SOURCE: IO News Wire

IO News Wire

December 16, 2009 07:30 ET

(PINKSHEETS: HYBE) in a Position to Benefit From "The Pickens Plan"

Note to Editor, the following is an investment opinion issued by the IO News Wire

NEW YORK, NY--(Marketwire - December 16, 2009) - Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced yesterday that due to increasing demands for natural gas, it has planned several acquisitions in the clean energy sector.

Earlier this year, the "Nat Gas Act," or "The Pickens Plan," was introduced to the US House of Representatives and Senate to help place incentives on the use of natural gas over higher polluting gasoline and diesel use. Many of the incentives are geared towards giving tax credits to companies that further develop the use of natural gas vehicles and technologies to expand refueling capacity of vehicles.

Assuming that these regulations and incentives pass, it would leave Hybrid Energy Holdings in a position to benefit from its announced acquisition of profitable natural gas production fields with significant untapped reserves. Hybrid Energy should be in an ideal position to capitalize on the significant increase in both gas demand and price in the coming months.

Other active stocks are ERHC Energy (OTCBB: ERHE), Pioneer Natural Resources (NYSE: PXD) and KAT Exploration (PINKSHEETS: KATX).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact Information