Keyword: pickensplan

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  • 40 Years in the Energy Desert

    01/16/2014 8:50:52 AM PST · by thackney · 8 replies
    Real Clear Politics ^ | January 16, 2014 | T. Boone Pickens
    When we were children we learned, from Exodus, about the Children of Israel wandering in the desert for 40 years. When we were children, 40 years seemed like, well, a lifetime. I’m 85 and 40 years still seems like a lifetime. But it has been over 40 years since President Richard Nixon addressed the nation on the need for a national energy policy. That was on Nov. 7, 1973, during the Arab oil embargo precipitated by war in the Mideast. “By the end of this month, more than 2 million barrels a day of oil we expected to import into...
  • What I Learned About Natural Gas from Boone Pickens

    04/12/2011 2:53:21 PM PDT · by ransomnote · 28 replies ^ | Arpil 11, 2011 | Rich Karlgaard
    Last week I interviewed the Texas energy baron T. Boone Pickens four consecutive nights in front of a live audience. Pickens would talk for 40 minutes and then I would interview him for 50 minutes. (Full disclosure: I was paid a fee to do this, not from Pickens but from the event’s owner.) The Pickens presentations had an interesting underlying tension: Texas billionaire, oilman and Republican trying to convince earnest San Francisco Bay Area liberals about the virtues of natural gas. How did Pickens do in front of liberal, vaguely hostile audiences? Surprisingly well. He made his case with numbers....
  • Pickens Plan no longer features wind energy

    12/14/2010 6:26:42 PM PST · by tobyhill · 32 replies
    msnbc ^ | 12/14/2010 | By Jennifer Alsever
    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, let’s just make that natural gas. Since the billionaire’s plans for the world’s 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, he’s now pushing Congress to pass legislation that would offer incentives to convert 18-wheelers and fleet vehicles to run on compressed natural gas,...
  • Pickens slim for wind power

    07/17/2009 4:58:23 PM PDT · by Graybeard58 · 49 replies · 991+ views
    Waterbury Republican-American ^ | July 17, 2009 | Editorial
    For 30 years, government has helped fuel wind-power research, development and deployment. The industry would not exist today without the continued generous support from (coerced) taxpayers and ratepayers because 30 years out, wind technology still isn't close to overcoming its main obstacles: it's intermittent and therefore unreliable; it's economically uncompetitive even with the largess; no sensible person wants it in his backyard. A year ago, with oil supposedly headed beyond $200 a barrel, it appeared wind power's time was at hand. And everywhere, oilman and former free-marketer T. Boone Pickens was promising energy independence through spinning turbine blades under the...
  • Pickens' project failure demonstrates futility of rushing "green energy"

    07/14/2009 6:08:39 AM PDT · by James H. Shott · 18 replies · 970+ views
    Annuit Coeptis ^ | July 14, 2009 | James H. Shott
    The CBS News headline proclaimed “Pickens Plan for Huge Wind Farm Blows Away,” as Texas oilman and billionaire financier T. Boone Pickens latest venture to build a huge wind farm to demonstrate the viability of alternative energy has instead become a demonstration of why such ideas are not viable. His plan was unveiled last year in the face of highest-ever oil and natural gas prices, when oil prices peaked at more than $145 a barrel and wholesale natural gas reached $47.61 per cubic meter, making his plan for a 4,000 megawatt wind power project in Pampa, Texas look very appealing....

    02/23/2009 7:13:09 PM PST · by sinanju · 14 replies · 803+ views
    CNN Larry King | February 23, 2008 | sinanju
    Just finished watching Larry King with T. Boone Pickens and his new dear, dear friend John Podesta. Been seeing his ads popping up again this evening as well. He told Larry he had an hour long interview with The One this afternoon and he said he was encouraged. With the Clinton consiglieries in his pocket I'd say it was a done deal already.
  • Bailing Out Wind

