Prefer a Yield - Cramer's Lightning Round (10/10/08) [View article]
Aubrey K. McClendon, the billionaire chief executive of Chesapeake Energy Corp., has sold "substantially all" of his stock in the company over the past three days in order to meet margin loan calls, the company said Friday. Media reports have placed the number of shares at more than 33 million. But is the company out of cash?
Chesapeake Energy: Natural Gas Supply Responds to Price [View article]
An energy policy with significant emphasis on gasoline-based alternatives requires huge initial capital investments, government leadership and financial subsidies. Unfortunately, our economy is in the tank now and so is our national treasury, over nine trillion in debt and growing rapidly.
The problem with vehicles that run on other than gasoline - electric, natural gas/propane, hydrogen (fuel cells) - can not be fueled at present by an existing infrastructure, such as your local gas station. So, in addition to paying a premium for such vehicles, one has also to consider fueling options.
Prefer a Yield - Cramer's Lightning Round (10/10/08) [View article]
Chesapeake Energy: Natural Gas Supply Responds to Price [View article]
The problem with vehicles that run on other than gasoline - electric, natural gas/propane, hydrogen (fuel cells) - can not be fueled at present by an existing infrastructure, such as your local gas station. So, in addition to paying a premium for such vehicles, one has also to consider fueling options.