T. Boone Pickens Plan for Energy

Printo

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Here's the link: http://pickensplan.com/

Anyone check this out yet? I know Pickens is definitely a benefactor of his plan to use natural gas to reduce the dependency on foreign oil but his idea is pretty realistic.

Here it is:

It's an addiction that threatens our economy, our environment and our national security. It touches every part of our daily lives and ties our hands as a nation and a people.

The addiction has worsened for decades and now it's reached a point of crisis.
In 1970, we imported 24% of our oil.
Today it's nearly 70% and growing.

As imports grow and world prices rise, the amount of money we send to foreign nations every year is soaring. At current oil prices, we will send $700 billion dollars out of the country this year alone — that's four times the annual cost of the Iraq war.

Projected over the next 10 years the cost will be $10 trillion — it will be the greatest transfer of wealth in the history of mankind.

America uses a lot of oil. Every day 85 million barrels of oil are produced around the world. And 21 million of those are used here in the United States.

That's 25% of the world's oil demand. Used by just 4% of the world's population.

Can't we just produce more oil?

World oil production peaked in 2005. Despite growing demand and an unprecedented increase in prices, oil production has fallen over the last three years. Oil is getting more expensive to produce, harder to find and there just isn't enough of it to keep up with demand.

The simple truth is that cheap and easy oil is gone.

What's the good news?

The United States is the Saudi Arabia of wind power.

Studies from around the world show that the Great Plains states are home to the greatest wind energy potential in the world — by far.

The Department of Energy reports that 20% of America's electricity can come from wind. North Dakota alone has the potential to provide power for more than a quarter of the country.

Today's wind turbines stand up to 410 feet tall, with blades that stretch 148 feet in length. The blades collect the wind's kinetic energy. In one year, a 3-megawatt wind turbine produces as much energy as 12,000 barrels of imported oil.

Wind power currently accounts for 48 billion kWh of electricity a year in the United States — enough to serve more than 4.5 million households. That is still only about 1% of current demand, but the potential of wind is much greater.

A 2005 Stanford University study found that there is enough wind power worldwide to satisfy global demand 7 times over — even if only 20% of wind power could be captured.

Building wind facilities in the corridor that stretches from the Texas panhandle to North Dakota could produce 20% of the electricity for the United States at a cost of $1 trillion. It would take another $200 billion to build the capacity to transmit that energy to cities and towns.

That's a lot of money, but it's a one-time cost. And compared to the $700 billion we spend on foreign oil every year, it's a bargain.
An economic revival for rural America.

Developing wind power is an investment in rural America.

To witness the economic promise of wind energy, look no further than Sweetwater, Texas.

Sweetwater was typical of many small towns in middle-America. With a shortage of good jobs, the youth of Sweetwater were leaving in search of greater opportunities. And the town's population dropped from 12,000 to under 10,000.

When a large wind power facility was built outside of town, Sweetwater experienced a revival. New economic opportunity brought the town back to life and the population has grown back up to 12,000.

In the Texas panhandle, just north of Sweetwater, is the town of Pampa, where T. Boone Pickens' Mesa Power is currently building the largest wind farm in the world.

At 4,000 megawatts — the equivalent combined output of four large coal-fire plants — the production of the completed Pampa facility will double the wind energy output of the United States.

In addition to creating new construction and maintenance jobs, thousands of Americans will be employed to manufacture the turbines and blades. These are high skill jobs that pay on a scale comparable to aerospace jobs.

Plus, wind turbines don't interfere with farming and grazing, so they don't threaten food production or existing local economies.

A cheap new replacement for foreign oil.

Natural gas and bio-fuels are the only domestic energy sources used for transportation.
Cleaner

Natural gas is the cleanest transportation fuel available today.

According to the California Energy Commission, critical greenhouse gas emissions from natural gas are 23% lower than diesel and 30% lower than gasoline.

Natural gas vehicles (NGV) are already available and combine top performance with low emissions. The natural gas Honda Civic GX is rated as the cleanest production vehicle in the world.

According to NGVAmerica, there are more than 7 million NGVs in use worldwide, but only 150,000 of those are in the United States.

The EPA estimates that vehicles on the road account for 60% of carbon monoxide pollution and around one-third of hydrocarbon and nitrogen oxide emissions in the United States. As federal and state emissions laws become more stringent, many requirements will be unattainable with conventionally fueled vehicles.