    12/16/2008 6:23:23 PM PST · by Kaslin · 12 replies · 787+ views
    IBD Editorials ^ | December 16, 2008
    Energy Policy: Obama announces his energy team without mentioning a green source of renewable energy that could create jobs, reduce carbon emissions and reinvigorate a vital manufacturing sector — nuclear power.The domestic auto industry isn't the only uncompetitive industry that seems to require life-sustaining transfusions of government cash to stay in business. Alternative energy sources have relied on such subsidies, called "investments," for years. Yet in President-elect Obama's announcement of his energy team, we were told "the foundations of our energy independence" lie in "the power of wind and solar." Except that for these alternative sources there's been a severe...
  • CA: Billionaires put their agendas to a vote (Props. 5&10 backers - George Soros & T. Boone Pickens)

    11/01/2008 1:49:36 PM PDT · by NormsRevenge · 6 replies · 418+ views
    LA Times ^ | 11/1/08 | Evan Halper
    Reporting from Sacramento -- California's ballot is often crowded with measures known as citizen initiatives. But many of the citizens whose causes will come before voters Tuesday are not everyday Californians. International financier George Soros wants to change drug laws. Computer technology titan Henry T. Nicholas III -- who has been indicted on federal fraud and drug charges -- is pushing two measures seeking tougher penalties for criminals and expanded rights for victims. Oilman turned alternative-fuels investor T. Boone Pickens is pushing subsidies for cars that run on substances other than oil. And Peter Sperling, one of the founders of...
  • T. Boone Pickens, Scam Artist, Given Eminent Domain Authority in Texas

    09/05/2008 9:02:21 AM PDT · by smith288 · 25 replies · 689+ views ^ | Aug 2 2008 | Cary Wesberry
    T. Boone Pickens, Scam Artist, Given Eminent Domain Authority in Texas!By Cary Wesberry • August 2, 2008 All-around jerk T. Boone Pickens has managed to swindle Texas into giving him eminent domain powers.  The State Legislature changed State Law allowing two residents in Roberts County to vote and create a municipal water district, thereby giving them the power to confiscate private property.  The two voters were Pickens’ wife and manager of his ranch.   Regardless of T. Boone Pickens, those responsible for this abomination in my State Legislature need to be held responsible for their probable criminal activity in working behind the backs of the People...
  • Wind Energy Bumps Into Power Grid’s Limits

    08/27/2008 6:41:23 AM PDT · by reaganaut1 · 26 replies · 600+ views
    New York Times ^ | August 26, 2008 | Matthew L. Wald
    Expansive dreams about renewable energy, like Al Gore’s hope of replacing all fossil fuels in a decade, are bumping up against the reality of a power grid that cannot handle the new demands. The dirty secret of clean energy is that while generating it is getting easier, moving it to market is not. The grid today, according to experts, is a system conceived 100 years ago to let utilities prop each other up, reducing blackouts and sharing power in small regions. It resembles a network of streets, avenues and country roads. “We need an interstate transmission superhighway system,” said Suedeen...
  • T. Boone Pickens wants your water

    08/25/2008 7:56:07 AM PDT · by ZGuy · 49 replies · 565+ views
    DC Examiner ^ | 8/21/08 | Timothy P. Carney
    Texas oil billionaire T. Boone Pickens is about to make a killing by selling water he doesn’t own. As he does it, it will be praised as a planet-friendly wind project. The basic story amounts to this: Pickens, thanks to favors from state lawmakers whose campaigns he funded, has created a new government whose only voters are two of his employers; this has empowered Pickens to more cheaply pump water from an aquifer and, by use of eminent domain, seize land across 11 counties in order to pipe the water to Dallas. To win environmentalist approval of this hardly “sustainable”...
  • Pickens' energy plans clouded by federal decision

