Do any of you guys remember Calpine, Inc. that during the Gray Davis disaster lost it's A$$ while sidling up the the Sierra Flub and trying to corner the market in CA by generating electricity with nat gas?
In fact, tubebender can tell you all about Calpine's efforts to establish a liquified compressed nat gas port facility in Eureka, CA which is now headed for Mexico, just south of the border, instead.
Well, this T. Boone Picken play reminds me of the very same play Calpine tried of cozyin up to the leftists who control the government. It didn't work!!! Calpine was very close to Chapter 11 of the Federal Bankruptcy Act, last I heard!!!
Does anybody else see the parallels here?
The Bus Fleet of Orange county runs on LNG , I assume supplied by Clean energy....but I could be wrong on that,...never actually seen a Bus stopped there Filling up.
Does anybody else see the parallels here?
Yep, I do. I don’t pay to cozy up to a shark.
Very interesting!