Friday, May 04, 2012

Raging debate inside T. Boone Pickens' head?: He seems conflicted on the issue of cheap natural gas being a good thing or not

T. Boone Pickens: 'The Biggest Deterrent To An Energy Plan In America Is Koch Industries' | ThinkProgress
“The biggest deterrent to an energy plan in America is Koch Industries,” the BP Capital founder tells Yahoo’s Aaron Task. “They do not want an energy plan for America because they have the cheapest natural gas price they’ve ever had, and they’re in the fertilizer business and they’re in the chemical business. So their margins are huge. And they do not want you to have an energy plan, because if you had a plan, then natural gas prices would come up.”
Natural Gas | Pickens Plan
Natural gas is one of America’s greatest resources. While reserves other resources are diminishing, new drilling technologies and techniques are allowing us to recover natural gas in the huge shale deposits found all across America...Natural gas is much cleaner than coal, diesel, or gasoline. In fact, natural gas is the cleanest fossil fuel and a highly efficient form of energy. The U.S. Energy Information Administration said that natural gas is twice as clean as coal.

1 comment:

Anonymous said...

"And they do not want you to have an energy plan, because if you had a plan, then natural gas prices would come up."

Why the &$#! would I want an energy plan for me if it results in me paying more for natural gas???