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  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    Not everyone that doesn't think highly of CLNE is short on them. I have no position. I reread their annual report today. They state right in it their compressors don't work sometimes and see that as a jeopardizing factor to their future health. And they also state they are going to have a challenge when payments are due soon as in coming up with the cash to cover. They also no longer list their Washington facility which supports the rumor that they closed it, meaning they no longer are borderline Buy America compliant-they flat out do not comply, which I always found ironic that red, white and Boone would own a company (IMW) that cant comply with Buy America requirements.

    Here is one quote that addresses one of the above:

    Our manufacturing operations could subject us to significant costs and other risks, including product liability claims.

    Our subsidiary, IMW, designs, manufactures, sells and services non-lubricated natural gas compressors and related equipment used in CNG stations. ***** The equipment IMW produces and sells has not in some instances performed, and may not in the future perform, as expected, according to legal or other specifications, or at all *****. IMW has in the past and may in the future incur significant and unexpected costs in the product life cycle, including costs incurred to fix any discovered performance errors and to repair any product malfunctions. The scope and likelihood of these risks continues to increase as IMW makes efforts to expand its services to new geographic and other markets. The occurrence of any of these risks has and will damage our customer relationships and reputation, delay the launch of new IMW products, force product recalls and/or result in product liability claims, any one of which could have a material adverse effect on our results of operations and financial condition.

    So they outright admit, their product not only doesn't work well sometimes, but sometimes doesn't flat out work at all! Hardly makes them the industry leader they hold themselves out to be.

    Read the rest for yourself at :
    May 15, 2015. 06:00 PM | 2 Likes Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    No shorts here. No position in CLNE (I won't own them because I don't care for their lack of business ethics and bad practices as I have previously illustrated here on SA). I don't care for the deception and manipulation CLNE deploys so I offer industry backed facts to help keep CLNE honest, not that that is really possible.
    Apr 15, 2015. 09:17 AM | 1 Like Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    UPS chooses CNG for its next major alt fuels expansion. Great news for CNG. Bad news for CLNE as they choose CLNE competitor, TruStar to fuel their 1400 trucks:

    Like so many other companies that have left CLNE for others selling natural gas as a transportation fuel at better prices than can CLNE because of their HUGE LNG investment. CLNE's CNG from LNG boil off is a joke when it comes to being cost effective. CNG in the rest of the alt fuel world is easily $1.00 - .75 cheaper to produce because it is not produced from LNG boil off. CLNE continued position as the high cost to produce leader and thus highest retail cost to sell, will continue to hurt their market growth.
    Apr 13, 2015. 12:22 PM | 1 Like Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    Makes a huge statement? UPS choosing a CLNE competitor to fuel 1400 CNG trucks makes a bigger statement!
    Apr 13, 2015. 12:17 PM | 1 Like Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    Wow ... so they will fuel some of those 115 LNG trucks some of the time (just like Dillion LNG). But CLNE looses the order for 1400 CNG trucks ... hold on to your butts is right ... OUCH!
    Apr 13, 2015. 12:16 PM | 1 Like Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    Mac, you have it backwards. In the real world, CNG offers better or more lucrative margins that LNG. LNG only saves a fleet maybe $.50 gallon (DGE) when the diesel prices are higher than today. Diesel is on parity with LNG in parts of North America as a gallon of diesel is $3.06 this week. So the fleet savings is maybe $.25-$.50 today compared to $.50-$.75 a couple years ago.

    CNG is still $1+ cheaper than diesel in parts of North America. LNG runs about $1-$1.25 more expensive than the national CNG average (lags a couple months).Today, the North American average price for CNG is $2.11 or about a dollar cheaper than diesel. In California, diesel is running $3.50-$4.00 and CNG is averaging $2.41.

    IMHO, LNG is the distraction that exacerbated CLNE's financial woes and still very well may be the shinny object that kills them!

