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Showing posts with label boone Pickens. Show all posts
Showing posts with label boone Pickens. Show all posts

Monday, August 10, 2009

Clean Energy Fuels ( CLNE ) posts wider-than-expected Q2 loss!


Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced its operating results for the second quarter and six months ended June 30, 2009.

Gasoline gallon equivalents (Gallons) delivered during the second quarter of 2009 totaled 23.7 million, up 28% from 18.5 million Gallons in the same period a year ago. On a sequential basis, Gallons sold rose 30%. For the first six months of 2009, volume increased 16% to 42.0 million Gallons, compared with 36.1 million Gallons in the first six months of 2008. Gallons include the Company's sales of CNG, LNG, and biomethane and the Gallons associated with providing operations and maintenance services.

Revenue for the quarter ended June 30, 2009 totaled $27.9 million, compared with $33.8 million in the same period in 2008. For the six months ended June 30, 2009, revenue totaled $58.1 million, compared with $63.8 million a year ago. The reduction in revenue was primarily the result of lower natural gas commodity prices between periods, which reduced the natural gas commodity charges passed through by the Company to many of its customers. The reduced commodity prices, however, also reduce the Company's cost of sales, which helped the Company improve its gross margins during the quarter. Gross margin increased to $11.7 million in the second quarter of 2009, up from $8.6 million in the first quarter of 2009.

Net loss for the second quarter of 2009 was $6.4 million, or $0.13 per share, compared with a net loss of $3.2 million, or $0.07 per share, in the second quarter of 2008. For the first six months of 2009, net loss was $12.9 million, or $0.26 per share, compared to a net loss of $8.6 million, or $0.19 per share, in the first half of 2008. The Company recorded non-cash charges of $2.2 million and $2.4 million, respectively, related to valuing its Series I warrants in the second quarter and first six months of 2009. These charges contributed $0.04 and $0.05 per share, respectively, to the Company's net loss in the periods presented.

Non-GAAP loss per share for the second quarter of 2009 remained unchanged from the second quarter of 2008 at $0.01. Non-GAAP loss per share for the first half of 2009 was $0.07, compared with $0.08 in the first half of 2008. Non-GAAP EPS (or Non-GAAP loss per share) is described below and reconciled to the GAAP measure net income (loss).

Andrew J. Littlefair, Clean Energy's President and Chief Executive Officer, stated, "We are very encouraged by the solid growth of our business in the second quarter, as we improved both our volumes and margins on a sequential and year-over-year basis. The acquisition of four transit property operations and the commencement of our new sales agreement for our renewable landfill gas drove these results. We are continuing to win contracts in several key markets, and we currently have 25 stations under construction or being upgraded as well as a very strong backlog. Additionally, we are seeing tangible progress at the Ports of Los Angeles and Long Beach with their clean truck roll out, and we remain well-positioned to capitalize on this opportunity.

"With the equity raise we completed on July 1, we will have approximately $93 million of cash heading into the last half of the year. This cash, combined with our increasing operating cash flow, should put us in good position financially to capitalize on the opportunities we see coming in our business," concluded Littlefair.

Non-GAAP Financial Measures

To supplement the Company's consolidated financial statements, which statements are prepared and presented in accordance with GAAP, the Company uses a non-GAAP financial measure called non-GAAP Earnings per Share (Non-GAAP EPS or Non-GAAP loss per share).

The Company uses this non-GAAP financial measure for financial and operational decision making and as a means to evaluate period-to-period comparisons. Management believes that this non-GAAP financial measure provides meaningful supplemental information regarding the Company's performance by excluding certain expenses that may not be indicative of our core business operating results and may help in comparing our current-period results with those of prior periods. Management believes that they and investors benefit from referring to these non-GAAP financial measures in assessing Company performance and when planning, forecasting and analyzing future periods. Management believes this non-GAAP financial measure is useful to investors because (1) it allows for greater transparency with respect to key metrics used by management in its financial and operational decision making and (2) it is used by institutional investors and the analyst community to help them analyze the results of Clean Energy's business.

