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Posted on 5/30/14 at 11:47 am to Mr.Perfect
There was some buzz on Seeking Alpha (credibility??) that CLNE was too heavily committed to LNG vs CNG and that CNG was the up and coming fuel. I'm not so sure that CNG has a better future than LNG. Dunno.
I do know that CLNE is the fastest out of the gate with their LNG stations and are securing decent partnerships. They are also capable of converting to CNG if that is the way the future goes. But that will drain capital as it is not in line with their current bet. It's one of those risky ventures that will go sharply higher or fizzle out in the end. Boone Pickens has been fun to watch through this process. Classic Texan.
I do know that CLNE is the fastest out of the gate with their LNG stations and are securing decent partnerships. They are also capable of converting to CNG if that is the way the future goes. But that will drain capital as it is not in line with their current bet. It's one of those risky ventures that will go sharply higher or fizzle out in the end. Boone Pickens has been fun to watch through this process. Classic Texan.
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