    08/23/2008 3:34:58 PM PDT · by lowbridge · 9 replies · 176+ views ^ | August 23, 2008 | Elliott Blackburn
    Federal authorities may unravel a tiny Panhandle government with far-reaching powers. The U.S. Department of Justice blocked changes to Texas law that last fall helped create the board of the Roberts County Fresh Water Supply District, a body dominated by employees of Texas billionaire T. Boone Pickens. Losing the district's authority could complicate Pickens' most visible means so far of running pipeline and power line infrastructure across the state. Jay Rosser, spokesman for Pickens' Mesa Water, said the decision as Mesa officials understood it did little to change the board or plans to move massive water and wind energy resources...
  • Pickens Gives New Meaning to 'Self-Government'

    08/23/2008 1:07:17 PM PDT · by wolfcreek · 29 replies · 311+ views ^ | July 31, 2008 | Steven Milloy
    The more you learn about T. Boone Pickens’ plan to switch America to wind power, the more you realize that he seems willing to say and do just about anything to make another billion or two.
  • Wind turbines found to cause sickness

    08/23/2008 2:11:09 AM PDT · by Halfmanhalfamazing · 16 replies · 439+ views
    K V U E ^ | July 29th | Janet St James
    SAGINAW - T-Boone Pickens says they're the wave of the future. But a wind turbine meant to save one Saginaw family on electricity has instead sparked a huge headache for their neighbors. "It makes a terrible air raid noise," says Debbie Behrens, about the high-pitched whine made by the turbine. "It's driving me crazy." What's worse, is that Debbie and her son Lance both say that high-pitched hum is now causing them problems, physically. "You occasionally have the dizziness," explains Lance, "The ringing in the ears, I've never experienced the ringing in the ears." It turns out, there is a...
  • “Green Energy” Corruption, the Elephant in the Room.

    08/19/2008 6:51:11 PM PDT · by moneyrunner · 10 replies · 141+ views
    The Virginian ^ | 8/19/2008 | Moneyrunner
    As the members of the MSM continue to beat the drums for “renewable” energy, and T. Boone Pickens promises pie-in-the-sky free energy from windmills the corruption surrounding Green Energy is beginning to be revealed. Literally hundreds of billions of dollars are involved and House Speaker Nancy Pelosi is only the latest to be found with her hand in the cookie jar. Here’s the unvarnished truth: the world has been getting most of its energy from fossil fuels for over a century. During the 20th century we began to see the use of nuclear energy. In the US that path to...
  • Wind Farms Impacting Weather (Cause global warming and/or desert land?)

    08/19/2008 7:46:10 AM PDT · by Magnatron · 28 replies · 135+ views
    Science Daily ^ | 10/1/2005 | Institute of Electrical and Electronics Engineers, Inc., and the American Society of Civil Engineers
    Wind farms may have an impact on local weather patterns. As environmental engineers have discovered, wind farm propellers create a lot of turbulence in their wake, mixing air up and down with effects that can be detected for miles... ...a large windmill array could influence the local climate, raising temperatures by about 2 degrees Celsius (about 4 Fahrenheit) for several hours. The rotating blades could also redirect high-speed winds down to the Earth's surface, boosting evaporation of soil moisture... ...At best, wind farms produce electricity at an efficiency rate of 30 percent, compared to a 70 percent efficiency rate from...
  • Pelosi and Pickens, investment partners

    08/18/2008 10:37:17 AM PDT · by pabianice · 32 replies · 162+ views
    It is difficult to imagine a more unlikely pair of investors than House Speaker Nancy Pelosi and Texas oilman T. Boone Pickens. Pelosi, the San Francisco Democrat, is among the most liberal and pro-environmentalist politicians in Congress, while Pickens has long been associated with Republicans, hedge funds and the energy industry. Yet in May 2007, Pelosi invested between $100,001 and $250,000 to purchase public common stock in Pickens’ Clean Energy Fuels Corporation (CLNE). Pelosi's CLNE investment was first highlighted by Eric Odom on the #don'tgo blog. CLNE is a cog in Pickens’$6 billion plan to build a massive wind farm...
  • Wind Jammers

