A message from The Pickens Team on the importance of domestic energy sources: 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 oil, or 327 [...]
If US energy policy continues on its present path, legendary oilman T. Boone Pickens told Mad Money’s Jim Cramer on Friday, the price for a barrel of crude could jump more than five times its present level in a decade. Pickens was using OPEC revenues between 2003 and 2008 as a model, he said. Those [...]
T. Boone Pickens, the Texas investor and oil billionaire who has become a staunch advocate for green energy, is at it again with a wild new plan to make the U.S. more energy independent. The iconoclastic Pickens is now advocating a wholesale shift in the U.S. big-rig trucking fleet from imported diesel fuel to domestically [...]
Just two days ago, energy baron T. Boone Pickens said the plans for the world’s largest wind farm in the Texas Panhandle were scrapped, and he’s looking for a home for 687 giant wind turbines. Pickens has already ordered the turbines, which can stand 400 feet tall—taller than most 30-story buildings. “When I start receiving [...]
July 8th, 2009 marks the one-year anniversary of T. Boone Pickens’ Energy Independence Day. What’s the goal? It is energy independence for our great nation by relying on the natural treasures we already have in abundance. To hear energy futurists talk, you might think Americans are driving around with windmills on their car powered by [...]
A few weeks ago, V-Vehicle Company (VVC), a San Diego firm backed by oil man turned environmentalist T. Boone Pickens revealed that it’s the manufacturer setting up shop in Monroe, Louisiana to build a range of high-efficiency combustion-engine cars. The state offered VVC an incentive package worth $67 million, and local governments will put up [...]
In March of this year, AT&T announced it was replacing 8,000 of its U.S. fleet with vehicles running on natural gas over the next few years. This week AT&T have announced that they are going to deploy 30 vans running on compressed natural gas for its Oklahoma fleet (this represents 10 percent of AT&T’s fleet [...]
Billionaire oil investor T. Boone Pickens said this past Wednesday, that he doubts a $26 billion natural gas pipeline from Alaska will be built any time soon as abundant new shale gas supplies reduce the need for the expensive project. Pickens, who is promoting a plan to boost investment in wind power and natural gas [...]
Last week, T. Boone Pickens was in Calgary, Alberta and shared with his audience that he expects natural gas (NG-FT ) prices to hit $7 (U.S.) by next year. $7 would be nearly double their current value. Pickens claims that U.S. energy security is his first priority. Mr. Pickens has taken iniatives that are based [...]
EXCO Resources, Inc. is unveiling a newly constructed compressed natural gas vehicle fueling facility at its Vernon Field site located near Chatham, Louisiana this morning. EXCO Board Member T. Boone Pickens will be attending this event and will be speaking about the Pickens Plan and his proposal for improving U.S. energy independence through the use [...]
