President Obama Energy Plan Incorporates Key Elements of The Pickens Plan
President Barack Obama today unveiled a series of energy initiatives that closely track those proposed by legendary energy executive T. Boone Pickens, who applauded the President’s energy package. The energy initiatives outlined by the President include incentives to move America’s heavy duty and fleet vehicles to domestic natural gas as a transportation fuel away from Continue Reading
Nat Gas Act co-Authors Praise President Obama
As evidence of the bipartisan support for using domestic natural gas as a principal transportation fuel for heavy trucks and other fleet vehicles, Senators Richard Menendez (D-NJ) and Richard Burr (R-NC) jointly issued a statement supporting President Obama’s call for more investment in natural gas vehicles. Menendez and Burr are co-authors of the NAT GAS Continue Reading
Today President Obama will outline an energy plan for America
I have some exciting news to share. Today, at an appearance in Las Vegas, President Obama will outline an energy plan for America. This is significant, because it incorporates many aspects of the Pickens Plan, which we unveiled three-and-a-half years ago. The plan, designed to address foreign oil dependence and “the greatest transfer of wealth Continue Reading
We've got to go beyond just talking about natural gas
Boone shares his thoughts after President Obama’s State of the Union address. Continue Reading
T. Boone Pickens Statement on President Obama’s State of the Union Address
In his remarks in the State of the Union address, President Barack Obama again called for a national focus on developing a long-term energy plan for America. I agree we should use every available American resource. I applaud President Obama for highlighting natural gas and for calling on Congress to better promote its use. The Continue Reading
Obama Urges America to Get a Plan
Speaking before Congress Tuesday night, President Barack Obama urged America to develop an "all-out, all-of-the-above strategy that develops every available source of American energy." Continue Reading
We Don't Need More Foreign Oil and Gas
This op-ed by John Podesta and Tom Steyer appeared in the Wall Street Journal 1/24/2012 In the hubbub around the president’s decision not to approve the proposed Keystone XL pipeline between Canada and the United States, Americans missed the big picture. While conservatives have been fighting to build a pipeline to import more foreign oil Continue Reading
It’s time to move from vague generalities to specifics
In 2011, the U.S. imported 4.1 billion barrels of petroleum accounting for 60% of the U.S. supply. The total cost of those imports was $453.6 billion. That represents an increase in cost of 34.6% over 2010 and a whopping increase of 71.8% over 2009. In the election cycle of 2008, virtually every candidate for every Continue Reading
Natural Gas World's Fastest Growing Fossil Fuel
Industry experts are predicting that over the next two decades natural gas will be the fastest growing fossil fuel globally. According to a report released by BP, use of natural gas will grow at an average annual rate of 2.1% through 2030. The report also indicated that current global natural gas reserves are enough to Continue Reading
U.S. Spent Nearly Half-Trillion Dollars on Foreign Oil in 2011
In his monthly update on the level of foreign oil imports in the U.S., energy expert T. Boone Pickens said that based on the latest figures from the Energy Information Administration, the U.S. imported 60 percent of its oil, or 345 million barrels in December 2011, sending approximately $37.2 billion, or $833,058.54 per minute, to Continue Reading