The material limitations of Non-GAAP EPS are as follows: Non-GAAP EPS is not a recognized term under GAAP and does not purport to be an alternative to earnings per share as an indicator of operating performance or any other GAAP measure. Moreover, because not all companies use identical measures and calculations, the presentation of Non-GAAP EPS may not be comparable to other similarly titled measures of other companies. These limitations are compensated for by using Non-GAAP EPS in conjunction with traditional GAAP operating performance and cash flow measures.

Non-GAAP EPS

Non-GAAP EPS is defined as net income (loss), plus employee-related stock based compensation charges, net of related tax benefits, plus or minus any mark-to-market losses or gains on the Company's Series I warrants, the total of which is divided by the Company's weighted average shares outstanding on a diluted basis. While the Company has not done so for the periods presented in this release, for future quarters, the Company may add back certain non-recurring significant expenditures or other significant non-cash charges incurred to calculate Non-GAAP EPS. As it relates to stock-based compensation, because of varying available valuation methodologies, the volatility of the expense depending on market forces outside of management's control, subjective assumptions and the variety of award types that companies can use under FAS 123R, the Company's management believes that providing Non-GAAP EPS excluding these charges provides helpful information for investors when evaluating the Company's operating results (excluding the impact of these non-cash charges) over different periods of time. The Company also believes excluding significant items not expected to recur in the foreseeable future and significant non-cash gains or losses provides investors with helpful information when assessing the Company's underlying financial performance.

There are a number of limitations related to the use of Non-GAAP EPS versus EPS calculated in accordance with GAAP. First, non-GAAP EPS excludes stock-based compensation expenses that are recurring. Stock-based expenses have been and will continue to be for the foreseeable future a significant recurring expense in the Company's business. Second, stock-based awards are an important part of the Company's employees' compensation and impact their performance. Finally, the components of the costs that the Company excludes in its calculation of Non-GAAP EPS may differ from the components that its peer companies exclude when they report their results of operations. These limitations are compensated for by using non-GAAP EPS in conjunction with traditional GAAP EPS and other GAAP profitability measures. Management does not recommend placing undue reliance on this non-GAAP measure.

The table below shows Non-GAAP EPS and also reconciles these figures to the GAAP measure net income (loss):


Three Months Six Months

Ended June 30, Ended June 30,

2008 2009 2008 2009

Net Income $ (3,201,730 ) $ (6,376,766 ) $ (8,630,429 ) $ (12,870,813 )
(Loss)

Employee Stock
Based
Compensation, 2,599,895 3,506,322 5,098,331 7,020,144

Net of Tax
Benefits

Mark-to-Market
Loss on Series -- 2,209,596 -- 2,386,363
I Warrants

Adjusted Net (601,835 ) (660,848 ) (3,532,098 ) (3,464,306 )
Income (Loss)

Diluted
Weighted
Average Common 44,300,309 50,247,366 44,291,401 50,242,814
Shares
Outstanding

Non-GAAP
Earnings (Loss) $ (0.01 ) $ (0.01 ) $ (0.08 ) $ (0.07 )
Per Share

Clean Energy owns and operates two LNG production plants in Texas and California, with a combined capacity of 260,000 LNG gallons per day.
Analysts on average were looking for a loss of 7 cents a share, before items, on revenue of $31.5 million, according to Reuters Estimates.
Shares of Clean Energy were down 2 percent at $10 in trading after the bell. The stock has tripled in value since November 2008, when it had touched a low of $3.23. It traded as high as $19.95 in September last year


I still have a buy rating on CLNE , this is a long term play , CLNE has more contracts coming in thru out the up & coming years to come ! So buy on the dips and you will be rewarded in the long term. this is a small growing company , that has a bright future ahead , oil will rise again & congress will wake up and pass Clean Energy Bill shortly ! ( Natural Gas for cars )