Since natural gas is significantly cleaner than petroleum, NGVs are increasing in popularity. The Ports of Los Angeles and Long Beach recently announced that 16,800 old diesel trucks will be replaced, and half of the new vehicles will run on alternatives such as natural gas.
Cheaper

Natural gas is significantly less expensive than gasoline or diesel. In places like Utah and Oklahoma, prices are less than $1 a gallon. To see fueling stations and costs in your area, check out cngprices.com.
Domestic

Natural gas is our country's second largest energy resource and a vital component of our energy supply. 98% of the natural gas used in the United States is from North America. But 70% of our oil is purchased from foreign nations.

Natural gas is one of the cleanest, safest and most useful forms of energy — residentially, commercially and industrially. The natural gas industry has existed in the United States for over 100 years and continues to grow.

Domestic natural gas reserves are twice that of petroleum. And new discoveries of natural gas and ongoing development of renewable biogas are continually adding to existing reserves.

While it is a cheap, effective and versatile fuel, less than 1% of natural gas is currently used for transportation.

The Mechanics

We currently use natural gas to produce 22% of our electricity. Harnessing the power of wind to generate electricity will give us the flexibility to shift natural gas away from electricity generation and put it to use as a transportation fuel — reducing our dependence on foreign oil by more than one-third.
How do we get it done?

The Pickens Plan is a bridge to the future — a blueprint to reduce foreign oil dependence by harnessing domestic energy alternatives, and buy us time to develop even greater new technologies.

Building new wind generation facilities and better utilizing our natural gas resources can replace more than one-third of our foreign oil imports in 10 years. But it will take leadership.

On January 20th, 2009, a new President will take office.

We're organizing behind the Pickens Plan now to ensure our voices will be heard by the next administration.

Together we can raise a call for change and set a new course for America's energy future in the first hundred days of the new presidency — breaking the hammerlock of foreign oil and building a new domestic energy future for America with a focus on sustainability.


Its at least worth a look, neither of the 2 numskulls running for president have a better idea really.
 
I think it's cool that an individual is taking such an interest in the issue, and is willing to put his own fortune behind promoting his ideas for a solution. Most rich mofos couldn't care less and would rather spend their energies buying more luxury yachts.
 
Wind energy is good, so long as it doesn't violate private property rights.

This is an issue that is personally effecting my area, so it's an issue that's very naturally something I'm interested in.

I think you can do anything with your property that you want, so long as you don't harm another individual---there's a number of these wind turbines that create a terrible amount of noise and have a strobe-effect on the general country-side--there's been many people who can't sleep, get head-aches, and experience other symptoms due to this...it's this reason that I oppose them, in general.

If they're in an area where they don't effect anyone (or just the owner of the land), sure, they're perfect...but when they want to be put up around a countryside close to people's homes with the potential to effect them, then I'm against them.

The whole wind-turbine thing is quite a fiasco here--basically the township trustees and wind-turbine corporations rail-roaded the local citizens on what they wanted (it's been brought up multiple times on what to do, and the chance to vote on it has always been turned down).....it's not surprising, too, that the people who want it are the township trustees (who are most often the ones who have offered their property for the turbines, or the trustee's friends) and those that live in the city of my county...quite a ways from where the turbines were built.

either way, nice idea, but property-rights shouldn't be rail-roaded.

Still though, I don't think he fully grasps why oil prices are high (fiat currencies).
 
I think it's cool that an individual is taking such an interest in the issue, and is willing to put his own fortune behind promoting his ideas for a solution. Most rich mofos couldn't care less and would rather spend their energies buying more luxury yachts.

Even if he didn't decide to do it, your love interest Obama would be forcing him too....and take his capital.

This is a true example of why and how the free market works. The time has come where oil isn't a smart choice anymore. The people decide to freely move away from it. He is investing his capital in something he believes will be a strong business opportunity.
 
Natural gas would work in local economies.

If you have truck it in or pipe it the cost soars.

Especially if you truck it in.

That's not the only source of energy.

For town cars you would want a quasiturbine powered car with tear drop aerodynamics weighing in at 500 lbs empty thanks to magz alloy, carbon fiber and fiber glass.

Ideally you would run a solar powered quasiturbine compressor at home and then fill up once at home.

Simple, the solar powered compressor fills a stationary air tank while at work then you come home plug in the air hose and fill your air tank which powers a pneumatic quasiturbine in your car.

This is free energy.
 
Why stop with natural gas and wind? Does Pickens support repealing the ban on hemp? Shouldn't we be doing everything we can? If he is really serious, I'd think that he would say something about it.
 
Natural gas is getting squeezed too and prices are rising.
http://www.nytimes.com/2008/05/29/business/29gas.html
A longstanding assumption of American energy policy has been that natural gas would be plentiful abroad, and therefore readily available for importation, as production falls off in North America, where many fields are tapped out.

