Tag Archives: T. Boone Pickens

Shocker: T. Boone Pickens Is Acting In His Own Interest

Pickens

Bloomberg has a2,800-word profile on the irrepresible T. Boone Pickens this morning that includes the unsurprising analysis that the Texas-oilman turned green-energy guru is acting partially out of self interest.

He has a 33 percent interest in Clean Energy Fuels Corp. (NAS:CLNE), which runs 184 natural gas filling stations and would clean up if legislation that he supports passes. He also has a stake in V Vehicle Co. with Al Gore’s shop Kleiner Perkins Caufield & Byers and 5 percent of Exco Resources Inc. (NYSE:XCO).

The Pickens Plan, to increase investment in natural gas and wind power, might actually benefit these investments, a think-tanker has discovered.

“The Pickens Plan is nothing more than a call to rig the market toward the fuels that Pickens has invested in,” says Jerry Taylor, a senior fellow at Washington-based research group Cato Institute.

To which we respond: yeah, so? Continue reading Shocker: T. Boone Pickens Is Acting In His Own Interest

T.Boone Ditches Wind Power Project; Says Natural Gas is Clean Energy of the Future [Video]

T. Boone Pickens, the oilman turned renewable energy apostle, has shelved plans to develop the world’s largest wind farm in North Texas to instead push for massive adoption of natural gas for transportation. Continue reading T.Boone Ditches Wind Power Project; Says Natural Gas is Clean Energy of the Future [Video]

Shocker: T. Boone Pickens Is Acting In His Own Interest

Pickens

Bloomberg has a2,800-word profile on the irrepresible T. Boone Pickens this morning that includes the unsurprising analysis that the Texas-oilman turned green-energy guru is acting partially out of self interest.

He has a 33 percent interest in Clean Energy Fuels Corp. (NAS:CLNE), which runs 184 natural gas filling stations and would clean up if legislation that he supports passes. He also has a stake in V Vehicle Co. with Al Gore?s shop Kleiner Perkins Caufield & Byers and 5 percent of Exco Resources Inc. (NYSE:XCO).

The Pickens Plan, to increase investment in natural gas and wind power, might actually benefit these investments, a think-tanker has discovered.

?The Pickens Plan is nothing more than a call to rig the market toward the fuels that Pickens has invested in,? says Jerry Taylor, a senior fellow at Washington-based research group Cato Institute.

To which we respond: yeah, so? Continue reading Shocker: T. Boone Pickens Is Acting In His Own Interest