Saturday, April 11, 2009

I asked Jim Cramer About Clean Energy ( CLNE ) live at his 1000 show ( Check it out )

( Quote From Jim Cramer )“I take great pride in having tried to make Mad Money the most interactive show on TV,” Cramer told his live studio audience Wednesday night. “I actually talk to real people.”
In this spirit, Cramer took questions town-hall style as part of his 1,000th episode special. Watch video for his take on the waning influence of Berkshire Hathaway's [BRK.B 3051.00 136.00 (+4.67%) ] Warren Buffett, retirement accounts, President Obama’s affect on Clean Energy Fuels [CLNE 7.22 0.16 (+2.27%) ] and other natural gas stocks, biotechs and more.

The audience tests Cramer’s 30 years of Wall Street experience with questions about Berkshire Hathaway’s legendary leader, 401(k)s versus Roth IRAs, alternative energy and more....














I asked Jim Cramer about Clean Energy ( CLNE )@ the 3 Min. Mark ! The 1000 Mad money show was great !!

Your Thoughts??

Monday, February 16, 2009

Green Stock Picks



T. Boone Pickens and The "Pickens Plan" Could Make You Wealthy By Investing in Green Stocks - Wind Energy, VWS, SUZLON, CWP, BBW, GE, SI, FPL, ZOLT, OC, ABB, CPTC, ITC, NGG, PWR, GRH

T. Boone Pickens owns 40% of a company called Clean Energy Fuels Corp. (NASDAQ:CLNE). This is a company that provides natural gas for vehicle fleets in the U.S. and Canada. CLNE designs, builds, finances, and operates the fueling stations.



T. Boone Pickens owns 12% of Westport Innovations, Inc. (NASDAQ:WPRT) a leading developer of environmental technologies that enable vehicles to operate on clean-burning alternative fuels.



WRPT works with global automotive leaders such as Cummins Inc., Ford, and BMW to incorporate their technologies into leading manufacturers engines and to explore future commercial opportunities for clean vehicles.



Pickens� new company, Mesa Water, has been buying up ground water rights in Roberts County, Texas - 200,000 acres in all. He says that over a 30-year period, he expects to make more than $1 billion on his investment of $75 million.



Many others are coming to the realization that water is too cheap. Hence, water rights are a great buy today.



As an individual investor, you can�t trade water rights very easily. But you can invest in a company that owns almost as much water as Pickens does � in actuality, the acre feet that this Company owns are more valuable than what Pickens purchased.



PICO Holdings, Inc., (NASDAQ:PICO) together with its subsidiaries, engages in the ownership and development of real estate properties. It owns land and the related mineral rights and water rights in Nevada. The company is involved in water resource development business, such as developing new sources of water for water utilities, municipalities, developers, or industrial users. In addition, PICO Holdings engages in the acquisition and financing of businesses. It operates in the United States and Europe. The company was founded in 1981 and is based in La Jolla, California.



T. Boone Pickens thinks he'll earn $1 billion on his $76 million investment - or basically 13 times his money. PICO - already in this business, with substantial expertise and a portfolio of more valuable water rights - could do even better.



How T. Boone Pickens and The "Pickens Plan" Could Make You Wealthy By Investing in Green Stocks - Wind Energy, VWS, SUZLON, CWP, BBW, GE, SI, FPL, ZOLT, OC, ABB, CPTC, ITC, NGG, PWR, GRH



Vestas Wind Systems (CPH: VWS)

Vestas Wind Systems A/S engages in the manufacture, sale, and service of wind power systems that use wind energy to generate electricity. Its products primarily include a range of wind turbines and wind power systems. The company also offers VestasOnline Business, a SCADA system for modern wind power plants. This system includes a range of monitoring and control functions allowing the wind power plants to be controlled in the same way as a conventional power plant. In addition, it offers a range of project planning, installation, and operational services. Vestas Wind Systems A/S operates primarily in Europe, the Americas, and Asia/Pacific. The company was founded in 1945 and is headquartered...



