CLTH Clean Tech Biofuels Inc (CE)

Wall Street News Alert's "stocks to watch" this morning are: CleanTech Biofuels, Inc. (OTCBB: CLTH), Exxon Mobil Corporation (NYSE: XOM), Frontier Oil Corporation (NYSE: FTO) and CenterPoint Energy, Inc. (NYSE: CNP).

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CleanTech Biofuels, Inc. (OTCBB: CLTH) should have investors watching this stock closely. Yesterday after the markets closed, the company issued a press release announcing that it applauded the adoption of Proposition C, Renewable Portfolio Standards, in Missouri.

This "Missouri Clean Energy Initiative" requires the state's three large investor-owned utilities to get 15 percent of their electricity from renewable sources by 2021. With Missouri's adoption of these new standards, more than half the states in America have adopted Renewable Portfolio Standards.

Passage of this initiative tightens the voluntary standards that the Missouri legislature passed last year, which require companies only to make "good-faith efforts" to reach a goal of 11 percent renewables by 2020.

The overwhelming support for this initiative among the voting public and even the utilities industry proves that the American public and the energy industry are strongly in favor of developing local sources of energy. In Missouri the new law passed with over 66% of the votes cast in favor of adoption. Ameren UE and Empire District Electric Company, two of the largest utilities in the state officially remained neutral on the initiative, while Kansas City Power and Light supported it.

CleanTech is currently implementing its technology for producing renewable biomass from municipal solid waste at a commercial site in Chicago, Illinois and is evaluating a number of additional sites for commercial development.

Investors are urged to continue to monitor the progress of the company!

Before the news was released, the stock closed yesterday at Sixty Seven cents a share.

For Wall Street News Alert's in-depth profile of CleanTech Biofuels, visit http://www.wallstreetnewsalert.com/HotStocks/CLTH110508/default.aspx

In case you are not familiar with the company: CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into ethanol and other energy products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stover.

Exxon Mobil Corporation (NYSE: XOM) down 4.9% on 45 million shares traded. Exxon Mobil Corporation is a leading international energy company whose subsidiaries have operations in most of the world's countries.

Frontier Oil Corporation (NYSE: FTO) down 5.5% on 4 million shares traded. Frontier operates a 120,000 barrel-per-day refinery located in El Dorado, Kansas, and a 52,000 barrel-per-day refinery located in Cheyenne, Wyoming, and markets its refined products principally along the eastern slope of the Rocky Mountains and in other neighboring plains states.

CenterPoint Energy, Inc. (NYSE: CNP) up 3.8% on 5.1 million shares traded. CenterPoint Energy, Inc. is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations.

Market Commentary:

"Gasoline fell again overnight on Tuesday, dipping a couple of cents to a national average of $2.365 for a gallon of regular unleaded, according to auto club AAA, the Oil Price Information Service and Wright Express. The average price has fallen 33 percent in the past month and, according to AAA, could be headed to $2 a gallon nationally by year's end," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For current services performed for CleanTech Biofuels, Inc. (OTCBB: CLTH), WSCF has been compensated Two Hundred Thousand shares, by a third party, Bright Star, who is non-affiliated and may hold a significant position in the stock. WSCF holds One Hundred Thousand of those shares as of this release, and intends to immediately continue selling its shares as this release is being circulated. WSCF was previously compensated Seventy Five Thousand Dollars for coverage of CleanTech Biofuels, Inc. (OTCBB: CLTH), by third party, Five Sigma Limited, who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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