    Only a financial simpleton thinks making CNG out of LNG is a good idea. it should be made out of pipeline natural gas or biomethane. There are only two reasons CLNE is doing it. 1) The stations are already built but not being used or dramatically under utilized. Offering CNG will start the flow to help counter-act the fiscal hemorrhaging. 2) CLNE's LNG stations have terrible fugitive emissions meaning as the LNG sits and is not used, it boils off (As they use passive insulation meaning LNG is made at around -258 degrees but is not actively cooled to keep it at that temp). Once loaded in a truck it begins to warm up and continues to do so once off loaded into storage at a station where it is not being consumed. As the fuel continues to heat up, the boil off is vented to the atmosphere. This is becoming increasingly problematic for CLNE environmentally and fiscally as that is lost product. Capturing the boil off and compressing it into CNG is a viable solution albeit very expensive compared to CNG made from pipeline natural gas or biomethane, both of which are the feed stock for 95% plus of the commercial CNG made today. In other words, only in CLNE's little contrived world is LNG more lucrative than CNG. For all of CLNS's CNG competitors (Save a couple like Blu?), their CNG is going to easily be $1+ more profitable than CLNE's offering.

    Loves Travel Stops, a traditional liquid fuels provider, has its own trucking company, Musket Corporation. In 2012, they ran a side by side test of CNG vs LNG and for their duty cycle, CNG was +$.80 better performing over diesel when they ran a holistic comparison.

    Lastly, if you watch trade rags like Transportation Topics or Flue and Fleet you will see reports that show CNG truck sales vs LNG truck sales is consistently around 80% vs 20% respectively and has been that way for nearly the last 36 months. Of course, those pushing LNG will say whatever they can to discredit or ignore that tiny little fact. Don't take my word for it, look it up as see for yourself.
    Mar 30, 2015. 11:03 AM | 2 Likes Like |Link to Comment
  • Why Clean Energy Fuels Can Continue Beating The Market Despite Certain Challenges [View article]
    LOL ... really? The author says, "Clean Energy Fuels' business hasn't been affected by the rapid drop in diesel prices as its customers are still increasing their natural gas fleets." Guess the CLNE rose colored glasses are still working.

    Job losses at IMW hitting Chilliwack families hard (IMW is the wholly owned CLNE subsidiary making Chinese and Canadian CNG compressors)

