Natural Gas
Posted: Fri Sep 06, 2013 11:46 am
There are a couple of companies that I've read about recently that are trying to take advantage of low natural gas prices.
There's one called Westport Innovations (WPRT) which basically enables diesel engines to run on Natural Gas. There's another called Clean Energy Fuels (CLNE), founded by T. Boone Pickens that is laying infrastructure to fuel vehicles (especially semis) with natural gas.
Both companies have good stories. Neither is profitable yet.
My question: Does anyone think that natural gas projects like these will be great ideas that never worked out for whatever reason, or do you guys think they will in fact work?
There's one called Westport Innovations (WPRT) which basically enables diesel engines to run on Natural Gas. There's another called Clean Energy Fuels (CLNE), founded by T. Boone Pickens that is laying infrastructure to fuel vehicles (especially semis) with natural gas.
Both companies have good stories. Neither is profitable yet.
My question: Does anyone think that natural gas projects like these will be great ideas that never worked out for whatever reason, or do you guys think they will in fact work?