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    • Tax Hike Wall of Shame

    Pelosi might have her reasons...


    By JGillman, Section News
    Posted on Fri Aug 08, 2008 at 07:00:34 PM EST

    -cross posted from Michigan Taxes Too Much--

    A search through her personal financial statements gives a clue to Pelosi's recent actions (or inaction) with regard to energy policy.

    Read more...

    Pelosi's financial disclosure shows that in May of 2007, she purchased (on the opening public offering, apparently) a substantial amount of T. Boone Pickens clean energy fuels corp CLNE. CLNE is apparently funding a proposal in California? ...Ahh the shenanigans begin!

    While her "substantial" investment might be a fraction of her total investment package, one wonders about the total investment package when $137 Million in assets of the company total find a $5 BILLION dollar emerging California market for natural gas if a particular proposal goes through.  The multiplier effect can really make a difference.

    So Here in Michigan, we look at losing Truck plants, SUV lines, and other related jobs, so MRS "Stop the vote" can make a profit?  Truly a patriotic woman, that one is...

    < Update on Obama's "Great Friend"-- New Felony Charges, Tethers | Kwame's B****es >
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    Pelosi might have her reasons... | 2 comments (2 topical, 0 hidden)
    Addendum... (none / 0) (#1)
    by JGillman on Fri Aug 08, 2008 at 07:17:06 PM EST
    Clean Energy Fuels Corp. (Clean Energy) is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The Company offers a solution to enable customers to run their fleets on natural gas. It designs, builds, finances and operates fueling stations, and supplies customers with compressed natural gas (CNG) and liquefied natural gas (LNG). The Company also helps them acquire and finance natural gas vehicles, and obtain local, state and federal clean air rebates and incentives. The Company serves fleet vehicle operators in a variety of markets, including public transit, refuse hauling, airports, taxis, seaports, and regional trucking. It generates revenues primarily by selling CNG and LNG, and to an extent by building, operating and maintaining CNG and LNG fueling stations.

    Now what happens if Gasoline becomes cheap again?

    Pelosi might have her reasons... | 2 comments (2 topical, 0 hidden)
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