    08/18/2008 9:34:52 AM PDT · by djsherin · 17 replies · 225+ views
    Wall Street Journal ^ | August 18, 2008
    In this year's great energy debate, Democrats describe a future when the U.S. finally embraces the anything-but-carbon avant-garde. It turns out, however, that when wind and solar power do start to come on line, they face a familiar obstacle: environmentalists and many Democrats. To wit, the greens are blocking the very transmission network needed for renewable electricity to move throughout the economy. The best sites for wind and solar energy happen to be in the sticks -- in the desert Southwest where sunlight is most intense for longest, or the plains where the wind blows most often. To exploit this...
  • Obama meets oilman who funded '04 [swift boat] attacks on Kerry

    08/18/2008 8:19:38 AM PDT · by Hadean · 23 replies · 203+ views
    Reuters ^ | 8-17-2008 | Jeff Mason
    RENO, Nevada (Reuters) - White House hopeful Barack Obama talked energy policy on Sunday with T. Boone Pickens, a billionaire oil investor who funded the "Swift Boat" attacks on Democratic presidential nominee John Kerry in 2004. Pickens, a lifelong Republican, has endorsed neither his party's candidate, Arizona Sen. John McCain, nor Democrat Obama in the November 4 election and wants to make energy a top campaign issue. He has advocated a plan to cut U.S. oil use by converting cars to run on natural gas. Pickens funded efforts in 2004 by a group called Swift Boat Veterans for Truth, which...
  • The Pickens Profile You Haven’t Read

    08/13/2008 8:10:07 AM PDT · by shove_it · 13 replies · 271+ views
    Newsweek ^ | 8/9/2008 | Karen Breslau
    T. Boone has re-invented himself as a green wildcatter. Can he finish what Al Gore started? T. Boone Pickens can't read his lines. Squinting at his teleprompter, he is posing in front of a mile-long ribbon of wind turbines, churning against an endless Texas sky. Pickens is in Sweetwater, a town of 12,000 that bills itself as the nation's wind-energy capital, to shoot a commercial urging Americans to put themselves on a new energy diet: cutting out imported oil—which costs $700 billion a year—in favor of domestically produced sources such as wind and natural gas. "Our dependence on foreign oil...
  • McCain meets with Big Windy

    08/15/2008 4:57:24 PM PDT · by the anti-liberal · 5 replies · 66+ views ^ | August 15, 2008 | Michelle Malkin
    By Michelle Malkin  •  August 15, 2008 02:39 PM John McCain met with T. Boone Pickens yesterday to hear the Big Wind sales pitch. Hey, why should Nancy Pelosi have all the Boone-doggly fun? Hmmmmm: T. Boone Pickens was waiting for John McCain in a small conference room at the Aspen Meadows Resort, where the two, according to Pickens, were going to be “talking about the Pickens plan.” “We’re going to have a good visit,” he added. Pickens, a famous oilman and one of America’s richest men, is now pushing a plan to drop the United States’ dependence on foreign oil...
  • T. Boone Pickens Statement on Meeting with U.S. Senator John McCain (R-AZ) in Aspen, Colorado

    08/15/2008 5:31:45 PM PDT · by DallasBiff · 21 replies · 152+ views
    Marketwatch ^ | 8/15/08 | T. Boone Pickens
    DALLAS, Aug 15, 2008 (BUSINESS WIRE) -- Below is a statement issued by T. Boone Pickens following his meeting this morning with U.S. Senator John McCain (R-AZ) in Aspen, Colorado: "It was a pleasure to sit down with Senator McCain and discuss firsthand an issue that is America's top priority: ending our dependence on foreign oil, which today is approaching 70 percent. We plan on having a similar meeting with Senator Obama in the very near future. I have repeatedly stressed the nonpartisan aspects of my initiative. This is a threat to our economic and national security and something that...
  • Pickens says oil won't go below $100

    08/14/2008 11:24:29 AM PDT · by Ben Mugged · 51 replies · 356+ views
    Reuters ^ | Aug 14, 2008 | Timothy Gardner
    Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily on oil imports. "I don't think it'll drop below $100," Pickens told Reuters in a telephone interview. "I would say $110 is where it might go, something like that." ~snip~ Pickens' hedge fund BP Capital, which manages about $7 billion in assets, sank about 35 percent in July, according to a report this week in the New York Post. Pickens declined to comment in...
  • Drill Here, Drill Now- (Live Thread, Day X)

