Topic: How To Invest

Pat, I own several stocks that you recommend in both oil and natural gas. In the past there was quite a drive to convert cars to use natural gas instead of oil-derived fuel. Do you see this ever happening, and why do you think the idea has proven unpopular? Thanks for all your past guidance.

Article Excerpt

Some commercial vehicles are powered by natural gas. However, there are a number of limitations to large-scale use of this fuel in other types of vehicles, such as passenger cars and trucks. First, gas stations have limited storage and delivery infrastructure for wide-scale use of natural gas. As well, natural gas must be stored in cylinders, whether it is compressed natural gas (CNG) or liquefied natural gas (LNG). These are usually located in the vehicle’s trunk, which reduces available cargo space. As well, consumers will likely be reluctant to convert to natural gas, as many believe that natural-gas systems in cars are unsafe. And, while there is a chance of higher subsidies to fund the conversion of passenger cars to natural gas, governments and car makers appear to prefer electric cars as a non-gasoline-powered option. Meanwhile, here’s a look at a company sells natural gas for use in vehicles: Clean Energy Fuels, $12.68, symbol CLNE on Nasdaq (Shares outstanding: 60.0 million; Market…