[The Klingon]

Isn’t Fracking doing this on its own?

[brownsfan]

‘eff Pickens. He’d support Hitler if it made him a few more bucks.

[cicero2k]

Pickens is also a windmills guy, or at least was.

I have no respect for him.

[pikachu]

Why do billionaires like T. Bone-head always insist on lobby the government to take more money out of my pocket to give to themselves? If they like the idea so much, they should pour their own capital into it and see if others agree by voting with their own capital voluntarily.

[facedown]

Critics are quick to point out that Pickens’ agenda would promote his investments in natural gas and a company that makes natural gas vehicles. Others call that putting his money where his mouth is.

No, that's putting OUR money where his mouth is.

[yefragetuwrabrumuy]

The US gets 40% of its oil from the US. 20% from Venezuela. 15% from Canada. 13% from the Persian Gulf. 10% from Nigeria. As of 2012. However, crude oil is fungible, which means we buy it from the oil market, *not* directly from its producers. And the market buys oil from whoever sells the highest quality oil (light, lots of volatile molecules; and sweet, low sulfur) at the cheapest price.

However, this is strongly changing, due to fracking.

But, ironically enough, even if the US produces a lot more oil, it will do so cheaply enough that the oil will be *exported* into the oil market, as it will command better prices there than domestically.

All this means is that we will run a lower trade deficit, or even a surplus. Surplus. Gee, when was the last time you heard that word about the US economy?

[shove_it]

"Critics are quick to point out that Pickens’ agenda would promote his investments in natural gas and a company that makes natural gas vehicles. Others call that putting his money where his mouth is."

It's surprising that this forum, which promotes free enterprise, has so many Pickens haters on it. If there ever was a man who "put his money where his mouth is", it's T. Boone Pickens.

[jdsteel]

If you like Pickens or not, more natural gas vehicles and filling stations would be good for America. The fact of the matter is companies won't go forward with this until they get some tax incentives. Personally, I am for lower corporate taxes over all, but this is an OK first step.

[PhiloBedo]

Why would the regime support a plan that undercuts Barry’s allies and their control of oil prices?

[Huskerfan44]

Makes more sense than funding our own demise through OPEC trickle down of $ to muslim jihad.

[shove_it]

CLNE earnings for 2012 just released. The top line numbers look good but this company just keeps losing money year after year and has never shown a profit.

http://finance.yahoo.com/news/clean-energy-reports-gallons-delivered-210500508.html?desktop_view_default=true

[right way right]

Modern day Howard Hughs?