    08/14/2008 6:33:52 AM PDT · by eeevil conservative · 167 replies · 403+ views
    8/14/08 | Sherri Reese
    Be sure to READ THIS!!New FTC Rule Could Apply To PelosiBEHOLD the Power of the People, and the Power of  Nancy: "most open, most honest, and most ethical Congress in history"Nancy: "and Democrats promise to work together in a bi-partisan way for all Americans."What is the truth about Nancy?"Madam Speaker has a substantial amount of money invested in Clean Energy Fuels Corporation." dontgo"T Boone Pickens runs CLNE, this is the company Nancy has invested in, and apparently, the push is Natural Gas, which is the focus of the $5 billion in Ca. tax money and $5 billion in fed money...
  • Pelosi, Pickens and the Corruption of Green Energy

    08/13/2008 5:08:53 AM PDT · by moneyrunner · 24 replies · 387+ views
    The Virginian ^ | 8/13/2008 | Moneyrunner
    Ah so! It seems T. Boone Pickens is not the disinterested environmental pioneer that his ads make him out to be. Michelle Malkin exposes the grand scale corruption that is behind Nancy Pelosi’s desire not to drill for more oil. It seems that she has stock in companies that create and run wind farms – T. Boone Pickens companies. Though she seemingly backtracked on labeling drilling a "hoax" this week, Pelosi refuses to consider GOP energy proposals that don't include massive government subsidies for so-called eco-alternatives that have never panned out. Which brings us to Madame Speaker's 2007 financial disclosure...
  • Pelosi, Pickens plan to pick your pocket: House Speaker, billionaire behind 'going green' racket

    08/12/2008 11:36:18 PM PDT · by 2ndDivisionVet · 36 replies · 305+ views
    World Net Daily ^ | August 12, 2008
    TV commercials touting a new clean energy strategy and an environmental ballot measure in California both have one thing in common: if they succeed, they'll make investors – from "big oil" to the U.S. Capitol – a lot of money. The ads champion Texas oil billionaire T. Boone Pickens' "Pickens Plan" to move our nation from foreign oil dependence to domestically produced wind power and natural gas fuel for automobiles. The plan is touted as a cleaner, more eco-friendly alternative to our current reliance on coal power and gasoline. The ballot initiative is California's Proposition 10, known as the California...
  • Pickens Gives New Meaning to "Self-Government"

    08/08/2008 7:44:24 PM PDT · by B-Chan · 48 replies · 97+ views ^ | July 31, 2008 | Steven Milloy
    Pickens Gives New Meaning to "Self-Government" By Steven Milloy The more you learn about T. Boone Pickens’ plan to switch America to wind power, the more you realize that he seems willing to say and do just about anything to make another billion or two. This column previously discussed the plan’s technical and economic shortcomings and marketing ruses. Today, we’ll look into the diabolical machinations behind it. Simply put, Pickens’ pitch is “embrace wind power to help break our ‘addiction’ to foreign oil.” There is, however, another intriguing component to Pickens’ plan that goes unmentioned in his TV commercials, media...
  • T. Boone Pickens' 'clean' secret

    07/29/2008 4:06:53 AM PDT · by shrinkermd · 72 replies · 207+ views
    LA Times ^ | 29 July 2008 | Anthony Rubenstein
    Texas oil billionaire T. Boone Pickens is pushing a national campaign to make the U.S. "energy independent" through wind power and vehicles that run on natural gas. His blitz of TV ads featuring his own down-home voice has picked up a lot of admiring news coverage. To date, Pickens has yet to explain whose dime will pay for this. Well, Californians can clarify exactly whose dime it will be: Ours. Along with being the country's biggest wind power developer, Pickens owns Clean Energy Fuels Corp., a natural gas fueling station company that is the sole backerof the stealthy Proposition 10...
  • Is T. Boone Pickens 'Swiftboating' America?