Suzlon Energy Limited (NSE: SUZLON)

Suzlon Energy Limited engages in the manufacture and sale of wind turbine generators of various capacities and its components. It develops wind turbine generators of capacities ranging from 350 kilowatt to 2.1 megawatt. The company also offers gearboxes, towers, rotor blades, and wind turbines. In addition, Suzlon Energy Limited provides wind energy solutions, including wind resource mapping, site development and installation, and operations and maintenance services. It markets its products in India, Europe, the United States, China, and internationally. The company was founded in 1995 and is based in Pune, India.



Clipper Windpower Plc (LSE: CWP) (OTC: CRPWF)

Clipper Windpower Plc, together with its subsidiaries, operates as a wind energy technology, turbine manufacturing, and wind project development company. It engages in the design, engineering, and manufacture of wind turbines. The company primarily manufactures 2.5 megawatt Liberty wind turbines. It also develops wind energy projects, including engineering, construction, project financing, and plant operation in the Americas and Europe. The company was founded in 2001 and is headquartered in London, the United Kingdom with offices in California, Colorado, Iowa, and Maryland in the United States; Mexico; and Denmark.



GreenHunter Energy, Inc. (AMEX: GRH)

GreenHunter Energy, Inc., together with its subsidiaries, focuses on the renewable energy sectors of wind, solar, biofuels, and biomass power plants. The company?s assets consist of biodiesel, methanol, and glycerin refineries, as well as a terminal storage facility in Houston, Texas; biomass power plant located in Telogia, Florida; and a biomass facility in El Centro, California. It also develops wind farm projects in Montana, California, and New Mexico. GreenHunter Energy is headquartered in Grapevine, Texas.



Babcock & Brown Wind Partners (ASX: BBW) (OTC: BCKBF)

Babcock and Brown Wind Partners (ASX: BBW) is a specialist investment fund focused on the wind generation sector. BBW listed on the Australian Stock Exchange on 28 October 2005 and has a market capitalisation of approximately A$850 million.It is a stapled entity comprising Babcock and Brown Wind Partners Limited (ABN 39 105 051 616) Babcock and Brown Wind Partners Trust (ARSN 116 244 118) and Babcock and Brown Wind Partners (Bermuda) Limited (ARBN 116 360 715). BBW's portfolio (including the Eifel wind farm) comprises an interest in 16 wind farms on three continents that have a total installed capacity of over 700 MW and are diversified by geography, currency, equipment supplier, customer and regulatory regime.



GE Energy (NYSE: GE)

General Electric Company (GE) operates as a technology, media, and financial services company worldwide. It operates through four segments: GE Capital, Energy Infrastructure, Technology Infrastructure, and NBC Universal. The GE Capital segment offers an array of products and services that include commercial loans, operating leases, fleet management, financial programs, home loans, insurance, credit cards, personal loans, and other financial services. The Energy Infrastructure segment involves in the development, implementation, and improvement of products and technologies that harness various resources, such as wind, oil, gas, and water. The Technology Infrastructure segment focuses on build...



Siemens AG (NYSE: SI)

Siemens AG operates as an electronics and electrical engineering company worldwide. Its IT Solutions and Services business designs, builds, and operates discrete and large-scale information and communications-systems. The company?s Automation and Drives business offers automation systems, motion control and drive systems, low voltage controllers and installation systems, process automation systems and instrument products, and electronic assembly systems. Its Industrial Solutions and Services business develops solutions for industrial and infrastructure facilities. Siemens? Building Technologies business provides products, systems, and services for monitoring and regulating the temperature an...



