If this bill goes thru, there will be a bigger jump in pps, not just present speculators in these converter mfrs, just be leary of the pennystocks that do not have sales history, I've seen a large number of pumping for some time now, truth is only a few busses and other public transportation rather than semi trucks have had converters put in, not a strong market in the U.S. and with refineries that already convert, the kits have become obsolete in Europe:
Heard of H.R. 1380?
by Andrew Snyder, Editor, Inside Investing Daily
It's also called: "New Alternative Transportation to Give Americans Solutions Act of 2011."
Or the acronym NAT GAS. Get it?
Hey, I think it's pretty good for the country.
So does President Obama...
It's been said he endorses it -- and is set to rubber-stamp it once it winds its way through Congress...
H.R. 1380 would be a first step in reducing our dependence on OPEC...
It would give as much as a $64,000 tax credit to convert diesel engines to natural gas.
Natural gas is cheaper, cleaner and domestically abundant (especially in places like Pennsylvania, which has gone frackin' crazy lately).
Think about it...
Spending $5 billion over 5 years to "kick-start" the natural gas transportation industry is a smart move.
Anything to cut down on the 4,776,000 barrels of crude oil the U.S. imports from OPEC -- each day...
The main target?
America's eight million 18-wheelers chugging down our highways...
Heavy trucks represent 4% of our country's vehicles, but consume a whopping 23% of transportation fuel! OUCH!
