Skip to comments.Pickens Plan no longer features wind energy
Posted on 12/14/2010 6:26:42 PM PST by tobyhill
Oil tycoon T. Boone Pickens' TV commercials blasted the airwaves in 2008 with his big idea to get America off foreign oil imports: natural gas and wind energy.
Two years later, lets just make that natural gas.
Since the billionaires plans for the worlds largest wind farm fell apart in the Texas Panhandle, Pickens has edited his much-hyped Pickens Plan to focus primarily on his other big business interest: natural gas.
Touting 1.7 million Pickens Plan supporters, hes now pushing Congress to pass legislation that would offer incentives to convert 18-wheelers and fleet vehicles to run on compressed natural gas, or CNG, rather than diesel. He said if just 8 million of those trucks switch to the domestic-produced fuel, it could cut in half the amount of foreign oil imported by the United States.
(Excerpt) Read more at msnbc.msn.com ...
Ding Dong Bell!
I was duped by Pickens at first. No more...
He also has plans with water.
T Boone sure knows how to shake that gubmint money subsidy tree.
Just yesterday flying from DFW to Midland, Tx. sure was a bunch of tall white fans down thar on the scraggly plains of Texas. Immediately I thought of T Boondoggle Pickens rotational monuments to his grabbings.
Machine Design magazine has run a series of articles questioning if there is ANY net electrical output from wind farms.
Seems that all the folks being trained to work in the new green economy are unable to find jobs.
Pickens was a blow hard [pun intended].....to promote maybe a billion or more for wind schemes that virtually every European country had already abandoned as too expensive, too unreliable and too anti-environment.
I’m sure he came out OK with a bunch of Taxpayer and investor money in his pocket. SOB shyster.
The natural gas idea actually makes a little sense. But if it will make my heating bill go up, I don’t like it.
Maybe natural gas can. I don't know enough about the automotive fuel business, and specifically enough about the engineering problems, to have an opinion. But, the wind portion of his plan seemed fanciful, at best.
Belief in wind energy as the solution to anything is little different than belief in Santa Claus, The Easter Bunny, and the Tooth Fairy.
Always watch the OTHER hand. While Pickens is touting green energy with one hand......and he may well get the gubmint to pony up the money to actually make his CNG plan a reality and make him even richer than he is; he has bought up large acreage in several southwest states which are sitting over humongous underground aquifers. His “other” plan is to get even richer selling water when the time is right..........at a much higher price per unit of measure than CNG costs.
By the way, GHW Bush and GW Bush have bought a large acreage in Paraguay, which ALSO sits over a gi-normous aquifer. They have the same plan as Pickens. Actually I think the Bushes and Pickenses are old oilfield buds, but they apparently feel there is more money to be made in water. I know ONE THING for sure; if you spill some water while in the process of pumping or transporting it, there is not a lot of clean-up required!
As I recall, this scam artist demanded to be given right of way for his windmills, which gave him control of a whole lot of water rights, which he then planned to sell to farmers.
If he is now saying that he has decided not to build the windmills on the right of way, does he have to give back the water rights?
Somehow, I doubt it. He is nothing but a crook.
I always figured the only wind involved was the hot air emanating from t.boone’s posterior.
Windpower sucks (pun intended) but NG rules for one very important reason: The US is completely self sufficient and would not require any foreign (i.e Middle east) imports.
Yo Pickens ... lets try good ol Supply and Demand without Guberment ideas.
What a Maroon
He has plucked the juicy, low hanging fruit and is ready to move on to scam the next batch of suckers with a new get-rich-quick scheme.
Washington,D.C. is all the wind farm you’ll ever need. If they could ever harness all that, it would be good-bye, King Abdullah, take a one-way camel ride into the desert.
Ole T-Bone knows how to con everybody. He’s lookin out for number one.
CNG is a viable idea. Better that than electrocars
From a macro standpoint and looking at the stand-by power that has to be idling just to balance load or make up for loss of wind, it is generally either low or negative.
Putting it on the grid is insanity. Using it where there is reliable wind for some off grid power source would be fine. But mixing an undispatchable and intermittent source like wind with the grid simply drives up costs to no net benefit.
Overall, it makes just as much sense as ethanol. It only exists for the free government money.
Well, at least his plan to get big taxpayer bucks with his natural gas keeps him from trying to steal the water from under the TX Panhandle and pipe it to the Metroplex (Dallas/Ft. Worth), at someone else’s expense, of course.
Whatever happened to the good idea that men in their 80s should get off the national stage and go fishing?
Water is Pickens game. He just got his “property” re-classified as a “town” so he can use eminent domain to capture property to build pipelines to sell his precious water.
Texas has a land rights clause that states if you can access resources through your land it doesn’t matter how far that resource goes.
In Picken’s case it is a natural aquifer that stretches north across several states...he will suck that dry and sell it all...
Pickens is a smart cookie but not a very nice one.
Water is the next oil.
You got to give it to T. Boone. The boy don't ever give up on a good hustle.
GHW Bush and GW Bush have bought a large acreage in Paraguay, which ALSO sits over a gi-normous aquifer.
Not knowing what Paraguay’s Water Rights law is, would be real surprised if it was same as Texas’ “Right of Capture”.
Lot of These South American countries will “let” you own the surface and reserve the minerals and water for the government.
I think Pickens is into water, also...water rights.
Natural gas producing reserves deplete pretty rapidly. Without continued drilling and current (or more advanced) hydrofracking, especially in light of restrictions on drilling, both in place and planned by the Government, and proposed restrictions on hydrofracking, that supply will deplete in short order.
We have to not only drill here, drill now, but we have to keep doing so or we're back to square one--importing.
"The federal government has to subsidize windmill production through production tax credits of about 1.8¢ per kilowatt. Wind Farms also receive an accelerated depreciation. Wind farms are also land intensive. They produce a fraction of the energy of a traditional power plant but they require 100 times the acreage.
From the National Center for Policy Analysis: to produce a 1000 megawatt power plant a wind farm would require 192,000 acres or 300 square miles. A nuclear plant would need about 1700 acres (or 2.65 mi2), and about 3 mi2 for a coal fired power plant. The transmission lines for the wind turbines would be massive, 12,000 miles just for the array."
While we should become independent in Natural Gas with the expansion of Shale Gas Production, we are not there yet.
U.S. Natural Gas Imports by Country
If some politicians have their way, like in New York, Shale Gas will get shut down.
New York governor halts gas "fracking" until July
Saturday December 11, 2010
It’s just a matter of time. Worldwide demand for oil, especially in China and India, will ultimately drive the price of the black stuff back over $100 and force it to happen.
Hey, don’t you dare blow my application for a grant for “perpetual motion research”!
The business model of pumping the grid (with wind or solar)is what makes no sense.
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