American Natural Gas Going Overseas?
The Philadelphia Inquirer is reporting that the U.S. shale gas bonanza could lead to lower transportation costs, cheaper electricity, and the revitalization of the country’s manufacturing sector. But as Andrew Maykuth of The Inquirer points out, this abundance has brought other possibilities into play, including shipping this abundant American fuel to markets overseas. Five applications Continue Reading
Boone on Fox Business Channel
T. Boone Pickens appeared on the Fox Business Channel to discuss his plan to utilize natural gas as a step in helping build a national energy plan. Boone said that the Nat Gas Act (H.R. 1380) and an expected Senate bill are a product of working with Washington which is always “slow going.” He said Continue Reading
Governors Push for Natural Gas Vehicles
A bipartisan group of governors stood up for American energy security today when they issued a memo of understanding that directs their states to utilize vehicles that run on domestic natural gas. Continue Reading
October Oil Imports: 333 Million Barrels; $36.4 Billion
In his monthly update on the level of foreign oil imports in the U.S., energy expert T. Boone Pickens said that the U.S. imported 57 percent of its oil, or 333 million barrels in October 2011, sending approximately $36.4 billion, or $816,086.64 per minute, to foreign countries, including OPEC nations that ultimately threaten U.S. national Continue Reading
Can Shale Gas Reignite the U.S. Economy?
That’s the question Businessweek‘s Paul Barrett posed in a lengthy article last week. Barrett notes that a little over a decade ago, the idea of America relying on natural gas as an energy source was seeming more and more like a far-fetched notion. “At the turn of the 21st century, some natural gas basins were Continue Reading
New York Times Touts "Shale Gas Revolution"
Acclaimed columnist David Brooks wrote in today’s New York Times that forces have gathered to thwart the development of America’s shale gas reserves, an opportunity a leading energy executive has labeled “one of the most important energy revolutions of his lifetime.” For those not familiar with shale gas, it is a hard-to-produce form of natural Continue Reading
Tulsa "World" & the Pickens Plan
The Tulsa “World” newspaper has published a brief summary of T. Boone Pickens’ unwavering efforts to have the U.S. Congress enact energy legislation which will foster the use of domestic natural gas as a transportation fuel. The “World” writes, “The Holdenville (OK) native has spent $82 million to promote the Pickens Plan since July 2008, Continue Reading
Boone Pickens Still Pushing His Plan
After listening to T. Boone Pickens, The Oklahoman reports that the legendary energy executive is still pushing his plan to end America's dangerous addiction to imported oil. Continue Reading
Natural Gas Can Put Americans Back to Work
James Mulva, the chairman of ConocoPhillips, recognizes the potential for America's abundant natural gas reserves to create over 1 million new jobs and, in the process, help rebuild our economy. Continue Reading