Businessweek Hosts Energy Roundtable
Bloomberg Businessweek Chairman Norman Pearlstine hosted a roundtable that featured some of the country’s best minds discussing ways to tackle America’s energy woes. Those participating included BP Capital Management’s T. Boone Pickens; Bob Shapard, chairman and chief executive officer of Oncor Electric Delivery and chairman of GridWise Alliance; Carol Browner, former director of the White Continue Reading
Boone's July Report to the Pickens Plan Army
On August 3, the NAT GAS Act will be part of a hearing before Congress – stay tuned, we’re going to need to take action again soon. Continue Reading
America Needs to End "Heroin-Like" Addiction to Foreign Oil
Speaking at a Republicans for Environmental Protection event in Washington on Thursday, former Utah Governor Jon Huntsman talked of the need for energy independence to be the major focus of a national energy policy and said that America needs to end its ‘heroin-like addiction’ to foreign oil. “We have a huge opportunity in the years Continue Reading
Rice U. Study Challenges Naysayers
A recently released Rice University study dispels the myth that America’s shale gas reserves are nowhere near as substantial as assessments by the Energy Information Administration and the U.S.G.S., among others. “The idea that shale gas is a flash-in-the-pan is simply incorrect,” said Kenneth Medlock III, the James A. Baker III and Susan G. Baker Continue Reading
Natural Gas A "Bargain" Compared to Crude
For almost 30 years, the prices of crude oil and natural gas have moved in tandem, a spike in one sending the price of the other energy up or vice versa. Today, however, thanks in part to the discovery of enormous reserves of shale gas in North America as well as a global spike in Continue Reading
Pennsylvania Poised to Become Energy Giant
A recently released Penn State study indicates that within the next decade the Keystone State could supply 25 percent of the nation’s natural gas. “Our estimates suggest that in 2020 the Marcellus industry in Pennsylvania could be creating more than $20 billion in value added, generating $2 billion in state and local tax revenues, and Continue Reading
U.S. Spent $39 Billion on Foreign Oil in June
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 Federal Reserve Economic Database, the U.S. imported 60 percent of its oil, or 343 million barrels in June 2011, sending approximately $39.0 billion, or $902,877.43 per minute, Continue Reading
Big Think with T. Boone Pickens
T. Boone Pickens recently shared his roadmap to an energy-independent and more sustainable American future with Big Think. Continue Reading
Energy Chief Testifies Before Congress
The acting administrator at the government's Energy Information Administration told a Senate committee that natural gas production in the U.S. has surged to levels not seen since the 1970s and that the price today is roughly the same as it was 10 years ago after inflation is factored in. Continue Reading
Rep. Sullivan in support of NAT GAS Act
U.S. Rep. John Sullivan (R-OK) is the sponsor of the NAT GAS Act (H.R. 1380). In support his bill, Rep. Sullivan published an op-ed in the Roll Call newspapers – the newspaper which focuses on Capitol Hill. In his essay, titled “Using Natural Gas to Settle the Score With OPEC” Sullivan writes H.R. 1380 is Continue Reading