Pickens Says U.S. Can – and Should – Wash Its Hands of OPEC
In the wake of the deteriorating situation in Iraq, The Wall Street Journal followed T. Boone Pickens to get his take on the implications of renewed sectarian violence and the global price of oil. His response? For America to get on its own resources. “You could knock OPEC out, 75% of it, with heavy-duty trucks” running Continue Reading
Russia Cuts Off Natural Gas Deliveries to Ukraine
On Monday, Gazprom cut off natural-gas supplies to Kiev, “further aggravating already tense relations between Russia and Ukraine.” The announcement flies in the face of the notion that energy supplies and pricing are driven by free market forces. In a statement, the Ukrainian prime minister, Arseniy P. Yatsenyuk, said that Russia’s move was part of Continue Reading
USS George H.W. Bush Ordered to the Persian Gulf
In yet another sign of American dependence on OPEC oil, the USS George H.W. Bush — accompanied by the guided-missile cruiser USS Philippine Sea and the guided-missile destroyer USS Truxtun — was dispatched to the Persian Gulf late Saturday, According to NBC News, Secretary of Defense Hagel ordered the aircraft carrier to “protect” American lives and Continue Reading
The Bad News From Iraq is Getting Worse
Once again, there’s bad news from Iraq. And it’s getting worse. A group of Sunni militants is taking control of cities across Iraq, Kurdish troops are taking control of Kirkuk, and Iran may be providing military assistance to the Shiites. This isn’t a surprise — the only thing that kept Iraq together this long was Continue Reading
Domestic Energy Production Rises to 25-Year High
The Energy Information Administration reports that America’s energy output rose to 84 percent of total U.S. energy demand in 2013, the highest percentage in more than 25 years. The portion of U.S. energy consumption supplied by domestic production has been increasing since 2005, when it was at its historical low point (69%). Since 2005, production of Continue Reading
LNG Station Opening in Indianapolis
There was another great show of private sector leadership today in Indianapolis as T. Boone Pickens helped Citizens Energy Group & Kinetrex open an LNG station. Earlier in the day, Boone met with Indiana Governor Mike Pence to discuss energy issues. “We’ll cut off buying oil from the enemy at some point. It’s going to Continue Reading
Regulators to Force the Metric System on Natural Gas Fuel Customers
Utilization of natural gas as a motor fuel has been steadily increasing since new domestic production of this natural resource began in the mid-2000s. It has provided businesses with a cheaper and cleaner way to operate their vehicle fleets. Additionally, elected policymakers have supported adoption of natural gas motor fuel as a strategy to achieve Continue Reading
How Ukraine-Russia Tensions Could Get the U.S. to Rethink Energy Policy
The following op-ed by T. Boone Pickens ran online at Fortune.com on June 2, 2014. FORTUNE – Once again, energy has vaulted to the top of the agenda in Washington, D.C. Too bad it has nothing to do with Congress or the administration showing any leadership on getting America an energy plan for the first Continue Reading
Albert Einstein's Definition of Insanity
One of the greatest minds in history, Einstein was quoted as saying that the definition of insanity is “doing the same thing over and over again and expecting different results.” So let’s take a look at America’s oil import numbers. They’re completely insane. In April, the U.S. imported 284 million barrels of petroleum. That’s 3 Continue Reading
Oklahoma Is Making Things Happen!
Army – I’ve got some great news. Legislation has moved through both the House and the Senate in Oklahoma that would help counties convert their fleets to compressed natural gas (CNG) and increase CNG infrastructure. I’m proud to endorse these bills by Rep. Josh Cockroft and Sen. Kyle Loveless. While others are debating the merits Continue Reading