Obama's Energy Strategy Related Stock - Ecotality

President Obama's energy policy speech on Wednesday provides direction for where investors should put their money in for the years to come.  In the speech at Georgetown University, the president said US should cut oil import by one-third over the next decade to reduce the impact to the economy by event like the turmoil recently in the Middle East and North Africa.  To achieve the goal, President Obama suggested more investment in electric cars, natural gas run trucks, and biofuels refineries.  


To the investors this speech points to many stocks that may benefit, one of such stock is ECOtality (ECTY) which builds charging station for electric cars.  Many major car makers have already roll out either full electric or hybrid electric cars.  In order to support mass roll out of electric cars to align with the president's policy, there needs to be sufficient infrastructure available.  Just like gas stations to the cars today, charging stations are crucial for electric cars.  Trading at $3.2 per share, ECOtality stock is still near the low for the year and has great potential upside.