SOURCE: The Bedford Report

The Bedford Report

April 01, 2011 08:16 ET

Natural Gas Stocks on the Upswing as Government Support Grows

The Bedford Report Provides Analyst Research on Chesapeake Energy & Clean Energy Fuels

NEW YORK, NY--(Marketwire - April 1, 2011) - Natural Gas support has been on the upswing in recent weeks as safety and health concerns brought to light by the shutdown of the Japanese Fukushima Daiichi nuclear facility has soured public sentiment on nuclear energy. With clean energy still a top priority, Americans have begun heralding shale gas as a cheap and clean transitional fuel to renewable energy. The Bedford Report examines investing opportunities in natural gas and provides research reports on Chesapeake Energy Corporation (NYSE: CHK) and Clean Energy Fuels Corporation (NASDAQ: CLNE). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-CHK

www.bedfordreport.com/2011-04-CLNE

President Obama said earlier this week that he believes natural gas has "enormous" potential as a clean energy alternative to oil and federal incentives to expand the use of natural gas in vehicles are "an area of broad bipartisan agreement."

Support for natural gas was on the upswing long before the tragic events in Japan. Last year, reports from the Energy Department determined that the cost of producing a kilowatt-hour of power with natural gas is less expensive than nuclear, coal, wind and solar.

The Bedford Report releases regular market updates on the natural gas sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Critics of natural gas argue that shale gas drilling is dangerous. Marcellus Shale -- which stretches under Pennsylvania, New York, West Virginia and Ohio -- has become the centre of focus of many oil & gas companies and is seeing a growing number of complaints due to the risks of contamination of water reserves in the area. In fact activist shareholder groups announced they have filed resolutions with nine oil and gas companies that use hydraulic fracturing, or "fracking," to extract gas from shale formations thousands of feet underground. Drilling is booming in Pennsylvania and West Virginia but New York has restricted drilling until environmental questions about the potential threat of the technology can be answered.

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