Seeking Alpha

Steve K. S.

Steve K. S.
Send Message
View as an RSS Feed
View Steve K. S.'s Comments BY TICKER:
Latest  |  Highest rated
  • Clean Energy Fuels: Down But Not Out [View article]

    I'm a Republican by nature, and I'm highly in favor of a less intrusive government. But that isn't what today's Republican party stands for. If you're opposed to BIG MONEY controlling the political process, ypu certainly can't favor 21st Century Republicanism. Our Congressional policy makers run into Tea Party Republicans whenever any policy designed to reduce American's dependence on foreign oil comes to a vote. America is hopelessly addicted to foreign oil.

    IMHO the keystone pipeline bringing Canadian oil to the American consumer is definitely not the answer. Far preferable is to use domestic resources to fuel America.....Natural gas is the obvious first choice, but don't pooh pooh the idea of wind power, or solar, such nonconventional energy sources are sure to be commonplace in the 21st Century. Progressive Holland has an enormous wind power development underway.

    Tea Party Republicanism will be the death knoll of traditional republicanism. The world is changing, America has to change or become a dinosaur in the community of nations. Powerful interests directly tied to foreign oil, importation, and refining are in control of the political process in America, but the times they are changing.

    I agree with your view that President Obama hasn't accomplished what I had hoped, but neither he hasn't been the obstacle to change you claim. At least he isn't in the pocket of big oil interests, that's more than most modern day Republican policy makers can claim.

    Apr 24 04:53 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    I've followed the slow progress being made to end America's reliance on imported oil for a few years now. In my view the greatest obstacle against the change to cleaner, cheaper, abundant, domestic natural gas transportation fuel is foreign oil importers and refiners all powerful lobby in the halls of congress.

    While President Obama has spoken sensibly about change in energy policy away from imported oil, nothing has happened on the legislative front. It's been more of the same, the status quo of using oil based transportation fuel only continues to enrich big oil interests tied to imported oil and refiners, i.e., Koch brothers et al.

    I'm sorry to say, Tea Party Republicans are marching in lockstep behind those interests opposing change in energy policy. While President Obama hasn't used the bully pulpit effectively to foster positive change in energy policy, he isn't the obstacle. Obama's dilemma is he's accused of "crony capitalism" by the very faction that is glaringly in the pocket of foreign oil importers and refiners.

    The progressive change to use domestic natural gas in place of imported oil is an uphill battle, it's can be confusing, and vested interests are reluctant to surrender turf back to the American people. Using a domestic resource to fuel the American transportation industry is a monumental undertaking when seen in the light of opposing the vested interests of the big international oil oligopoly.

    Apr 24 10:49 AM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]
    correction to comment above: "greatest benefit" should be "most important fact" in the second sentence.
    Apr 23 10:25 AM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    Excellent comment, thanks for the response. The greatest benefit of NG is, of course, the fact that America has an almost unlimited amount of it. If American policy makers do the right thing in my opinion: 1) We could leave the Mid-East, let oil dependent nations fight wars over oil. 2) Cut our military budget to a fraction of what it is today. 3) Reduce GHG by 30%. 4) Create thousands of high paying jobs. 5) End the funding we provide hostile oil producing nations, many of which use those same petro-dollars to wreak havoc on American interests. 6) Get on the path to use the even cleaner gaseous fuel, hydrogen, with zero carbon emissions. 7) Allow America to again become an exporter of domestic crude oil and refined products. 8) Bring about a new sense of pride in America.

    IMHO the benefits of making the transition to gaseous fuel are almost endless. Vested interests don't want to see this progressive change, the status quo of importing oil, refining it, and selling it to the captive market of American consumers works fine for that all powerful sector of the American economy. America's downward economic path is summed up by radio talk show financial guru BOB BRINKER with the opprobrium: "We have the best government money can buy."
    Apr 22 11:27 AM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]
    Movinman and iShare,

    Both of you believe fracking restrictions are likely to end America's march to energy independence. I say that simply is not in the cards. The way I understand it, a deep, horizontal well bore after hydraulic fracturing will often produce what was previously thought unattainable natural gas......this drilling technology is resulting in a true energy bonanza for America. We really are in a New Energy Age, the defining characteristic of the 21st Century. Natural gas as transportation fuel is here to stay.......learn to live with it, the benefits are enormous.

    iShare, I'm pleased that you see CLNE has the chance to be "self reliant" by 2015 yearend.....I say CLNE share price will be at new highs by that time. WPRT will be approaching new highs.......time will tell

    Apr 19 12:45 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    So I presume you prefer The Big Oil/OPEC lobby continues to use the "let the markets decide" mantra to assure America never gets off its addiction to expensive, dirty, foreign oil instead of making the difficult transition to clean, cheap, abundant, domestic natural gas as transportation fuel.

