WILL AN OIL PANIC LEAD US TO NATURAL GAS
- Posted by ZorTrades
- on February 24th, 2011
The recent moves in $CLNE and $WPRT tells me that it might happen. Clean energy provides natural gas as an alternative fuel for vehicles in the United States and Canada, Westport Innovations develops low emission engine and fuel injection systems that utilize alternative gaseous fuels like natural gas. $CLNE is up 14% and $WPRT is up 21% since the Libya mess started. I’m in the camp that says; that an oil panic that drives crude oil up is the best scenario for the United States to implement alternative energy solutions. Too boot, there was a big natural gas deal over the weekend, BHP Billiton agreed to to buy Cheseapeake Energy Arkansas shale gas assets for $4.75 billion in cash. BHP will add more than 10 trillion cubic feet of gas resources. That is a big time purchase. Here are some other nat gas stocks you should know about:
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus
-
Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
-
-
Recent Posts
-
Archives
-





