A bi-partisan effort…to have no energy plan.
It’s been 40 years and we’re importing nearly 60% of our oil. EIA says OPEC revenues will hit $750 billion in 2010, up 32% from 2009. We’re clearly funding both sides of the war. Continue Reading
Boone: U.S. Still Paying for Both Sides of the War
U.S. Spent $28 Billion on Foreign Oil in Month of November Dallas – December 9, 2010– 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 57 percent of its Continue Reading
Pickens Plan Media Coverage 12.7.10
Mustang Lover Roils the Range – Wall Street Journal – 12/7/10 Natural Gas: Cheap and Chic In Climate Talks – Earth2Tech – 12/5/10 As Oil Reaches A Two-Year High, Is $100 Oil Around The Corner? – Penn Energy – 12/3/10 Brent Oil Price Closes Over $91 Mark, $100 Oil For 2011? – Live Oil Prices Continue Reading
Oil Payments Fund Militants Fighting U.S. Soldiers
Best-selling author and three-time Pulitzer Prize winner Thomas Friedman reports that America’s addiction to imported oil continues to line the pockets of international terrorists presently fighting our armed forces in the Middle East. After reviewing recently leaked diplomatic cables, Friedman writes in The New York Times that the U.S. dependence on foreign oil funds a wide array Continue Reading
Fiat to bring NGVs to the U.S.
According to an article on Bloomberg.com, Fiat SpA, the Italian car manufacturer, is planning to natural gas powered cars (NGVs) to the U.S. Market. Fiat, which owns a major share of Chrysler, “is the market leader in Europe in natural-gas engines, with an 80 percent share of methane-powered cars and 55 percent of light commercial Continue Reading
Heard on the Street: Nat Gas a “Boone” for China
In today’s Wall Street Journal, writer Liam Denning begins his “Heard on the Street” column with this question: “Will China adopt the Pickens Plan?” Denning makes the case that China is, in effect, “adopting the Pickens Plan” by moving smartly toward natural gas-powered vehicles (NGVs) because “China sits on vast reserves of shale gas, more Continue Reading
Pickens Plan Media Coverage 11.25.10-11.29.10
Stepping on the Gas – Wall Street Journal – 11/29/10 Fight Brews Over Natural Gas Fuel Stations – Atlanta Journal Constitution – 11/25/10 The World’s Largest Wind Farms – BBC – 11/25/10 Program For Economic Recovery And 2012 Victory – American Thinker – 11/27/10 Foreign Oil Dependency: The Root Cause of America’s Economic Pain – Continue Reading
Wall Street Journal: U.S. Behind in Nat Gas Vehicles
The Wall Street Journal ran a piece by reporter Benoit Faucon on the growth of natural gas vehicles (NGVs) in the world. According to Faucon: “Of the 11.4 million natural-gas vehicles currently in use world-wide, most can be found in the developing world … Pakistan led with way with 2.3 million as of December 2009, Continue Reading
Is Natural Gas the Fuel of the Future?
When The Santa Fe New Mexican took a closer look at natural-gas-fueled vehicles, it probably didn’t realize how much owners such as Barry Bitzer would talk up vehicles such as the Honda GX, which runs on compressed natural gas. Albuquerque’s Barry Bitzer likes the fact that his newly acquired Honda GX needs no gasoline and Continue Reading
Happy Thanksgiving
Boone is working hard through the Thanksgiving holiday. Let’s get natural gas legislation passed in the lame duck session. Continue Reading