Clean Energy Fuels and Cheniere Energy Look to Benefit From Obama's Natural Gas Endorsement
The Paragon Report Provides Equity Research on Clean Energy Fuels Corporation & Cheniere Energy
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/08/12 -- Natural gas prices have been in a long slump as production has grown dramatically in recent years as advances in technology have unlocked vast new reserves. The United States Natural Gas Fund is down roughly 15 percent year-to-date, leading utilities companies to switch from coal to gas for power generation. The abundance of natural gas has led President Obama to push for tax breaks for natural-gas powered trucks which could help the U.S. cut its dependence on foreign oil. The Paragon Report examines investing opportunities in the natural gas market and provides equity research on Clean Energy Fuels Corporation (NASDAQ: CLNE) and Cheniere Energy, Inc. (NYSE Amex: LNG). Access to the full company reports can be found at:
In President Obama's State of the Union address, he encouraged the country's booming natural gas output. "We have a supply of natural gas that can last America nearly 100 years. And my administration will take every possible action to safely develop this energy," Obama explained. "The development of natural gas will create jobs and power trucks and factories that are cleaner and cheaper, proving that we don't have to choose between our environment and our economy," he promised.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the natural gas market register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
According to Reuters, Obama further talked up the natural gas industry during a visit to a UPS facility in Las Vegas, which received stimulus funding to invest in liquefied natural gas vehicles and construct a public LNG refueling station. Developing natural gas "could power our cars and our homes and our factories in a cleaner and cheaper way," Obama said at the UPS facility.
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Datum: 08.02.2012 - 13:20 Uhr
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