Icahn Is A Game-Changer For Chesapeake [View article]
With all that is said above, what happens if Greece leaves and the Eurozone collapses? Would this not shoot the dollar back up, thus resulting in a $2.00 pump price?
If CLNE puts itself out there financially to establish the infrastructure and at such a volatile point of their existence this does happen, could you foresee a scenario in which CLNE cannot sustain losses and collapses in it's efforts, possibly gets bought out?
Personally I see CLNE as a monster and the current situation in Europe is creating a very unpredictable Domestic market in terms of Nat Gas. Shell put out an article today stating that they have American Nat Gas being traded at $4-$6.00 an MMBTU by 2016. Again, what happens then, can these fleets that are converting count on a stable market? The incremental cost of these fleets runs anywhere from 10k-20 depending on the Class size so covering that incremental upfit to run on CNG/LNG at the moment is a highly viable play. Can we say the same if Shell's projections hold and their predictions come true. CLNE is a 14 year old company, nothing has happened in the industry until Nat Gas hit the all time low, now it's pegged as the Savior of America and our separation from OPEC etc.
I am not trying to play the "doom and gloom" game here, simply trying to better understand the grand scheme as the market settles and Nat Gas isn't at such a low that the ROI on these fleets is literally a year or better and they run them for 8-10 years.
A penny for your thoughts Sir! I appreciate your time if you do indeed follow up.
Icahn Is A Game-Changer For Chesapeake [View article]
Icahn Is A Game-Changer For Chesapeake [View article]
If CLNE puts itself out there financially to establish the infrastructure and at such a volatile point of their existence this does happen, could you foresee a scenario in which CLNE cannot sustain losses and collapses in it's efforts, possibly gets bought out?
Personally I see CLNE as a monster and the current situation in Europe is creating a very unpredictable Domestic market in terms of Nat Gas. Shell put out an article today stating that they have American Nat Gas being traded at $4-$6.00 an MMBTU by 2016. Again, what happens then, can these fleets that are converting count on a stable market? The incremental cost of these fleets runs anywhere from 10k-20 depending on the Class size so covering that incremental upfit to run on CNG/LNG at the moment is a highly viable play. Can we say the same if Shell's projections hold and their predictions come true. CLNE is a 14 year old company, nothing has happened in the industry until Nat Gas hit the all time low, now it's pegged as the Savior of America and our separation from OPEC etc.
I am not trying to play the "doom and gloom" game here, simply trying to better understand the grand scheme as the market settles and Nat Gas isn't at such a low that the ROI on these fleets is literally a year or better and they run them for 8-10 years.
A penny for your thoughts Sir! I appreciate your time if you do indeed follow up.