FPL Group, Inc. (NYSE: FPL)

FPL Group, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy. It produces electricity through natural gas, wind, nuclear, oil, hydro, and other resources. As of December 31, 2007, the company served approximately 4.5 million residential, commercial, and industrial customers in the east and lower west coasts of Florida with a generating capacity of 37,700 megawatts. FPL Group also leases wholesale fiber-optic network capacity and dark fiber to telephone, Internet, and other telecommunications companies. The company was founded in 1984 and is based in Juno Beach, Florida.



Zoltek Companies, Inc. (NASDAQ: ZOLT)

Zoltek Companies, Inc., through its subsidiaries, develops, manufactures, and markets carbon fibers and technical fibers in the United States. Its carbon fibers are used in a range of commercial products, as well as in reinforcement material in composites, carbon fiber composite products, and filament winding equipment used in the composite industry. The company?s technical fiber is a stabilized and oxidized acrylic fiber used in flame and heat-resistant applications; and oxidized acrylic fibers are used to manufacture aircraft brake pads for heat/fire barrier applications.



ABB, Ltd. (NYSE: ABB)

ABB, Ltd. provides power and automation technologies to utility and industry customers worldwide. Its Power Products division offers products and services for power transmission and distribution, which include high- and medium-voltage switchgear and apparatus, circuit breakers, power and distribution transformers, and sensors and other products. The company?s Power Systems division provides various systems and services for power generation, transmission, and distribution comprising substations, high-voltage power converters, and advanced cables for underground and sub-sea power transmission; and systems to automate and control power plants, electrical, and other utility networks.



Composite Technology Corporation (OTCBB: CPTC)

Composite Technology Corporation engages in the development, manufacture, and marketing of renewable and energy efficient electrical energy products. The company operates through two segments, CTC Cable and DeWind. The CTC Cable segment sells aluminum conductor composite core (ACCC) conductors, a composite core overhead electrical transmission conductor, as well as manufactures and sells the composite core component of the ACCC conductor and various accessories. ACCC conductors enable grid operators to reduce blackouts and brownouts, providing a 'reserve electrical capacity' by operating at higher temperatures without significant thermal sag of the lines. This segment markets its cable to public, private, and governmentally owned utilities and transmission line operators. The DeWind segment designs, produces, and sells wind generation turbines in the 1.25 and 2.0 megawatt range under the brand name DeWind. It markets its wind turbines directly to wind farm operators. The company also provides consulting services related to the engineering, design, and installation of product sale solutions. It markets its products in the United States and Canadian markets, through a distribution and purchase agreements with General Cable Industries, Inc.; and directly through its subsidiary, CTC Cable Corporation. The company also offers its products in Europe and China. Composite Technology has a strategic alliance agreement with TECO-Westinghouse Motor Company. The company was founded in 1980 and is headquartered in Irvine, California.



ITC Holdings Corp. (NYSE: ITC)

ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. It operates primarily as a conduit, moving power from generators to local distribution systems either entirely through its own system or in conjunction with neighboring transmission systems. The company?s operations include asset planning; engineering, design, and construction; maintenance; and real time operations of transmission systems. It offers its services to investor-owned utilities, municipalities, co-operatives, power marketers, and alternative energy suppliers. The company was founded in 2001 and is headquartered in Novi, Michigan.



National Grid plc (NYSE: NGG)