    Clean lays off half of the employees added over the last two years. Keep it real Harsh. That is hardly not being affected by the drop of energy prices.
    Mar 26, 2015. 02:39 PM | 2 Likes Like |Link to Comment
  • Clean Energy Fuels: Weighing The Pros Against The Cons [View article]
    CLNE immediately shelving its misguided LNG strategy and changing its market approach is hands down the best thing CLNG could do to helps it's fiscal health! Claritee, very astute comments!
    Feb 1, 2015. 10:36 AM | 1 Like Like |Link to Comment
  • Update: Clean Energy Fuels Loses Long-Time CFO [View article]
    9, my posts are from my experiences within the alt fuels industry ( I said those that were inclined to do their own research could easily verify my claims) where I have worked for more than five years. And I know who designs and builds and provides equipment. That was part of the point of my post, NOT CLNE as often as they say, despite their claims of being king of the hill. I care because IMHO CLNE hurts the industry as much as they help. Just one example is their lack of price competitiveness. If they had prices 50-70 cents lower, not only would they be price competitive with the rest of the industry, but the national price average would drop significantly so when fleet professionals go to the EIA to check the national average price, they would see a dramatically larger price spread between CNG and diesel, hence the adoption rate would be greater. I have personally experienced their deceitful practices and will hold them accountable when I have the chance to do so. THAT is why I care. And my comments only focus on commercial trucking because that is upon what CLNE focuses. My personal approach to alt fuels is much more holistic.
    Nov 6, 2014. 10:08 PM | 1 Like Like |Link to Comment
  • Update: Clean Energy Fuels Loses Long-Time CFO [View article]
    Keep drinkin the CLNE-aide W ... gulp gulp! While you readily accept whatever is printed/spouted/spun and fabricated by the CLNE marketing spin machine, I offer glimpses of accurate and verifiable reality. I would expect if CLNE was the industry leader they say, they would have more of the market share of the 31 that are in their self-described "target market" (31 is the number of the 40 public Ohio stations that fit CLNE's definition of target market as previously documented here on SA). So W, keep drinkin from the CLNE pitcher and ignore reality, but don't be surprised when you continue to loose money. And just for the record, the CLNE public CNG stations that are in Ohio, are also the highest priced in the state (as documented previously here on SA) and mediocre volume. They can't even win the cream of the crop let alone be competitively priced. Though they did buy COTA (Central Ohio Transit Authority) after their competition beat them and built the station. So that means CLNE won SARTA with their IMW technology, and manages two others built with others expertise and technology - COTA and Akron. All other public CNG stations in Ohio, except SARTA (COTA and Akron are private), Cleveland Airport and Ace Taxi (yes three not two, I misspoke earlier, still less than 10% of the market): transit, metro, Class 8 trucking companies and terminals have been lost by CLNE ----- 28 of 31 LOST --- ABSOLUTELY "THE" industry leader - rotflmao! And yes W, they actively have folks here in Ohio bidding on all CNG projects they can find within their target market. And Ohio is not alone in illustrating CLNE's lack of performance, as previously illustrated here on SA, CLNE has an even worse track record in Wisconsin among many, many other states as illustrated at CLNE's website and your 548 number is BOGUS! That same website shows CLNE has only 151 public locations selling CNG - Cheers W, bottoms up!
    Nov 6, 2014. 11:03 AM | 2 Likes Like |Link to Comment
  • Update: Clean Energy Fuels Loses Long-Time CFO [View article]
    9651331 - you are delusional! You said. "... are in the process of changing their fleets into CLNE fueled vehicles." The accurate statement is, "are in the process of changing their fleets into CNG fueled vehicles." As I have illustrated before here on SA, Ohio is the 5th highest ranked state in North America for transportation volume yet CLNE has failed to open a CNG station here for more than 24 months and have only opened 2 prior. In just a few short months (less than four) Ohio will have 40 commercially focused (the majority class 8 friendly)operational CNG public stations and only 2 are CLNE; HARDLY an endorsement of CLNE domination! Lots of CNG vehicles are hitting the road in North America, but the new expansion of this collective fleet is ever more increasingly being fueled by someone other than CLNE. Just this past month, the Greater Cleveland Regional Transit Authority awarded their CNG project to TrilliumCNG NOT CLNE (And yes, CLNE participated in the bidding process). That is one of many, many examples available for those that want to do just a modicum of research to prove out my exertion as I have previously done here on SA. I do not own CLNE nor have any plans to purchase CLNE so your assertion that I am trying to get anyone to sell their shares is bogus as well! I have zero interest in owning CLNE, TrilliumCNG on the other hand ....
    Nov 5, 2014. 05:33 PM | 2 Likes Like |Link to Comment
  • Update: Clean Energy Fuels Loses Long-Time CFO [View article]

    Natural gas, in its current form/use, is a short term play (10-20 years?) until bio-natural gas becomes mainstream and uses most of the same infrastructure. But, as you said, technology will move society to a cleaner energy future.

    Below are a couple links to Thorium nuclear energy. MUCH safer and more abundant that Uranium nuclear energy. I believe that will become one of the preferred energies of the future with bio-CNG. How big of a role bio-CNG plays will depend on cost effectiveness to Thorium or other clean energy sources.

    So my energy friend, fear not for your grand babies ... its all good!
    Nov 4, 2014. 01:13 PM | Likes Like |Link to Comment
  • Update: Clean Energy Fuels Reports Q3 '14 Earnings [View article]

    While I agree with your statement, "I see an incredibly bright future for domestic natural gas" CLNE nor Westport are new companies. Westport will be 20 years old next year and CLNE will be the same age in a couple more than Westport if you start with CLNE's successor Pickens Fuel Corp in 1997 (which was reincorporated as CLNE). So neither company should get a hall pass for being young. They are both old enough to know better! And natural gas as a transportation fuel has had at least two previous attempts at trying to become mainstream.

    And respectfully, the only industry leading claim CLNE owns "hands down" is being the high price leader of providing the most expensive CNG in the industry (most of their other industry leading claims are marketing hype). Earlier this year when CLNE still had their average CNG price on their website they were $2.65/gge while the national average INCLUDING CLNE was $2.04, which means the national average without CLNE was well below $2.00. So CLNE is nearly $1.00 higher than the rest of the industry. I resent the fact that they bemoan they cant be profitable yet hurt the industry by encouraging the marketplace to charge more than could be charged if the prices were more competitive with each other.