    A sensible energy policy is vital to America's economic health. We elect policy makers to make tough decisions not cave in to vested interests like Big Oil, and interests tied to foreign oil.
    Apr 16 08:09 PM | 1 Like Like |Link to Comment
  • Is The Pendulum Swinging From Oil Back To Natural Gas? [View article]

    I haven't seen any of your great natural gas transportation fuel articles lately. Have you cooled on the idea of using America's enormous supply of NG to fuel the long distance trucking industry?

    Steve K. S.
    Apr 9 10:15 AM | 1 Like Like |Link to Comment
  • Will Tesla Upset Westport's Growth Strategy? [View article]
    Caterpillar may be the fulcrum at the tipping point for WPRT.....CAT has invested heavily in HPDI (WPRT's patent protected technology.) Once WPRT "hits the rails" the company will be off to the races. As far as Tesla technology moving an 80,000 class 8 long haul truck, when pigs fly........let alone moving a mile of freight cars.

    I'm a WPRT investor......"My head's under water, but I'm breathing fine."
    Apr 4 11:46 AM | 3 Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    My sentiments exactly.

    Additionally, President Obama doesn't want to alienate the environmental extremists within his constituency. President is essentially walking a tightrope between reasonable and extreme energy policy measures.
    Apr 1 12:54 AM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]
    In fact, it's still so early in the transition to NG as transportation fuel that short term investors should stay away. IMHO, short term thinkers have already become discouraged and thrown in the towel. Investors still holding or recent buyers are in for the long haul. pun intended. I see diesel prices rising, while NG prices remain significantly cheaper on a diesel gallon equivalent basis. The price spread should widen once the winter cold demand for home heating subsides. The present cold spell has been about as severe we're likely to encounter, and NG remained significantly less expensive than diesel. This price spread is of course an important reason truckers are likely to adopt NG as the fuel of choice. More stringent emission regulations make compliance more difficult across the board. Natural gas engines have no problem meeting 2016 requirements and beyond.

    All in all the future looks bright for providers of NG transportation fuel.
    Mar 28 10:54 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]
    In my view, CLNE's recent decline was almost certainly due to the delayed release of Cummins/Westport ISX 12G resulting in lower than expected LNG sales volume. After all, right now it's only the ISX 12 G that's specifically adaptable for LNG. I'm still keeping my fingers crossed, but I'm almost certain that LNG for long distance trucking really is the "no brainer" it's cracked up to be. As more LNG trucks get on the highways CLNE's share price will start to regain upward trajectory.

    Presently only the Cummins/Westport engine is designed to run on LNG. By yearend the Volvo 13L LNG engine should hit the highways. I'll bet there's more on the drawing boards. We're only in the bottom of the first inning transitioning to NG transportation fuel. Time will tell.
    Mar 28 07:28 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    Thanks for the update on CNG solutions. Quantum's BOC tank displaces several thousand pounds of payload, LNG solutions are much lighter. Thats's the advantage of LNG other than increased energy density, LNG tanks allow more payload.

    In a nutshell CNG tanks are much heavier than WPRT's LNG tank.
    Mar 28 12:43 PM | Likes Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    Don't forget you haven't lost anything until you've 'locked in a loss" by SELLING for less than you paid.......right now your "losses" are only paper losses.

    I'm sitting on paper losses right now also. I'm beginning see light at the end of the tunnel though. Diesel prices continue to rise, trucking companies that have had the courage to transition to NG are likely to be fueling at half the cost of their competitors in the not so distant future.Time will tell.
    Mar 27 11:13 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]

    Your optimism makes sense to me. I tend to agree that CLNE is on sale right now. The delayed release of Cummins/WPRT ISX 12G has bad a very negative effect on CLNE's EBITDA but I suspect we'll see CLNE with an earnings surprise to the upside this year.

    If long distance truckers begin to adopt LNG as the fuel of choice, fuel cost saving will carry the day. CLNE's early mover status will make it difficult for other fuel providers to follow suit.
    Mar 27 11:03 PM | 1 Like Like |Link to Comment
  • Clean Energy Fuels: Down But Not Out [View article]
    I've read many reports that CLNE's sluggish EBITDA is mostly due to a delayed release the Cummins/Westport ISX 12 G. This makes sense to me, if the adoption rate of the LNG version of this engine gets on the road in significant numbers CLNE will be in the catbird seat. i.e., the only game in town RE: alliance with long haul truckers favorite Flying J stop to refuel.
    Mar 27 07:57 PM | Likes Like |Link to Comment