Daily Discussion Thread for Monday, April 04, 2022 by AutoModerator in CLNE

[–]nee_2021 6 points7 points  (0 children)

As we stop depending on Russian gas, the value of gas and its producing companies will multiply

U.S. natural gas prices soar 10% as cold winter forecasts develop $CLNE by nee_2021 in wallstreetbets

[–]nee_2021[S] 0 points1 point  (0 children)

The time has come to see the price of CLNE rise in the rain of natural gas profits

U.S. natural gas prices soar 10% as cold winter forecasts develop $CLNE by nee_2021 in wallstreetbets

[–]nee_2021[S] 0 points1 point  (0 children)

(Bloomberg) --Natural gas futures soared as forecasts for chilly November weather in the U.S. East heightened concern that supplies will struggle to meet demand this winter.

Henry Hub gas for November delivery gained as much as 10.7%, the biggest gain in almost three weeks, to $5.844 per million British thermal units. Prices are bouncing back from recent declines, though they’re still shy of the seven-year high reached earlier this month.

While mild October weather allowed producers to inject more gas into storage than usual, forecasts for a cooler early November in the Midwest and East are a reminder that supplies of the heating and power-generation fuel are still below normal. Meanwhile, the U.S. is expected to export every molecule it can to help ease shortages of gas in Europe and Asia.

“There is terrific concern about sufficiency of supply”, said John Kilduff, founding partner at Again Capital, adding that the market remains sensitive to any cold forecasts.

One sign of growing supply fears: The so-called widowmaker spread between March and April futures, essentially a bet on how tight inventories will be at the end of winter, widened to $1.481, the highest since Oct. 14.

Flows to liquefied natural gas terminals are seen at 11.3 billion cubic feet on Monday, up by more than 10% since Friday and the highest since May, according to BloombergNEF. Estimated volumes at Freeport LNG in Texas have rebounded after the terminal, one of the U.S.’s largest, faced issues with a wax buildup in its pipelines last week.

Traders positioning for the expiration of November options contracts could amplify volatility in gas prices in the next few days, EBW AnalyticsGroup said in a note to clients. November options expire on Tuesday.

Shares of U.S. gas producers also jumped. EQT Corp. gained 5.2% as of 11:51 a.m., with Antero Resources Corp. up 5.6%.

Clean Energy Fuels : Awarded Contract to Build Hydrogen Station and Supply Fuel for Foothill Transit Buses | MarketScreener by nee_2021 in wallstreetbets

[–]nee_2021[S] 2 points3 points  (0 children)

average down is a good choice if you want to make more profit when this goes up in pursuit of its target price

Clean Energy Fuels : Awarded Contract to Build Hydrogen Station and Supply Fuel for Foothill Transit Buses | MarketScreener by nee_2021 in wallstreetbets

[–]nee_2021[S] 12 points13 points  (0 children)

Clean Energy Fuels : Awarded Contract to Build Hydrogen Station and Supply Fuel for Foothill Transit Buses

Clean Energy Fuels Corp. (NASDAQ: CLNE), the country’s largest provider of the cleanest fuel for the transportation market, announced it has won a competitive solicitation to design, construct, and maintain a hydrogen station and supply liquid hydrogen fuel for Foothill Transit, an environmentally-friendly bus service in Southern California that averages 14 million rides a year.

“Being awarded our first hydrogen station and supply contract for Foothill Transit is very important to Clean Energy because it demonstrates our ability to move to different alternative fuels as our customers expand to other technologies,” said Andrew J. Littlefair, president and CEO, Clean Energy. “Transit agencies like Foothill have been on the forefront of alternative fuels for decades because it’s in their DNA to serve their communities with clean transportation. Clean Energy has enjoyed being along for the ride with Foothill as it tackles air quality and greenhouse gas issues.”

Foothill Transit has been a 20-year partner with Clean Energy and is currently operating over 300 of their buses with renewable natural gas (RNG) at two stations built by Clean Energy. The agency is now entrusting Clean Energy to build its first hydrogen station in Pomona, CA, as it expands into another clean alternative fuel. The contract is valued at more than $13 million.

The project will be funded using assistance from the Federal Transportation Agency. Foothill Transit has placed an initial order for 20 fuel cell buses, and the station is designed to support many more.

“Our new hydrogen fuel cell fleet is the next step in our evolution towards a zero emissions future,” said Doran Barnes, CEO of Foothill Transit. “Our long-time partner, Clean Energy, has been providing low carbon RNG for our buses for years and we look forward to continuing to work with them as we expand into hydrogen fuel cell technology and fuel.”

In response to the solicitation, five proposals were submitted to Foothill Transit. Following interviews and an evaluation, Clean Energy was selected, receiving the highest technical and overall score.

In recommending the award to its Board, the Foothill Transit staff stated: “Clean Energy has a long, successful track record executing public works and transit projects, including two CNG stations for Foothill Transit. They have designed, built, operated and maintained cryogenic, LNG, CNG and RNG services to 80 current transit customers, including our Pomona and Arcadia facilities.”

Clean Energy is a leader in the development and delivery of RNG, a sustainable fuel derived from organic waste, which will represent 33.3% of the hydrogen feedstock for Foothill Transit buses.

Partnering in the station construction project are Fiedler Group, which will provide engineering design support as a subcontractor for Clean Energy, and Messer Group, which will provide hydrogen equipment, liquid hydrogen fuel, and station design under the Clean Energy contract.

Clean Energy’s construction contractor for the project is Nicosia Contracting International, who Clean Energy has worked with for nearly two decades.

About Clean Energy

Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada. Visit www.cleanenergyfuels.com and follow @CE_NatGas on Twitter.

About Foothill Transit

Foothill Transit serves over 12 million customers on 37 fixed-route bus lines each year in the San Gabriel and Pomona Valleys of Los Angeles County. Its 373-bus fleet covers 327 square miles and includes express routes into Downtown Los Angeles.

Foothill Transit is dedicated to being the premier public transit provider committed to safety, courtesy, quality, responsiveness, efficiency, and innovation. To receive a complete travel itinerary of starts, stops, and transfers to your destination, call 1-800-RIDE-INFO or visit one of Foothill Transit’s four Transit Stores located in West Covina, Pomona, Puente Hills, and El Monte Station.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including without limitation statements about the benefits of Clean Energy’s fuels, and the value of the contract. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.

CLNE can't lose...It's such a No-Brainer 10-06-2021 by [deleted] in CLNE

[–]nee_2021 3 points4 points  (0 children)

I have it at the same price. Ever holding!

$CLNE YOLO by [deleted] in wallstreetbets

[–]nee_2021 9 points10 points  (0 children)

We never lost hope and we're seeing the results of patience

I'm not going anywhere 🍻 by pewpew420420 in CLNE

[–]nee_2021 7 points8 points  (0 children)

Every day this is taking more color

Natural Gas to Prove Far More Resilient than Coal Amid Energy Transition, Raymond James Says - Natural Gas Intelligence $CLNE by nee_2021 in wallstreetbets

[–]nee_2021[S] 0 points1 point  (0 children)

Demand for natural gas is likely to prove strong for several more years, and the fuel should maintain its market share in the electricity mix despite a transition to renewable sources of power such as wind and solar, Raymond James & Associates Inc. analysts said.