    IMHO, the national CNG average price without any subsidies could still be a money making venture around $1.50. If that were so, the NGV adoption rate would be much more accelerated. Their pricing strategy is one of the many reasons I don't believe CLNE in its current form will be around to see the industry flourish from 2020-2030. And no, I'm not short. I've refused to buy CLNE as I dont like their business practices. I believe they hurt this industry as much as they help it. But that too, is IMHO.

    CLNE has let LNG distract them from their CNG core, and now they are paying the price for their lack of focus.
    Oct 31, 2014. 08:05 PM | Likes Like |Link to Comment
  • Update: Clean Energy Fuels Reports Q3 '14 Earnings [View article]
    Robert, I think you will find these folks have some CNG patents superior to Westports technology. .

    In my mind, they are on the right path to creating much more durable CNG engines that will truly compete with diesel from a performance perspective. And their improvements focus on using existing parts/technology whenever possible. This is the company that purchased ESI (successfully beat out Navistar at the bankruptcy auction) a few years ago and has been able to use the collective industry experience and data from ESI and as the foundation for their patents and improvements. It's my believe we will see great things from them in the NGV industry in the not so distant future.
    Oct 26, 2014. 02:25 PM | Likes Like |Link to Comment
  • Update: Clean Energy Fuels Reports Q3 '14 Earnings [View article]
    Here is some food for thought:

    In this NonCLNE authored article , it is stated, "Whether delivering compressed natural gas to industrial sites, as NG Advantage does, or fueling vehicles, as Clean Energy does, the same compressor station can do the job, Mary Evslin said.

    Rayburn said many of Clean Energy's existing filling stations would require only "nominal adjustments" to begin serving customers for NG Advantage, giving NG Advantage the potential to expand nationwide. Mary Evslin said NG Advantage is already researching potential new markets in Ohio, Pennsylvania, West Virginia and elsewhere". "If in market research we find five or 10 companies in Ohio that need help, we could help those people really quickly, rather than permitting and building a compressor station from scratch," she said.

    First, CLNE doesn't tell you how much of NG Advantage is not IMW compressors. They lead their investors to believe it is exclusive IMW, which is not true. Second, the New England states have a notable lack of natural gas infrastructure. That is simply NOT the case in Ohio and is one of many reasons CLNE continues to get shut out of Ohio (as exhaustively documented before here on SA). So where is NG Advantange CLNE going to find those 5-10 fleets in Ohio when CLNE continues to get the door shut in their face? Except of course for the stations( like NG Advantage), that they simply purchase like COTA (Central Ohio Transit Authority that they purchased from Mansfield which used non-IMW equipment). By the way, did you hear the news? Just this month, CLNE LOST the City of Cleveland transit project to TrilliumCNG ... just sayin'! That makes more than two dozen CNG projects in Ohio that have opened their doors since CLNE successfully developed a single CNG project (not including the purchase of COTA).

    And one more thing, her statement, "Whether delivering compressed natural gas to industrial sites, as NG Advantage does, or fueling vehicles, as Clean Energy does, the same compressor station can do the job, Mary Evslin said." This is simply not true. Only large, robust and reliable CNG compressors have the ability to successfully cross fill significant CNG loads for both industries. Those of us inside the industry know there is little comparison to the industry leaders in CNG and IMW. An IMW station simply cannon meet that kind of demand. Don't believe me, as documented before the largest CNG compressor manufacturers (GE, Aspro, Ariel and Galileo) have 5-10 fold the CNG compressors operating than does IMW. And IMHO is because of performance and cost effectiveness issues. Why else would it be common knowledge in the industry that IMW is for sale, as has been the case for nearly two years?

    Oh and for those paying attention. There has been a recent importer of CNG engines launch in North America. But the bigger threat to all you holding Wesport as the holy grail card for CLNE, IMHO is the superior CNG engine being build, that's right, you guessed it, in Ohio. Wesport, like CLNE has done harm to this industry, just as CLNE has by pushing technology beyond its applicable limits (LNG anyone?). So check your crystal balls arm chair investors, the future is more cloudy than you know.

    And for all your sakes, I hope T.Boone's health and attention continues. If he were no longer around or interested in CNG, CLNE would not fare very well. After all the man is pushing 90! I certainly do not wish him any ill will, but five years is an awful long time horizon to become profitable if I am over 90. Not sure how long I'd stay in the game.... just sayin'.
    Oct 26, 2014. 02:24 AM | Likes Like |Link to Comment