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Movinman138

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  • 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 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 http://bit.ly/U8Y5nY and your 548 number is BOGUS! That same website shows CLNE has only 151 public locations selling CNG - Cheers W, bottoms up!
    Nov 6 11:03 AM | 1 Like 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 05:33 PM | 2 Likes Like |Link to Comment
  • Update: Clean Energy Fuels Loses Long-Time CFO [View article]
    Vesparado,

    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!

    http://reut.rs/10iwAAU

    http://bit.ly/10iwBoF
    Nov 4 01:13 PM | Likes Like |Link to Comment
  • Update: Clean Energy Fuels Reports Q3 '14 Earnings [View article]
    SS,

    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 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. http://linkd.in/1ruON4Q http://bit.ly/1ruOLdb .

    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 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 http://bfpne.ws/1wyYK7G , 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 02:24 AM | Likes Like |Link to Comment
  • Update: Clean Energy Fuels Reports Q3 '14 Earnings [View article]
    Yeah, W44 ... but how long is the real payback BEFORE they can start counting true revenue ... smoke and mirrors to placate investors? It would be different if they EARNED the business, but alas, they did not. Once again, they incur more debt to try and capture market share. But is it really working?

    From above: "The numbers continue to suggest that gains come from adding new facilities without increasing same store sales at existing fueling stations that would improve margins. The stock is down around 30% since the last call, but it doesn't appear to have much upside until the actual bottom line numbers improve."

    Consider this example - Loves Travel Stops is having a ribbon cutting in Lodi, Ohio late November (the week before Thanksgiving) with their latest CNG station opening. And guess who is the anchor fleet? Dillion Transport! That is volume lost from CLNE's Seville, Ohio and London, Ohio LNG facilities. Certainly seems to support the "CLNE is still a sell" perspective.
    Oct 26 02:03 AM | 1 Like Like |Link to Comment
  • Clean Energy Fuels: The Battle Of Bears Versus Bulls [View article]
    Well BB,

    Guess I am not the only one thinking this way. If I was childish with my comments, as are you, I'd say, "bit me, I was right". But I'm not, so I won't ... lol...

    From the article, "Update: Clean Energy Fuels Reports Q3 '14 Earnings":

    "The numbers continue to suggest that gains come from adding new facilities without increasing same store sales at existing fueling stations that would improve margins. The stock is down around 30% since the last call, but it doesn't appear to have much upside until the actual bottom line numbers improve."

    If that's not enough for you, here is more evidence - Loves Travel Stops is having a ribbon cutting in Lodi, Ohio with their latest CNG offering. And guess who is the anchor fleet? Dillion Transport! That is volume lost from CLNE's Seville Ohio and London, Ohio LNG facilities.

    When do I get to say, "I told you so?" ....lol.....
    Oct 26 01:33 AM | 2 Likes Like |Link to Comment
  • Clean Energy Fuels delivers record CNG gallons, buys interest in NG Advantage [View news story]
    They were disclosed http://bit.ly/11nFnCM CLNE paid $38 million for their position in NG Advantage. So it will take CLNE how long to break even? 3 years on this investment? Will they last that long? I've read plenty that say either yes or no. Break out the crystal ball...
    Oct 15 08:01 PM | Likes Like |Link to Comment
  • Clean Energy Fuels delivers record CNG gallons, buys interest in NG Advantage [View news story]
    Financial terms are not revealed? Here you go:

    Once again CLNE fails to earn its share of the market so they buy there way in, AGAIN. That's one way to try and dominate.

    http://bit.ly/11nFnCM

    Their gonna run out of money sometime. You can't keep spending faster than you earn and stay in business, unless your the government ...lol....
    Oct 15 03:52 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: The Battle Of Bears Versus Bulls [View article]
    Once again CLNE fails to earn its share of the market so they buy there way in, AGAIN. That's one way to try and dominate.