But some experts are starting to question that idea, saying natural gas could be subject to the same explosion in overseas demand that has made oil so expensive.

As it is, the supertankers that were supposed to deliver cargoes of gas from Africa and the Middle East to the United States are taking them to places like Spain and Japan instead, pushing up gas prices and depleting the nation’s stockpiles as the hurricane season approaches.

“A few years ago people looked at L.N.G. as a solution to North America’s gas needs,” said Nikos Tsafos, an analyst with PFC Energy, a consulting firm. “But today we see that there is less L.N.G. around than people expected, and there is more competition for that L.N.G. from markets that are willing to pay more than the United States.”

Not long ago, Cheniere was a darling of Wall Street. It was widely praised for having the vision to plan four new liquefied gas terminals around the Gulf of Mexico to connect the country with supplies of natural gas from places like Nigeria and Egypt, gas once considered so worthless it was burned off.

Now the company’s stock price has sunk from $40 to just over $5 since last fall.

“The question that people ask is if L.N.G. doesn’t come to the United States for another year or two or three, what is going to happen to Cheniere,” acknowledged Charif Souki, the chief executive officer of the company.

While natural gas prices in the United States have spiked to over $11.80 per thousand cubic feet from $7.50 at the beginning of the year, the price that gas producers can draw in many other countries in the world is several dollars higher. All they need are terminals in producing countries that can chill natural gas to minus 260 degrees Fahrenheit for shipping across oceans and terminals in consuming countries that can regasify cargoes.

Just about the only place where demand for L.N.G. seems not to be growing is the United States, an abrupt shift from expectations as little as one year ago.
 
Yes!.

I love the way this gentleman and businessman speaks common sense.

Naturally, he will benefit, but America will benefit greatly, too. Government is in the way. Step away from progress government and let the real free market help solve the problems.

True, as he says, it is not the ultimate answer, but it is practical and makes sense and buys some time to work on more progressive solutions.

Watch, though. Watch how Congress and the Al Gores of the world in our country will pooh-pooh this idea and RUN away from it as fast as they can. they have a different agenda and it has nothing to do with helping our country. It has everything to do with bleeding the American people dry.

I applaud Mr. Pickens for his forward-thinking approach, something that should have happened years ago, so that today we would be working on other kinds of energy.
 
harry reid's speech last nite does its homage to the t boone pickens plan!
http://www.youtube.com/watch?v=Y1eS3v7zzWs he also just did nearly
almost a 1800s populist rant against ol' Standard Oil for good reason...
george w. bush may think he's a latterday TR yet he never trust busts.
 
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From what I have read about Pickens' plan, it involves a lot of property seizure via eminent domain.
 
Doesn't Pickens support expanding nuclear power? That seems a lot more practical/efficient to me than planting a million wind turbines across the country.
 
Don't Support this Man. He is evil. You guys do know this man is getting into wind and alternatives big. That is why he wants the pickens plan. If you were going to make a big investment, wouldn't you want the government to subsidize it. That is all this man is doing. Don't Trust him!
 
Yup, this is the same guy who is exploiting the "Right of Capture" laws of Texas to bleed the Ogalalla aquifer dry and sell the water to Dallas.

He's a real bastard.
 
screw him. If he wants to build wind power, go ahead and build it. He's got the money. If he can't, let him go out and raise some PRIVATE capital. This guy just wants money from the government. He's no different than a local sports franchise asking the taxpayers to build them a brand new stadium, where the taxpayers themselves will have to pay more to sit in once their local team moves there. If there is money to be made, the market will deliver it.
 
Why stop with natural gas and wind? Does Pickens support repealing the ban on hemp? Shouldn't we be doing everything we can? If he is really serious, I'd think that he would say something about it.

Probably not since he most likely doesn't have any money invested in the hemp industry.
 
P.S. I received a USPS priority package from Pickens with his plan. I assume because i.r.delegate.
 
There is a reason

There is a reason Pickens is spending a chunk of time and money trying to sell his plan. He wants government help. Either money or power. It is one or the other or both. If he was planning on doing it on his own nickel using only market transactions, he wouldn't need to sell YOU on it. He would just do it. Be afraid. Be very afraid.
 
Like anything with the rich and connected, follow the Money. Pelosi and all the rest of her crew got preferred shares in a pre public offering and now have huge stakes in Pickens new energy company. After the election they will start to funnel taxpayer money into his/thier company for our salvation. Same as the money being funneled into Haliburton for the Bush/Cheney families and thier cronnies. Always follow the money to see what someone is really up to. And Pelosi has already signed off on the eminent domain plan in texas to steal those water rights for thier new company. Ann
 
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