Oil imports skyrocket to new levels
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 61 percent of its oil in April 2011. That represented more than a million barrels a day, 344 million barrels Continue Reading
Obama Talks Up Clean Energy and Natural Gas
In a brief but wide ranging speech that was released Saturday morning, President Obama echoed an important tenet of the Pickens Plan when he presented a long list of domestic energy options that will enable America to end its dangerous dependence on foreign oil once and for all. Speaking at Allison Transmissions in Indianapolis, the Continue Reading
Boone on Bloomberg: Oil Prices are Going Up
T. Boone Pickens said on Bloomberg TV that “oil prices are likely to rise because demand is forecast to exceed supply in the fourth-quarter” of 2011. He also discussed the status of the NAT GAS Act (H.R. 1380) which was endorsed by the “Blue Dog Coalition” – the moderate Democrats in the U.S. House – Continue Reading
Boone on Bloomberg TV at the Milken Conference
Boone Pickens speaks with Willow Bay and Lisa Murphy on Bloomberg Television’s “Fast Forward” at the Milken Conference. He talks about his view that oil prices are likely to rise because demand is forecast to exceed supply in the fourth-quarter. He also says natural gas fracking is “safe.” Continue Reading
Moderate House Dems – Blue Dogs – Back NAT GAS Act
The Blue Dog Caucus, 26 moderate Democrat members of the U.S. House of Representatives have endorsed the NAT GAS Act (H.R. 1380) which is a centerpiece of the Pickens Plan. According to a press release by Rep. Dan Boren (D-Ok), “The legislation, which has broad bipartisan support, would pave the way for consumers to change Continue Reading
T. Boone Pickens Media Appearances
Army, Boone will be making several appearances tomorrow in preparation for his participation in the Milken Conference. Tune in to the shows below to hear what Boone has to say about the NAT GAS Act and how close we are to energy independence! 8:40am PDT – CNBC with Brian Sullivan 10:00am PDT – Bloomberg Television Continue Reading
Boone on New York City Radio
T. Boone Pickens was the guest on WNYC radio’s Brian Lehrer show. In a recap, the WNYC.org website quoted Boone on the introduction of the NAT GAS Act: We got the bill entered on April 6th, and we have 178 co-sponsors. It’s House Bill 1380, and it was entered by Republicans Brady, a Continue Reading
Natural Gas Getting a Closer Look From Fleet Managers
The following article ran in the Lincoln Journal Star on Friday, April 29, 2011. With average gasoline prices nudging $4 again and diesel fuel well past that mark, more motor vehicle fleet managers, businesspeople and everyday drivers are looking at the promise of natural gas. It’s not just T. Boone Pickens crying in the wilderness Continue Reading
Oil Prices Move Up for Eighth Consecutive Month
As month of April comes to a close, the U.S addiction to foreign oil grows more costly as unrest in the Middle East pushes crude prices up for the eighth month in a row. Continue Reading
Boone on CNBC's Squawk Box
T. Boone Pickens was an in-studio guest on CNBC’s influential “Squawk Box” program to discuss the Pickens Plan and our need to switch to domestic natural gas from oil imported from OPEC to power America’s eight million heavy-duty trucks. He said that oil prices will continue to rise because of diminishing supplies and increasing demand Continue Reading