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Boones Energy Solution

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Anonymous

Guest
T Boone Pickens says the immediate answer to our current energy problem to wean us from the foreign countries is "natural gas"...

On Dobbs tonite he said there is over 75 years worth of natural gas already discovered in the US (probably much more undiscovered) - and that he thinks the government should immediately require all government vehicles converted to natural gas- and require all larger commercial vehicles to go to natural gas/or at least promote all new ones sold to be...

He claims that would drop US oil reliance by 38%- and that then we should work on wind and solar power in the west for electricity generation to reduce the reliance more....

His feeling is that our economy can not stand any more years of sending all our money out of the country for energy purchases....

He said Russia is already going this way- requiring every service station to put in a natural gas pump also....
 
A

Anonymous

Guest
I think I heard that Boone Pickens appearance and testimony in front of Congress was supposed to be rebroadcast tonite on CSPAN...After 9PM Mountain, I believe...

OOOPS!!! I misheard it- he will be testifying live on C-SPAN 3 tomorrow morning at 7:30 AM eastern.....
 
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Anonymous

Guest
Q&A with T. Boone Pickens
By Jim Snyder
Posted: 07/21/08 06:29 PM [ET]
T. Boone Pickens made a name for himself, and a few billion dollars, as an oilman and corporate raider. These days he has a new mission: promoting the “Pickens Plan .”


By improving the nation’s electric transmission system, vast wind resources from the Dakotas to Texas could be tapped to power population centers hundreds of miles away, according to Pickens. The natural gas that once went to electric utilities could instead be used as a transportation fuel.


Because natural gas is cleaner than gasoline and wind doesn’t pollute at all, the Pickens Plan has attracted advocates like Sierra Club President Carl Pope and former Vice President Al Gore.

Pickens, a Republican fundraiser, welcomes the support, but his main motivation is keeping $700 billion that would otherwise go to purchasing foreign oil in the United States: “I’ve got one enemy. I’ve got one rifle. I’ve got one crosshairs. And it’s focused on one spot.”


An interview with Business & Lobbying Editor Jim Snyder begins with Pickens explaining when he started thinking about his plan.

I actually believed you could do this in 1988. Twenty years ago. That’s when I was CEO of the company Mesa Petroleum. One [million cubic feet] of natural gas equals eight gallons of gasoline. I thought that if I can get to $5 or $6 for natural gas, I could save my a--. Because at that point we had distributed a lot of money to our shareholders believing the price of natural gas was going to go up. And I borrowed money to do that, and my back was against the wall. And I thought that if I could get this over to a transportation fuel, where it should be, because its 80 percent cleaner than gas and diesel, and was cheaper, and it was domestic … I’d get up in front of a crowd and say, “This fuel is cheaper, it’s cleaner, it’s domestic.” You know what the first question I’d get? “How much cheaper?” They didn’t give a damn whether it was cleaner or domestic 20 years ago. It didn’t have anything to do with it. … It was really hard for me to sell. …


And Gazprom [Russia’s state-controlled gas company] last week announced that they are going to put natural gas fueling stations all over Europe. What does that tell you? Yeah, it’s a good idea, I think. Not that the Russians need to show me a good idea, but it does confirm what you knew.


Natural gas is being used as a transportation fuel now. Eight million vehicles in the world today are on natural gas. Only 142,000 of those are in the United States. What’s that tell you? It will all happen if you promote the use of the fuel. If President Bush had promoted natural gas like he did ethanol, a lot of things would have happened by now.

Full article:
http://thehill.com/business--lobby/qa-with-t.-boone-pickens-2008-07-21.html
 

kolanuraven

Well-known member
There are tankers of NG being sold to Asia leaving Cook Inlet in Alaska everyday.

I read the story in the Anchorage Daily News...I think it's Exxon that's selling it to Asia.

I think all sources can be utililzed as some fuel/energy sources may be a better fit to some applications than others.
 

backhoeboogie

Well-known member
The playing field is not level.

We have to pay the same amount for gas as those who live 2000 miles from the gas well. It is called regulation OT.

We are now going to have to pay for electricity generated hundreds of miles away through our electric bills, by paying the cost of the power lines. It will cost us more that just plain old natural gas power. It will mean more gas available for those who live 2000 miles away but more cost for us in electricty.

Texans are pretty ticked about it. If the whole USA benefits, why can't the whole USA pay for it? OT, it is just more of me paying for your welfare.

Just more of why we have all become Reps here in Texas. First Rep primary in my county was held in '72 with 12 people voting. Now every office in the county is held by Reps and the Dems can't get elected.
 
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