Free Republic
Browse · Search
News/Activism
Topics · Post Article

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
[ Post Reply | Private Reply | To 1 | View Replies ]


To: VOA
T Boone Pick-your-pocket wants the $23.37 per MW Hour subsidy that wind gets. That 4500 MW windmill plant he wants to make? He'll get $945 MILLION a year in Federal subsidies. Not including the fact that the Federal Government will pick up 90% of his initial deployment costs. He'll spend $600 million to make $945 million annually, not including the profit for selling that power.

And Federal and State laws will REQUIRE that his power be purchased first, before any other power, regardless of cost.

He'll get PAID to make power, and he will get GUARANTEED BUYS of everything.

If Pick-your-pocket was honest, and really wanted to help us not buy oil from anywhere, he would be pushing shale oil. We could, in 10 years, produce all 20 million barrels a day of oil that we consume. And we could sustain that rate for 280 YEARS on just the oil shale we have in this country. And do it at $40 per barrel.

Meaning the current 7 million barrels a day we produce could be sold on the open market, bringing $280 million a DAY into the US in petroleum sales.

And we don't have to drill in ANWR, or the coasts, or anywhere else. Just drill and process the oil shale in Utah, Wyoming, and Colorado.

Pickens is just about picking your pocket via the force of Government. He's found it cozy and well paying to be in the same role as Al Gore...

21 posted on 07/24/2008 5:42:48 PM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
[ Post Reply | Private Reply | To 20 | View Replies ]

To: VOA

The self professed capitalist should then simply fund his own project without trying to reach into my pocket.


23 posted on 07/24/2008 5:43:59 PM PDT by nomorelurker (keep flogging them till morale improves)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson