Natural Gas to Help Forests?
Believe it or not, that’s exactly what the co-head of a U.N. sustainable energy program told the press at Rio+20 on Monday. According to Kandeh Yumkella, the cleanest burning fossil fuel will go a long way toward offsetting a myriad of problems associated with clear-cutting forests as well as the use of wood to heat Continue Reading
Oil Imports Continue High in May
America’s dependence on OPEC oil continued in May even as the global price of oil fell. According to the Energy Information Agency of the U.S. Department of Energy, the U.S. imported 335 million barrels of oil which accounted for 58 percent of the oil we used. At an average cost of $110.34 per barrel we Continue Reading
Natural Gas – America’s New Transportation Fuel
Today's Wall Street Journal singles out a rare opportunity for America to clean up the environment while ending our addiction to foreign oil by switching to natural gas as a transportation fuel. Continue Reading
Boone on CNBC
T. Boone Pickens appeared on CNBC recently to talk about world oil prices and the future of domestic natural gas. Watch the entire interview HERE. — The Pickens Team Continue Reading
Baton Rouge Chooses Natural Gas
East Baton Rouge Department of Public Works Director William Daniel announced that compressed natural gas has won out over diesel or gasoline as the agency’s transportation fuel of choice. As Daniel accurately noted, natural gas is a less expensive alternative to both, and its emissions are markedly lower. “We can save money (on fuel costs) Continue Reading
Obama Administration to Curb Natural Gas Exports
Administration sources are telling The Wall Street Journal that the U.S. has no immediate plans of exporting surplus supplies of domestic natural gas. The Obama administration is telling Japan and other allied countries they will have to wait before moving forward on plans to buy American natural gas, people involved in the talks said. At Continue Reading
Boone on CNBC's Fast Money: Politicians Squandering America’s Energy Future
According to T. Boone Pickens, the only thing standing between America and energy independence is political squabbling in Washington. Click here to watch his recent CNBC interview. Continue Reading
Natural Gas Continues to Gain in Popularity
America’s abundant supplies of natural gas are already changing the country’s energy outlook. Auto manufacturers are now producing vehicles that run on natural gas. Utility companies are switching power plants from coal to natural gas. And energy companies are placing big bets on the cleaner burning domestic fuel. ExxonMobil CEO Rex Tillerson predicts that natural Continue Reading
Who Sets the Price at the Pump? OPEC!
Think the price of a gallon of gasoline is determined by free market forces? Think again. You’re way off. Just ask President Reagan’s National Security Adviser Robert “Bud” McFarlane. Writing in the Washington Times this week, McFarlane made a point of singling out our ludicrous dependence on foreign oil: Yet this year, we will send Continue Reading
China Goes On a Global Energy Grab
The Chinese government continues to implement its effective energy policy by snapping up energy resources of every type around the world. Unlike America, China recognizes that relying on foreign sources of energy is a dangerous strategy. At present, the Asian giant uses approximately 10 million barrels of oil a day (or roughly half the consumption Continue Reading