National Grid plc engages in the ownership and operation of regulated electricity and gas infrastructure networks. The company operates in four segments: Transmission, Gas Distribution, Electricity Distribution and Generation, and Non-Regulated Businesses and Other. The Transmission segment owns and operates high-voltage electricity transmission network in England, Wales, Scotland, New York, and New England; a gas national transmission system in Great Britain; electricity interconnectors with Scotland and France; and storage facilities for liquefied natural gas (LNG). The Gas Distribution segment owns and operates gas distribution networks in England, and in upstate New York, New York City, Long Island, Massachusetts, New Hampshire, and Rhode Island. The Electricity Distribution and Generation segment owns electricity distribution networks in upstate New York, Massachusetts, New Hampshire, and Rhode Island, as well as operates and manages electricity transmission and distribution network in Long Island on behalf of the Long Island Power Authority, and as a generator of electricity on Long Island. The Non-Regulated Businesses and Other segment involves in the provision of gas metering services; property management; and operation of LNG import terminal on the Isle of Grain. The company also holds interests in electricity interconnectors, metering services, LNG facilities, and properties in the United Kingdom; and LNG storage and transportation, unregulated gas transmission pipelines, and gas fields and home energy services in the United States. As of March 31, 2008, it served approximately 19 million consumers in the United Kingdom and the United States. The company was founded in 1990 and is based in London, the United Kingdom.



Quanta Services, Inc. (NYSE: PWR)

Quanta Services, Inc., a contracting services company, offers various network solutions to the electric power, gas, telecommunications, cable television, and specialty services industries, as well as to the commercial, industrial, and governmental entities primarily in the United States and Canada. Its electric power and gas network services comprise installing, repairing, and maintaining electric power transmission lines and power distribution networks; installing and maintaining gas transmission and distribution systems; providing cathodic protection design and installation services; installing fiber optic lines for voice, video, and data; installing and maintaining joint trench systems, including electric power, natural gas, and telecommunications networks; and designing and installing wind turbine networks. The company?s telecommunications and cable television network services consist of installing and maintaining fiber optic, copper, and coaxial cable networks; designing, constructing, and maintaining DSL networks; engineering and erecting cellular, digital, PCS, microwave, and other wireless communications towers; designing and installing switching systems for ILEC, CLEC, long distance providers, and cable television providers; splicing and testing fiber optic and copper networks; and residential installation and customer connects for cable television, telephone, and Internet services. In addition, it designs, installs, maintains, and repairs electrical components, fiber optic cabling, and building control and automation systems; installs intelligent traffic networks; installs cable and control systems for light rail lines, airports, and highways; and provides specialty rock trenching, rock saw, rock wheel, directional boring, and road milling for industrial and commercial customers. Further, the company engages in leasing point-to-point telecommunications infrastructure. Quanta Services, Inc. was founded in 1997 and is headquartered in Houston, Texas
Ecogreen.com

Thursday, November 27, 2008

Top Thanksgiving Stock Picks For 2008



1. Clean Energy ( CLNE ) Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company offers a solution to enable customers to run their fleets on natural gas. It designs, builds, finances and operates fueling stations, and supplies customers with compressed natural gas (CNG) and liquefied natural gas (LNG). The Company also helps them acquire and finance natural gas vehicles, and obtain local, state and federal clean air rebates and incentives. The Company serves fleet vehicle operators in a variety of markets, including public transit, refuse hauling, airports, taxis, seaports, and regional trucking. It generates revenues primarily by selling CNG and LNG, and to an extent by building, operating and maintaining CNG and LNG fueling stations. In August 2008, Clean Energy Fuels Corp. announced that it acquired Dallas Clean Energy LLC (DCE) from Camco International Ltd.

2. AT&T ( T ) AT&T Inc. (AT&T) is a provider of telecommunications services in the United States. It offers its services and products to consumers in the United States, and services and products to businesses and other providers of telecommunications services worldwide. The services and products that it offers vary by market, and include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, wholesale services and directory advertising and publishing. Its traditional wireline local exchange subsidiaries operate in 22 states: Alabama, Arkansas, California, Connecticut, Illinois, Indiana, Florida, Georgia, Kentucky, Louisiana, Kansas, Michigan, Mississippi, Missouri, Nevada, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Wisconsin (22-state area). In March 2008, Black Box Corporation acquired AT&T's NEC TDM voice CPE business line in AT&T's southeast region.

Sunday, August 3, 2008

One of my Top Stock Picks for the long term !!



