Natural Gas Demand on the Upswing -- Clean Energy Fuels and Westport Innovations to Benefit
The Paragon Report Provides Equity Research on Clean Energy Fuels & Westport Innovations
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 09/26/11 -- The Paragon Report examines investing opportunities in the natural gas market and provides equity research on Clean Energy Fuels Corporation (NASDAQ: CLNE) and Westport Innovations, Inc. (NASDAQ: WPRT) (TSX: WPT). Access to the full company reports can be found at:
Shale gas has become an important feature of US energy supply. Daily production has increased from less than 1 billion cubic feet of gas per day (bcfd) in 2003, when the first modern horizontal drilling and fracture stimulation was used, to almost 20 bcfd by mid-2011.
While North American natural gas production is skyrocketing, prices have collapsed in recent years as demand has yet to match supply. The price of natural gas in the US has been cut in half from three years ago after new drilling techniques boosted output.
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.
Two promising trends may be able to boost demand and shrink supply -- stabilizing prices -- in the coming years, however. Natural gas production in Canada, the world's third largest natural gas producer, is declining at a significant rate. The Conference Board of Canada recently issued a report arguing that production is expected to drop over the next five years, led by declines in Alberta output, which is expected to slide by 20%. Drilling activity is expected to be weak for a third consecutive year as explorers shift from natural gas plays to oil plays, where more favourable pricing exists.
The United States' abundant natural gas reserves could provide a new path toward achieving energy security. With clean energy still a top priority, Americans have begun heralding shale gas as a cheap and clean transitional fuel to renewable energy. President Obama himself has said natural gas has "enormous" potential as a clean energy alternative to oil.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 26.09.2011 - 06:16 Uhr
Sprache: Deutsch
News-ID 1040588
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Commercial & Investment Banking
Anmerkungen:
Diese Pressemitteilung wurde bisher 119 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Natural Gas Demand on the Upswing -- Clean Energy Fuels and Westport Innovations to Benefit
"
steht unter der journalistisch-redaktionellen Verantwortung von
Paragon Financial Limited (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
