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T. Boone hard-wired for subsidies
Financial Post ^
| July 24, 2008
| Jerry Taylor
Posted on 07/24/2008 4:50:56 PM PDT by calcowgirl
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To: calcowgirl
And I just pretend to go to the Gas station for gas.
To: calcowgirl
“First, oil imports are not the cause of high gasoline prices”
People say this all the time and I have yet to hear a logical explaination. If you want to say that the oil refineries are part of the problem, fine, but to argue oil and gas prices are not tightly related is a waste of time.
3
posted on
07/24/2008 4:56:00 PM PDT
by
mad puppy
(Never have I felt so politically radical and I swear I didn't move an inch.)
To: e_castillo
LOL !
T.Boone is a snake oil sort !.......:o)
Have ya seen his new dig’s up near Canadian ?
4
posted on
07/24/2008 4:57:10 PM PDT
by
Squantos
(Be polite. Be professional. But, have a plan to kill everyone you meet)
To: calcowgirl
T. Boone Pickens = Follow the Money!
5
posted on
07/24/2008 4:58:40 PM PDT
by
Don Corleone
(Leave the gun..take the cannoli)
To: calcowgirl
[ Virtually every claim made by T. Boone Pickens to justify the lavish subsidies he is seeking for his wind energy investments is flat wrong. ]
And he knows it..
6
posted on
07/24/2008 5:01:03 PM PDT
by
hosepipe
(This propaganda has been edited to include some fully orbed hyperbole....)
To: calcowgirl
Second, we are no more forced to rely on the "goodwill" of foreign oil producers when we shop for petroleum than we are forced to rely on the "goodwill" of supermarkets when we shop for eggs and milk.Really? How many supermarket cartels are there that intentionally restrict the price of eggs? How many supermarket cartels tell the POTUS to get stuffed when he goes begging for more eggs? Please.
To: mad puppy
Can you imagine the price of gas without imports...
8
posted on
07/24/2008 5:01:21 PM PDT
by
tubebender
(Why does a round pizza come in a square box?)
To: TheWasteLand
Oops. Should read “restrict the supply of eggs”.
To: Squantos
Sure have. He likes the Romans...
To: calcowgirl
I looked at pickensplan.com and didn’t find a single sentence on how he will store wind electric when the wind don’t blow, or how he’ll store solar electricity when the sun don’t shine. A fatal flaw.
Back up, redundancy, is absent. He’s an empty 80 year old suit co-opted by Al Gore look-alikes to make a bundle on speculations.
11
posted on
07/24/2008 5:07:22 PM PDT
by
plangent
To: e_castillo
Ya’ll doing Ok ? haven’t seen ya around in a while ! Your bird is doing GREAT in the sandbox !
Congrats to all your folks !.........Well Done Sir !!
I am still gonna make the effort to get to one of your open houses......(honest) !!!
Stay safe !
12
posted on
07/24/2008 5:11:17 PM PDT
by
Squantos
(Be polite. Be professional. But, have a plan to kill everyone you meet)
To: Squantos
We’re doing OK over here... I haven’t been posting much much lately. I did stir up some trouble in one of the other T Boone threads..
To: mad puppy
People say this all the time and I have yet to hear a logical explaination. If you want to say that the oil refineries are part of the problem, fine, but to argue oil and gas prices are not tightly related is a waste of time.
First and foremost the reason for high oil prices is the huge upfront investment to bring additional supplies online, be it in the form of oil from oil shale, coal to liquid or drilling the north pole. All these options are viable at oil prices of ~ $100. However, you will get burned as an investor if oil prices drop significantly below that price point - which could happen if e.g. the Saudis find another giant oil field (production costs there are mostly just a few bucks, so the Saudis will be fine even if prices stabilize at a lower level again. The same cannot be said for domestic production). So while the oil industry does explorations worldwide and additional supply comes online (e.g. off the cost of Angola), that does little more than offset the decline in production of existing oilfields.
For a large-scale investment in CTL and the creation of a shale oil industry the prices will have to remain high for an extended period of time. Either way, prices will probably stabilize (IMHO) around $95 or so, $150 is just not a sustainable level, personally I don't believe in $250 oil scenarios. That is with one exception: A full-scale Iran war will lead to widespread disruptions in the regions, in that case prices might explode.
14
posted on
07/24/2008 5:22:25 PM PDT
by
wolf78
To: plangent; Dog Gone; thackney; Grampa Dave; tubebender; calcowgirl; NormsRevenge; BOBTHENAILER; ...
Yeah and there’s no “ramping” with hydro to smooth out those starts and stops of wind and solar you mentioned... I used to kind of look up to the guy because of his help with the Swift Boat Veterans, but now this just proves what I’ve said about billionaires and celebrities... Their resources don’t always prove they’re smarter than everyone else!!!
15
posted on
07/24/2008 5:23:33 PM PDT
by
SierraWasp
(I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
To: calcowgirl
Sure glad you found and posted this!!! Thanks...
16
posted on
07/24/2008 5:24:46 PM PDT
by
SierraWasp
(I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
To: wolf78
17
posted on
07/24/2008 5:28:23 PM PDT
by
SierraWasp
(I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
To: calcowgirl
I've come to the conclusion that Pickens is a real scumbag for trying to rip off taxpayers for his personal enrichment while pretending to be some patriot.
To: e_castillo
Well some days ya just have too stir !......:o) Be it good or bad .........stir !
Good for the forum at times !!
My Dad went too AHS with T.Boone and has nothing good too say about the guy. Is ole George Chapman still going ahead with his nuclear power plant plan ??
You Stay Safe !
19
posted on
07/24/2008 5:30:55 PM PDT
by
Squantos
(Be polite. Be professional. But, have a plan to kill everyone you meet)
To: calcowgirl
I wish Mr. Pickens well in his wind energy business, but I see
no reason why taxpayers, ratepayers or consumers ought to be
forced to sacrifice in order to fatten his already ample
bank account.
IF the current bump in cost of electricity in Texas increases
apace (as documented by a front AND back page WSJ article last
week)...
this guy might be saying "Texas should have taken T. Boone's
offer when they had the chance".
After a fair number of Texas-based businesses decamp for states
like Alabama or Georgia for lower electricity costs.
T. Boone is a self-professed capitalist.
I've never heard him call himself some sort of saint or moralist.
But he's at least trying to find a way from having more and more
of our economy fund Jihad and less-than-friendly entities from
buying up the USA with money WE send to them via our gas tanks.
Which is more than I can say for a phalanx of politicians and
CEOs!
20
posted on
07/24/2008 5:32:03 PM PDT
by
VOA
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