New Data, More Natural Gas
A new report released by J.P. Morgan has set the global energy planners scurrying to re-do their spreadsheets. In an essay posted at HuffingtonPost.com T. Boone Pickens points out that the J.P. Morgan report says North America doesn’t have 2,000 trillion cubic feet of natural gas in place. It has 8,000 trillion cubic feet. That’s Continue Reading
China, US Competing for Saudi Oil
As world oil prices creep back up above $80 per barrel – as Boone predicted they would do – now comes evidence that we are competing with China for Saudi oil. An article published over the weekend in The Financial Times shows that Saudi exports to the U.S. have dropped below one million barrels per Continue Reading
Snowmageddon can’t stop us!
Army, Washington, DC might have been hit with a record snowstorm last week but it’s not stopping us! We’ve had some great accomplishments I want to tell you about. More people are taking notice of our need to get off foreign oil and onto our own resources. Last week the Western Governors’ Association (WGA)—a non-partisan Continue Reading
Pickens Plan Media Coverage 2.19.10
A Game Changer – Huffington Post – 2/18/10 The Only Way to Play Energy Now – Motley Fool – 2/19/10 What is the “Pull” for New Technology? – Digital Energy Journal – 2/18/10 Canadian Investors May Soon Be Able To Bet On Paulson & Co. – Dow Jones – 2/17/10 You Have to Watch what Continue Reading
Natural Gas should replace Coal for Power – Steven Pearlstein
An essay by economic columnist Steven Pearlstein in the Washington Post is headlined “Natural Gas could help Cut Emissions.” Pearlstein’s plan is to “decommission two-thirds of the electric-generating capacity fueled by cheap and plentiful coal and replace it with power generated by cheap and plentiful natural gas.” He points out that natural gas “emits half Continue Reading
Japanese Company to Invest Billions in U.S. Natural Gas
The Wall Street Journal reports that Tokyo-based Mitsui & Co. will make a $1.4 billion investment to develop natural gas reserves in Pennsylvania’s Marcellus Shale. As the Journal notes, “shales are widely credited with creating a gas-production boom in the U.S., where shales have become a hotbed of drilling activity.” Mitsui controls a joint venture Continue Reading
Western Governors Urge Congress to Pass Natural Gas Legislation
Members of the Pickens Plan Army have a powerful new ally in the fight to establish America's energy security. The Western Governors' Association is urging Speaker Pelosi and Majority Leader Reid to pass legislation that would help develop America's abundant natural gas reserves. Continue Reading
Pickens Plan Media Coverage 2.13.10-2.16.10
Boone Pickens’ Recipe for Energy Independence is a Winner – Atlanta Journal Constitution – 2/15/10 T. Boone Pickens Now a Big Obama Supporter — At Least on Energy – USA Today – 2/15/10 T. Boone Pickens Speaks In Orange Co. – WESH – 2/15/10 T. Boone Pickens to Meet with Media Today at the NADA Continue Reading
Fmr Congressman Bob Barr on the Pickens Plan
Former Georgia Congressman Bob Barr has published an op-ed in the Atlanta Journal-Constitution titled, “Boone Pickens’ recipe for Energy Independence is a Winner.” He writes about our importing seventy percent of the oil we need and the amount of money we send overseas to pay for it. Overdependence on imported oil tethers America to unstable Continue Reading
Pickens Plan Media Coverage 2.12.10
T. Boone Pickens Pushes for Natural Gas – KGO – 2/11/10 Billionaire Books – Forbes – 2/12/10 Natural Gas Transportation – Why Not? – Seeking Alpha – 2/12/10 Continue Reading