company says in a Securities & Exchange Commission filing.

    Westport, which has targeted commercial fleets in North America, trucks and buses in China and taxis and delivery vehicles in Europe and South America, expects lower gasoline prices to crimp 2015 results, which will see “modest” revenue growth.

    As an investment, Westport has been running on empty for some time. As crude oil prices soared, shares peaked at about $50 in March 2012. It’s been mostly down hill ever since, with shares sliding nearly 75% since last July, just weeks after crude oil prices hit their 2014 peak.

  • Reply to

    The little engine maker that can't

    by cancerdotcom Mar 12, 2015 9:30 PM
    cancerdotcom cancerdotcom Mar 12, 2015 9:31 PM Flag

    had to post it cause the headline was pretty clever

  • I think that v60 is a near perfect suv
    I soooo want one
    I hope they bring that bi-fuel model to the states

    I thinks it would sell very well

  • Reply to

    Westport -Volvo bi-fuel v60 and v70

    by cancerdotcom Mar 14, 2015 9:54 AM
    cancerdotcom cancerdotcom Mar 14, 2015 10:05 AM Flag

    Last time I checked North America was up to its eyeballs in natural gas...they can't give it away

    Why is it not being offered here

    What am I missing ?

  • Reply to

    Westport -Volvo bi-fuel v60 and v70

    by cancerdotcom Mar 14, 2015 9:54 AM
    cancerdotcom cancerdotcom Mar 14, 2015 2:26 PM Flag

    can westport sell this technology to anyone ?

    i want a bi-fuel volvo v60

    can i import one ?

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