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temp luvs amy

04/19/17 4:40 PM

#3396 RE: Jack_Bolander #3395

Another $70 million to spend lavishly while ignoring basic business fundamentals?

temp luvs amy

04/30/17 11:33 PM

#3416 RE: Jack_Bolander #3395

Would love to hear your take on this. $70 million is a hard number to sneeze at.

I've been following renewable energy for about 12 years. Gas can be manufactured from many biological sources, but stationary generating sources are most suited for the purpose. The sale of the unit is a loss to the company in that respect. The trend, however is away from that technology, not toward it, and competition exists. It's not a slam dunk, either way, AFAIK.

Natty is oversupplied, especially near the Marcellus Shale region. Compression for transportation is commercially viable.