Clean Energy Opens World’s Largest CNG Fueling Station in Lima, Peru to Serve Thousands of Natural Gas Vehicles Daily
Seal Beach, Calif. (April 21, 2008) — Clean Energy Fuels Corp. (Nasdaq: CLNE) today opened the world’s largest compressed natural gas (CNG) fueling station in Lima, Peru.


Clean Energy's Andrew Littlefair and Peru's President Alan Garcia Perez at dedication.
Peru’s President, Alan Garcia Perez, and Minister of Energy and Mines, Juan Valdivia Romero, joined US Ambassador to Peru, P. Michael McKinley, and Andrew J. Littlefair, Clean Energy President and CEO, to inaugurate service at the station.Owned and operated by Clean Energy del Peru, a joint venture (“JV”) between Clean Energy and Energy Gas del Peru, the station is strategically located midway between downtown Lima, Peru's capital city, and the Lima International Airport. With thousands of taxis being converted to CNG each month and thousands of buses targeted for replacement with natural gas buses, this is the first of several fueling stations the JV anticipates constructing to support the expanding CNG vehicle and bus population in Peru.The use of natural gas in the transportation sector supports the Peruvian Government’s fuel diversity objectives for public transportation, and will help make optimal use of Peru’s large domestic natural gas supply. Peru has the fifth largest proven natural gas reserves in South America.The new Lima, Peru station marks Clean Energy’s first operations outside North America.

President Perez speaks at grand opening. Seated, from left: Jorge Rivera, General Manager, Energy Gas del Peru; Minister of Energy and Mines, Juan Valdivia Romero; Andrew Littlefair; (interpreter); US Ambassador to Peru, P. Michael McKinley.

“We believe there are energy alternatives that do not jeopardize the world’s food provisions ... that do not sacrifice agriculture,” President Garcia said. “Our country has enough (natural) gas as an alternative, and the responsibility is to use that resource in order to avoid agriculture competing with energy resources ... If we are to gasify transportation from Ica to Huacho, and from Lima to the heights of Ticlio, we will be able to support 40 percent of the national traffic and that will mean a substantive advance in the widespread use of gas in Peru.”Speaking at the station opening, Mr. Littlefair said, “President Garcia, thank you for your vision and leadership to make this possible. Peru is certainly doing the right thing to harness its own, clean natural resource to clean the air, reduce global warming and help grow the economy.”
“This station is unique because it can fill 32 natural gas vehicles simultaneously, including filling five transit buses at the same time, or thousands of vehicles per day. It has the capacity to deliver over 40,000 gallons of natural gas daily,” Mr. Littlefair continued. “Today is just the beginning. We want to work with the Municipal and Federal Governments to add more stations for buses and trucks. This station is a model for Clean Energy del Peru stations to come. We hope to expand rapidly.”

Clean Energy (Nasdaq: CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, shuttle, taxi, trucking, airport and municipal fleet markets with more than 14,000 natural gas vehicles fueling daily at strategic locations across the United States and Canada. Clean Energy also provides natural gas for transportation at the world’s largest CNG fueling station in Lima, Peru.

Friday, July 18, 2008

How to we get the Boone Pickens Plan to Work ?? !



How do we get it done?
The Pickens Plan is a bridge to the future — a blueprint to reduce foreign oil dependence by harnessing domestic energy alternatives, and buy us time to develop even greater new technologies.

Building new wind generation facilities and better utilizing our natural gas resources can replace more than one-third of our foreign oil imports in 10 years. But it will take leadership.

On January 20th, 2009, a new President will take office.

We're organizing behind the Pickens Plan now to ensure our voices will be heard by the next administration.

Together we can raise a call for change and set a new course for America's energy future in the first hundred days of the new presidency — breaking the hammerlock of foreign oil and building a new domestic energy future for America with a focus on sustainability.

You can start changing America's future today by supporting the Pickens Plan. Join now.