Aware that the company’s share price was treading near single-digit territory and on the hook for some admittedly poor business decisions, Chesapeake Energy Corp. CEO Aubrey McClendon came out swinging last week, telling energy analysts and investors that the company has “plenty of liquidity” and will weather the economic storm by neutralizing capital expenditures (capex) over the next two years. Even with flat spending, the Oklahoma City-based natural gas driller still expects to achieve 5-10% production growth in 2009 and 10-15% gains in 2010.
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Natural Gas-Powered Honda + Home Refueler Hits CA Market
Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).
Natural Gas-Powered Honda + Home Refueler Hits CA Market
Admittedly on a limited basis at the beginning, American Honda Motor Co., Inc., offered Californian’s a chance at a version of “energy independence,” sending out its first retail version of the natural gas-powered Civic GX sedan, combined with a new home-refueling appliance the car maker is calling “Phill” (as in “phill-er up”).