Posted on 03/13/2015 4:53:30 PM PDT by shove_it
The infrastructure for this is not available, nor do the 254 County yards have the ability to refuel.
FTA:
“Funding for the program will come from fees already collected from motorists and industry for the Texas Emissions Reduction Plan (TERP), which was established by the legislature in 2001 and currently contains more than $800 million. The bill allows up to 3 percent of the TERP fund balance to be used each year to finance the new governmental alternative fuel fleet program. SB 12 will also expand a program that provides state grants to build alternative fueling stations.”
$24mil per year won’t go very far.
Why in the name of everything that’s inflammable should the United States have to import gasoline?
Pickens. Always the conniving rent-seeker.
You’ll have to ask Mr. Pickens about that but I’m pretty sure he was talking about the imported oil to make gasoline if you read the next sentence.
Texans! Hold on to your wallets, T. Bone has an idea!
“$24mil per year won’t go very far.”
The state does not need to be handing out grants, let the private industries handle this on their own. We’re along ways from something like this being put in place. If it’s such a grand idea let T Boone put it in place. I’ll run from anything that man is involved in.
see reply #3
Apparently Texas has legislated a TERP fund.
ping
I think this is the same T-bone who tried to T-bone the state for his thousands of wind turbines. If I’m not mistaken, T-bone holds the patent for the machinery that is required for the refueling of natural gas (this was brought up before when he tried to get the national fleet natural gas law enacted through His Arrogance and the crook at EPA at the time).
T Boone is not well like by those of us old timers in the oil and gas business, we still remember his attempted buy out of Gulf Oil.
Yup. He lost several fortunes on the wind turbines. He puts his money where his mouth is.
If this is cost effective, it will happen without govt mandates and if it isn’t...well T. Boone will try and make some dough on it anyway.
Actually we were getting a good price on imported gasoline from Europe. They’ve gone to such a large diesel population in their fleet mix that their refineries make too much gasoline.
“He lost several fortunes on the wind turbines.”
And most likely other investors were involved, just like his run on Gulf Oil. The only one made any money was T Boone when he dumped his stock at the cost of the investors. They thought they were buy Gulf’s share when in fact it was T Boone’s.
Why in the name of everything that’s inflammable should the United States have to import gasoline?
. . . .
Because we don’t make enough of it ourselves. We are close, but you can only move the ratios of gasoline, diesel etc from a barrel of crude a limited amount.
We make more diesel than we use and we make less gasoline. So we are a net exporter of diesel and a net importer of gasoline.
Also, we still import about 7 million barrels a day of oil to keep up with our refineries.
If it’s such a grand idea let T Boone put it in place. I’ll run from anything that man is involved in.
. . . . . .
He did build the fueling. He just wants the taxpayers to guarantee his sales.
Maybe we can get T. Boone Pickens to move to New Hampshire or something.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.