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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (146287)	3/5/2011 4:56:20 PM
From: Sweet Ol	5 Recommendations Read Replies (2) \| Respond to of 206191

John, CNG refueling stations are not as simple as a liquid fuel pump. The operative word is "compressed". In order to refill in an acceptable amount of time you need to have compressed the NG way above the pressure in the vehicle tank. This takes time and energy and on-site pressure storage. So the cost is significant and it takes a fair amount of real estate for each vehicle, far more than for liquid fuel. QuikTrip here has said then will put CNG in their stations when the demand is here. But, who is going to make big investments when you don't know if the government is going to encourage it or even allow it? What screwy regs will the EPA come up with in the future? Will they outlaw fraccing and suddenly you have an NG supply problem? Nothing is ever simple! Blessings, JRH P.S. The reason CNG is not "green" is that it is produced by the nasty oil companies that the liberals love to hate!

To: upanddown who wrote (146287)	3/5/2011 8:07:35 PM
From: richardred	Read Replies (1) \| Respond to of 206191

>Private industry should be taking the lead here. Why doesn't XOM install CNG pumps at a couple hundred of stations as a way to promote NG vehicle use? The cost would be peanuts to an XOM. As I pointed out. A public company. UPS has started. As I responded to Bearcat on EOM. It isn't that XOM doesn't want demand for NG. (It's timing)Exxon/Mobil most likely doesn't want to spend the money on a CNG venture just yet. Until they see enough demand with a profitable return on investment. So timing is an important factor along with how capital intensive the long term venture might be. Someone can correct me if I'm wrong. It my understanding that EOM has exited in a big way from the refining and marketing of gasoline. They were not getting a good return for their investment. Just look at the balance sheets of pure play public refining and marketing companies.

To: upanddown who wrote (146287)	8/20/2011 6:51:26 PM
From: richardred	Read Replies (4) \| Respond to of 206191

Oh well, It's a start. >Further validating the business' future, natural gas producers plan to make investments that compliment Westport's business. Chesapeake Energy (NYSE: CHK ) announced an investment of $1 billion in natural gas infrastructure and fueling stations over the next decade. Encana (NYSE: ECA ) opened two fueling stations in its just-concluded quarter and has plans for more. More fueling stations indicate that more vehicles are adopting natural gas as an alternative fuel. UPS (NYSE: UPS ) , too, has started using LNG trucks powered by Westport's systems. These developments definitely signal a gradual shift toward, and a preference for, natural gas, which is precisely what Westport's future growth depends on. Tie-ins with big companies will also help Westport explore newer markets and add to its already wide and strong global presence. fool.com