CE Breaks the Buck in Colorado

[Dick]

Clean Energy, aka GREED ENERGY, is currently selling CNG for $.99 per GGE at all of their Colorado locations. The price was as high as $2.89 per GGE last October. As many other have noted, CE has a monopoly in Colorado.

I'm sure it has nothing to do with the market place. CE is just attempting to deceive us all in to believing that they are good guys, unlike evil big oil. Don't be fooled!!

[freedml]

Re: CE Breaks the Buck in Colorado

So, if they raise the price, they are GREEDY. If they LOWER the price, they're GREEDY. Are they GREEDIER when they raise the price or when they lower the price????

[Dick]

Re: CE Breaks the Buck in Colorado

Sorry, this was a tongue-in-cheek post poking a little fun at the member who always rips GREED ENERGY for anything they do.

I truly believe that CE made a prudent business decision based on the collapse of the world energy markets. They are attempting to ride out the storm and stay in business for the long haul. The $.99 per GGE price is less than I could pump it for with a FuelMaker. With taxes included, CE is losing boat loads of money.

[freedml]

Re: CE Breaks the Buck in Colorado

Use a wink or something to let us know it's a joke

[cngaz]

Re: CE Breaks the Buck in Colorado

Last week CE stations in Arizona dropped to $1.049

[Steve]

Re: CE Breaks the Buck in Colorado

What ever their motives are, 99¢ (I miss old type writers with the cent symbol) is a good price point for me to fill up at their stations when ever it is convenient as opposed to fueling up at home.

[Steve]

Re: CE Breaks the Buck in Colorado

Looks like the $0.99 / GGE from the Clean Energy pumps in CO were short lived (one week). Price is up to $1.35.

[cngacrossusa]

Re: CE Breaks the Buck in Colorado

Guess it WAS teaser rate after all by good ole CE/GE !!

If my $3 solar calculator is correct, that 36 cent price increase from $0.99 to $1.35 per gge works out to whopping 35.35 percent PRICE HIKE in less than one week!!! Wow, how can that be when massive amounts of natural gas just keep spewing out of the ground in Colorado in such quantities that 36 inch pipeline was built to ship extra NG to Chicago!!???###%%!!$$&&!!!

Last couple days, national commodity NG price is UNDER $5/Mcf . . . . thus, I rest my case about CE/GE tactics.

Follow-up question: Still only have CE Natural Fuels Card method of filling at majority of public CE sites in entire state of Colorado . . . . right?? And that card is just dummy internal CE card that batches until next day the transactions and then actually charges to A REAL credit card (VISA or MC) that customer has to provide . . . all of which is ON TOP OF the $100 lifetime deposit that customer has to pay CE in order to get a CE Nat Fuels card!!! Further, CE does NOT pay any interest on the lifetime use they get on the $100 deposit . . . right??

[Steve]

Re: CE Breaks the Buck in Colorado

I think that all of your follow up questions were rhetorical but you are correct with all of them. $100 deposit for a Clean Energy card that ends up charging a real credit card.

[jetboatjohnny]

Re: CE Breaks the Buck in Colorado

100$ seems excessive, the company that issues transponders for the tollroads in California charges a 40$ deposit, and the funds go directly to the tolls, when the money runs out they charge another 40 to your card or you can bring them cash. BTW enjoy your low priced fuel while it lasts, it is (CE) 1.50 here and I noticed one CE station already went up to 1.60. Gasoline is pushing the 2 dollar mark here. The cheapest station in CA now is in Anaheim....YEAAYY Trillium (1.30).

[Tax Counsel]

Re: CE Breaks the Buck in Colorado

Hmmm. Has anyone noticed that So. Cal. gasoline prices have gone up to $2.00 / gallon?

Do you know what that means?

So Cal CE stations are up to $1.50 & $1.60 per gge from their low of $1.299! It appears that CE didn't even wait until the end of the month to make the adjustment! CNGprices.com shows that the increases hit around January 8 or 9.

To me it appears that the price differential will remain 50¢ per gge for the foreseeable future.

[tomdotstar]

Re: CE Breaks the Buck in Colorado

Let's be honest. Buying your fuel from CE is like buying your groceries from Whole Foods. It's a boutique market.

And, like Whole Foods, CE is not making money. So, to be clear, those mean greedy CE capitalists are out there are doing the most underhanded evil thing of all--they are subsidizing your fuel.

Personally, I blame the automakers and regulators who have fought cng for decades. Until we get the competitive forces that will come from a decent sized fleet of cng vehicles, I will happy to pay the CE price--especially when it remains significantly under gasoline.

[Steve]

Re: CE Breaks the Buck in Colorado

That doesn't make sense. Clean Energy, a publicly traded company, is in the energy business to not make money? If it were a private company and had non-profit status, then I would believe you. But it is a public company with people owning Clean Energy shares. They (stock holders and Clean Energy employees) want to make money.

[cngmike]

Re: CE Breaks the Buck in Colorado

Back during the energy crises CE did this same thing. Long Beach lost a lot of customers. The owner of Super Shuttle pulled all Long Beach cards and gave instructions that SS would not use LB. Fast forward a few years most So Cal stations now take credit cards Where do you think the Shuttle drivers where filling. Fast forward a few more years, CE take over LB stations and their through put is in the toilet. In this industries its all about price. Most drivers will pick a less than stellar fill at a low price than a premium fill at the highest price. I had this very converstion with Jim Hargner about Anahime and Garden Grove. That is why CE is installing another station on Harbor & Ball.

[tomdotstar]

Re: CE Breaks the Buck in Colorado

Yes, CE is a publicly traded company that is in business to make money. They are not a charitable "do gooder" entity.

CE is in the business to make money in the long run. Right now they are losing money. They have a plan to become profitable. But look at their financials. They are burning through cash and could go broke.

I hope they turn the corner in the future. And that's what building a business is all about.

For me, I want to see more cng cars and more demand for public stations. That way Trillium, CE, and maybe even PGE can compete to get my business.