Im reading about the billions being spent in China on infrastracture and wondering how many new buses will be plying their new tarmacs.Here in little Brisbane we finished the road and the council bought 6 new buses.I guess new roads mean new routes ,more stops and hopefully more gas buses.OREO yes peak oil is only just starting.But the real damage is the huge oil driven trade deficit importing this stuff causes.The whole environment and economy would be better of if we used our own domestic supply of gas.The inflationary effect and personal taxation on all business from spikes in oil probably contrbuted to the recessionary contraction in spending not just in the 70's oil shock but last year also.ACE is part of the answer so lets hope it gets a couple of good orders soon.They deserve it after all the work put in over the last couple of years.
ACE Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
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