    http://bit.ly/11nFnCM
    Oct 15 03:32 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: The Battle Of Bears Versus Bulls [View article]
    For anyone that wants to see the NGV industry up close and personal and judge how much CLNE is or is not exaggerating their role in the industry (being deceptive) ... check this out:

    http://bit.ly/1t1U8Yq

    I suspect you will be GREATLY enlightened.
    Oct 7 10:23 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: The Battle Of Bears Versus Bulls [View article]
    DA, I respect to your convictions, but my observations based in the marketplace, have seen the CLNE deceptions. The LNG cited above is needed to continue to service the original LNG equipment, but the majority of new fueling capacity in the above article and for most in the transportation industry is CNG. But I figured you grab onto the existing LNG structure as vindication. But you cant deny the truth that CNG is the safer bet, not LNG based on what we see in the market place today for actual usage.

    And I would submit, that the really smart ones, never got into CLNE, like me.... just sayin'.

    I never said LNG is forgotten. As a matter of record, I have said over and over on SA, LNG is great for marine, export, rail and maybe even aviation. But it is being pushed passed its technical capabilities in the transportation industry. As far and CLNE not being open and honest, all I can say is go to the NGVAmerica tradeshow in Kansas City MO in Nov. ... walk the show floor ... and ask non-CLNE folks what they think about CLNE's openness and honesty and I will be vindicated, guaranteed! THAT is one advantage I have over the arm chair finance advisers here on SA, I live, breath and sleep NatGas as a transportation fuel inside the industry! If you knew what I know you'd feel differently about my posts. But thats OK, that is part of the service SA provides. Otherwise, I'd never be able to speak out against some of this CLNE BS and you and I would not be "chatting". You have said it yourself, that some of my revelations are concerning. Go to Kansas City ... check up on your investment. I'd be happy to see you. CLNE, if you are asking those questions, won't be happy to see you.
    Oct 7 10:17 PM | Likes Like |Link to Comment
  • Dillon Transport Expands Leadership in Natural Gas Fueling with Clean Energy; Signs Multi-Year Fueling Agreement to Open Three Public Heavy-Duty Truck Stations [View article]
    "The Houston, Texas and West Atlanta, Ga., stations will each have 2 CNG lanes " ... LNG is missing aka abandoned moving forward.

    Dillon continues to abandon LNG for CNG in a HUGE way. Which is really bad news for CLNE as Dillion was one of their crown jewel LNG consumers. That means all the CLNE LNG infrastructure continues to flounder (flounder = being under utilized, boiling off directly to the atmosphere), which wouldn't be so bad because they are retaining the client except the LNG infrastructure is so much more costly to write off. The stinking albatross of LNG is rotting around CLNE's neck.

    By the way, remember this? From the Westport Innovations' CEO Discusses Q4 2013 Results - Earnings Call Transcript, David Demers - Chief Executive Officer:
    "So it’s really hard for me to give you a specific mix, vision. Our sense, talking to fleets, frankly, is that in 2014, with the 12 liter in North America, it’s likely going to be 60-40, 50-50. It’s not going to be 90-10 the way some people are talking."... makes me wonder how many of the LNG trucks from Dillion now gets moved from the LNG column to the CNG side, hundreds judging by this article.

    And of course, CLNE doesn't address this issue at all. They just brag about keeping Dillion as a customer, which is a pretty big moral victory for CLNE IMHO (since they are loosing so many customers to other CNG providers). But ignoring the LNG side of this story when Dillion came out so strong and committed to LNG is also typical M.O. for CLNE marketing spin.

    It was said in the comments of the SA article entitled "Clean Energy Fuels: The Battle Of Bears Versus Bulls" by Author David Allen, "While the bears obsess about what CNG mice are doing, I'm watching the CLNE LNG elephant getting ready to trample your little CNG retail outlets. " ... DA, I think your elephant analogy is a good one as the elephant gestation period is 645 days versus the field mouse which is 20 days. So while your LNG elephants would like to trample the CNG mice, there are simply way too many to dominate. Good analogy!

    And we know CLNE, yeah, yeah, you sell CNG too, but you would be so much further ahead (and so would your share holders) if you had stayed focused on CNG and not played in the LNG traffic!
    Oct 7 07:03 PM | Likes Like |Link to Comment
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