Pickens Plan Media Coverage 12.15.09
Exxon Wagers $31 Billion on Gas Deal – Wall Street Journal – 12/15/09 Natural Gas Play: Exxon Mobil Buying XTO Energy For $31B & $10B In Debt – NPR News Blog – 12/14/09 21st Century Filling Station – Austin Business Journal – 12/15/09 Gustavo Coronel: Oil Shales: Still in the Future; Shale Gas: Already in Continue Reading
Fact of the Day – December 14, 2009
America is experiencing a natural gas revolution. Prices are 33 percent lower than they were last year, and the industry is producing significantly more gas, thanks to technology that has uncovered enormous new supplies of natural gas. – Senators Mary Landrieu and Saxby Chambliss Continue Reading
November Oil Imports – No Relief in Sight
T. Boone Pickens has issued his 12th monthly press release shining a spotlight on the amount of oil the United States continues to import. In a press release published Monday, December 14, “based on the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA), the U.S. imported 61% percent of its oil, Continue Reading
Exxon Mobil to Buy XTO Energy for $41B
Energy giant Exxon Mobil will substantially increase its natural gas holdings by acquiring XTO Energy for $41 billion. The all-stock deal, which includes assuming $10 billion in XTO debt, was announced Monday morning. XTO has been a leading player in the development of unconventional natural gas resources, such as shale gas, which have led to Continue Reading
Foreign Companies Snap Up Iraqi Oil Rights; U.S. Shut Out
Foreign oil companies shut out the U.S. during the second round of bidding to develop Iraq's vast oil reserves, which rank third largest worldwide. Continue Reading
Pickens Plan Media Coverage 12.11.09
Developing Finance Talent at Sempra Energy – BusinessFinance – 12/10/09 Pickens To Speak At Texas State Graduation – NewStreamz.com – 12/11/09 Continue Reading
Fact of the Day – December 11, 2009
Natural gas has a high ignition temperature, about 1,200 degrees Fahrenheit, compared with about 600 degrees Fahrenheit for gasoline. It also has a narrow range of flammability, that is, in concentrations in air below about 5 percent and above about 15 percent, natural gas will not burn. The high ignition temperature and limited flammability range Continue Reading
Meet the Army – Cheryl Rowland, Missouri State Leader
Cheryl Rowland, Missouri State Leader -Tell us about yourself I retired from the US Army after 22 years of active duty in April 2002. I am a single mother of two amazing young men, Brian and Shane and passionate about my faith in Christ. I have a Bachelor of Arts in Human Resources and a Continue Reading
More Praise for the Life and Lessons of T. Boone Pickens
Boone's bestselling memoir, The First Billion, is the subject of an extensive review by a Lexington-based columnist. Continue Reading
Fact of the Day – December 10,2009
As winter begins, the price of natural gas is about a third of the level it was 14 months ago. Storage facilities are bursting. Continue Reading