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Posts tagged “T. Boone Pickens”

By CER News Desk on Sep 12, 2012 with 4 responses

Pickens Picks Romney for Energy Independence Over Obama

If Americans want to see sure, steady progress towards the goal of energy independence, they should vote for Mitt Romney, according to billionaire energy tycoon T. Boone Pickens. (See also: Duke Energy CEO Picks Obama Over Romney on Energy)

In an interview with CNBC, Pickens openly backed Romney as President, calling him “better suited” to deal with the increasingly grave energy problem in the United States because Barack Obama only wants to “talk his tax.”

With a large stake in the success of the alternative fuel industry given his deep investments, particularly in wind energy, Pickens’ vote of confidence in Romney appears to be fueled not by political views, but rather by a genuine interest in the future of the energy sector and its continued move away from fossil fuels. This is generating speculation among political analysts that his support could prove valuable for Romney in the battle for votes in oil-producing states like Pennsylvania, Colorado and Ohio, among 27 more.


By Robert Rapier on Jun 1, 2011 with 71 responses

Book Review: Power Trip

Introduction I tend to accumulate a lot of books – sent to me by publishers and publicists – and they pile up on my desk until I have to make a trip somewhere. Because it takes a long time to get from Hawaii to anywhere else, I always grab a book or two from my stack to keep myself occupied while in a plane or while waiting for one. For my most recent trip, I grabbed Amanda Little’s book Power Trip: The Story of America’s Love Affair with Energy. Little describes herself as an environmentalist who — up until writing this book — had “one major blind spot” in her understanding of energy: “I also realized that this thing that… Continue»

By Robert Rapier on Dec 24, 2009 with no responses

My Top 10 Energy Related Stories of 2009

Here are my choices for the Top 10 energy related stories of 2009. Previously I listed how I voted in Platt’s Top 10 poll, but my list is a bit different from theirs. I have a couple of stories here that they didn’t list, and I combined some topics. And don’t get too hung up on the relative rankings. You can make arguments that some stories should be higher than others, but I gave less consideration to whether 6 should be ahead of 7 (for example) than just making sure the important stories were listed. 1. Volatility in the oil markets My top choice for this year is the same as my top choice from last year. While not as… Continue»

By Robert Rapier on Jun 22, 2009 with no responses

U.S. Ramping Up Wind Power Programs Even As Concerns Surface About Possible Declines In U.S. Wind Strength

Once again at DFW Airport, about to make my way back to Europe. So I will be offline for just a bit, but wanted to post the latest from Money Morning, which as I recently explained will be featured here whenever they have topical material to offer. As always, normal caveats apply: I am not an investment advisor. I don’t endorse any specific stocks mentioned in the following story nor the ad at the end of the story. ——————————U.S. Ramping Up Wind Power Programs Even As Concerns Surface About Possible Declines In U.S. Wind StrengthBy William Patalon III – Executive Editor Money Morning/The Money Map Report Just as the United States is boosting its reliance on wind power, a new… Continue»

By Robert Rapier on Jun 19, 2009 with 1 response

How Much Natural Gas to Replace Gasoline?

I Took This Picture of a CNG Bus on a Recent Trip to D.C. You may have seen the news this week that a report by the Potential Gas Committee says natural gas reserves in 2008 rose to 2,074 trillion cubic feet. The New York Times and the Wall Street Journal (via Rigzone) both had stories on it, and T. Boone Pickens issued a press release. First, from the New York Times (and this is a really good article): Estimate Places Natural Gas Reserves 35% Higher Thanks to new drilling technologies that are unlocking substantial amounts of natural gas from shale rocks, the nation’s estimated gas reserves have surged by 35 percent, according to a study due for release on… Continue»

By Robert Rapier on Jul 11, 2008 with no responses

How Many Green Jobs?

While I recently wrote an article on Green Job Opportunities, until today I was unaware of just how many green jobs there actually are. Sure, I know it’s a fast-growing field, and many of the e-mails I get are asking about job opportunities in the sector. Today, a study was released by Worldwatch Institute that provides some answers: Jobs in Renewable Energy Expanding Currently about 2.3 million people worldwide work either directly in renewables or indirectly in supplier indus­tries. Given incomplete data, this is in all like­lihood a conservative figure. The wind power industry employs some 300,000 people, the solar photovoltaics (PV) sector accounts for an estimated 170,000 jobs, and the solar thermal industry, at least 624,000. More than 1… Continue»