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Bullish Case: Commencement of RNG production at new facility suggests scalable growth and environmental credits, possibly fueling stock revaluation and improved sentiment, especially considering growing RNG transport market demand.


Bearish Case: Historical underperformance, price declines over various time horizons, and constant competition in the clean fuel sector contribute to prevailing skepticism and potential for continued downside.


Potential Outcomes:

1. RNG facility success, increased margins, bullish sentiment uptick: 50%;

2. RNG credit approval, moderate stock lift: 20%;

3. Competition pressures, adverse price action: 30%.


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March 30, 2024


Clean Energy Fuels Forecast

CLNE        Clean Energy Fuels
Price Forecast: BEARISH    Price Action: RANDOM (?)










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