    07/24/2008 3:48:43 PM PDT · by kellynla · 89 replies · 484+ views
    Fox News ^ | July 24, 2008 | Steven Milloy
    Liberals have done a U-turn on conservative billionaire oilman T. Boone Pickens. Formerly reviled for funding the "Swift Boat Veterans for Truth" campaign against Sen. John Kerry, he's now adored by the Left — unfortunately, for trying to gaslight the rest of us on energy policy. This column recently spotlighted Pickens' proposed plan to get America off foreign oil by substituting wind-generated electricity for natural gas-generated electricity and then using the natural gas to replace gasoline. Already having addressed the proposal's flaws — and Pickens' plan to profit at taxpayer expense from it — let's consider how Pickens' marketing shades...
  • T. Boone hard-wired for subsidies

    07/24/2008 4:50:56 PM PDT · by calcowgirl · 38 replies · 217+ views
    Financial Post ^ | July 24, 2008 | Jerry Taylor
    - Jerry Taylor is a senior fellow at the Cato Institute. Virtually every claim made by T. Boone Pickens to justify the lavish subsidies he is seeking for his wind energy investments is flat wrong. First, oil imports are not the cause of high gasoline prices. On the contrary, oil imports serve to keep gasoline prices down. After all, we import oil for a reason -- it's cheaper than the domestic alternative. If we were to restrict our energy diet to energy produced in the United States, it would make domestic energy producers (like Mr. Pickens) far richer and energy...
  • T. Boone Pickens Wants To Drill [Video]

    07/23/2008 12:18:56 PM PDT · by flyfree · 42 replies · 74+ views
    You Tube ^ | July 22, 2008
    Harry Reid's pal says we need to drill--in ANWR and off both coasts. Video at link
  • T-Bone for Him, Slim Pickin’s for Us

    07/19/2008 9:42:59 PM PDT · by Entrepreneur · 63 replies · 339+ views
    Fort Worth Star-Telegram ^ | July 19. 2008 | Ed Wallace
    I’ve always found it tough to get too mad at T. Boone Pickens. Sure, just a few years ago he warned the world that we are at or close to Peak Oil — while simultaneously making billions of dollars betting on oil futures. Which led some to make specific comments during Congressional testimony, to the effect that his public doomsaying was a posture designed to drive the market for oil — and therefore his personal profits — higher. [snip] Boone wants America on wind-generated electricity — to solve "our oil problems." [snip] Because wind farms are an unreliable source for...
  • Limousine Liberal Video Of The Day: Gore And His Gas-Guzzling Fans Exposed!

    07/17/2008 7:53:28 PM PDT · by Free ThinkerNY · 30 replies · 362+ views ^ | July 17, 2008 | Michelle Malkin
    You’re going to love this video from Americans for Prosperity, whose staff caught eco-hypocrisy on full display at Al Gore’s big energy sermon in Washington, D.C. earlier today. Ed Frank writes: “We’re back from Al Gore’s big global warming speech, and boy did we have a great time! We had a dedicated band of taxpayer advocates out in force, pointing out the high economic cost of global warming alarmism - starting with $8 a gallon gasoline. Of course, we saw plenty of hypocrisy — especially the fact that Gore didn’t ride his bike or take public transporation to the event....
  • Pickens Plan (T.Boone Pickens Energy Plan)

    07/08/2008 4:47:57 AM PDT · by kellynla · 42 replies · 576+ views
    Pickens Plan ^ | 2008 | T. Boone Pickens
    America is in a hole and it's getting deeper every day. We import 70% of our oil at a cost of $700 billion a year - four times the annual cost of the Iraq war. I've been an oil man all my life, but this is one emergency we can't drill our way out of. But if we create a new renewable energy network, we can break our addiction to foreign oil. On January 20, 2009, a new President gets sworn in. If we're organized, we can convince Congress to make major changes towards cleaner, cheaper and domestic energy resources.