State of Oil and Gas: We're Creating the Jobs
I was asked by the folks at LinkedIn to write an essay about the state of the oil and gas industry. Because of your hard work and dedication, we have successfully put oil and gas in almost every public policy conversation dealing with the economy, the environment, and national security. I invite you to read Continue Reading
Surrey Regional Economic Summit
Last month, I had the opportunity to travel to Canada and discuss our energy policy here in the U.S. The truth is I ended up talking about America’s lack of an energy plan. That’s been the story out of Washington since President Nixon first promised to get us off foreign oil in 1973. Since the Continue Reading
OPEC Oil Trumps America's Veterans in 2013
In 2013, Americans spent more on OPEC oil – $147 billion – than the $140 billion the federal government spent on veterans. Let’s put it another way. The total cost of OPEC oil in 2013 was twice the $72 billion that the federal government spent on education. Despite America’s increased production of domestic oil and Continue Reading
Think We Have Energy Security?
Think again. The U.S. is still twice as dependent on foreign oil than we were at the time of the OPEC Oil Embargo in 1973. And it shows. Here are the numbers. In February, 2014, the U.S. imported almost 50 percent of the oil we consumed: some 255 million barrels. And we paid an average price of Continue Reading
T. Boone Pickens on CNBC and Fox Business
Earlier today, T. Boone Pickens was a guest on CNBC’s Squawk Box. Immediately following, he was Maria Bartiromo’s guest on Fox Business. Following are excerpts from Boone’s interviews and links to videos from the shows. On the Keystone Pipeline “I can’t believe that for six years you’ve had a Christmas present on the front porch. Continue Reading
Oil and Natural Gas as Weapon of War
The following op-ed by T. Boone Pickens appeared originally on Forbes.com With Russia’s invasion of Crimea, the threat is greater than Vladimir Putin’s ambitions, the real danger to the world is that oil and natural gas are once again being used as a weapon of war. This isn’t the first time. When Russia cut off Continue Reading
The country hears you even if CNBC doesn’t
Dear Members of the Pickens Plan Army: We want to thank you. Several weeks ago we told you CNBC was asking America to help them decide which 25 people have had the biggest impact on American business over the past quarter century since CNBC was first launched. CNBC encouraged us to engage our social network Continue Reading
Brand New Year, Same Old Story
Despite the fact that domestic energy numbers are surging and newer vehicles are becoming increasingly efficient, America’s dangerous addiction to foreign oil shows little sign of diminishing in 2014. According to figures released by the Energy Information Administration this week, Americans spent more than $30 billion on imported oil in January. That’s a little less Continue Reading
Energy industry moving back to United States
Congratulations! We live in the only country on Earth whose oil and gas production is increasing along with its reserves. America is enjoying an energy renaissance while the rest of world is suffering a decline in reserves and production and a corresponding increase in prices. This is big news. Cheap, abundant, domestic energy affects everything Continue Reading
Ohio Helping to Chart Nation’s Energy Path
The following op-ed by T. Boone Pickens ran in The Columbus Dispatch on Wednesday, February 5, 2014. Last week, in his State of the Union address, President Barack Obama made a renewed call for further development and utilization of natural gas. Here in Ohio, on the edges of both the Utica and Marcellus shale plays, Continue Reading