OPTIONS 'N EQUITIES

[phrantic]

Answers are starting to surface on natural gas. This explains the unusually heavy big-block buying I've been witnessing for some time now.

NEW YORK (MarketWatch) -- Chesapeake Energy Corp. drew positive comments from analysts on Tuesday after it said it would spend $1 billion to promote wider use of natural gas as a transportation fuel, starting with a $150 million investment for Clean Energy Fuels Inc. and $155 million for privately held Sundrop Fuels.

http://www.marketwatch.com/story/chesapeake-to-seed-natural-gas-market-2011-07-12?siteid=yhoof

NEW YORK (MarketWatch) -- Clean Energy Fuels Corp. /quotes/zigman/102863/quotes/nls/clne CLNE +8.22% shares rose 15% to $15.05 on Tuesday morning. Chesapeake Energy Corp. /quotes/zigman/126832/quotes/nls/chk CHK +0.44% said Tuesday it would invest $150 million in over three years to fund development of roughly 150 liquefied natural gas truck fueling stations. Raymond James analysts, who have a strong buy rating on Clean Energy, said its count of LNG fueling stations could grow 50% in 12 months with the investment. After the announcement, Northland Capital Markets analysts upgraded Clean Energy stock to outperform from market perform.

http://www.marketwatch.com/story/clean-energy-shares-rise-15-after-lng-investment-2011-07-12?siteid=yhoof2

Lots of natural gas buzz:

http://finviz.com/quote.ashx?t=clne&ty=c&ta=1&p=d