Free Republic

According to energy magnate T. Boone Pickens, Obama has been a loser for the energy industry. And not just a loser, but “a complete loser”. That he is not a fan of President Obama’s policies—including his energy policies--comes as no surprise. Pickens said in 2014 that Obama was “the worst president we’ve ever had”.

t’s a tough business right now for oil and gas companies, with some companies faring better than others with most majors releasing in-the-red second quarter financials, but business mogul T. Boone Pickens has made a bold and heavy return to the energy market, upping his stake in energy holdings by more than a third in the second quarter, according to data tallied by Bloomberg. The value of BP Capital Fund Advisors LLC’s energy stock holdings increased by $55 million to $218 million. BP Capital Fund Advisors added stakes to eight energy-related companies at a time when oil prices were painstakingly...

Good times could be coming for T. Boone Pickens' Clean Energy Fuels (NASDAQ: CLNE - News), but according to Barron's that doesn't mean you should be buying it. When it comes to the trucking industry, the case for natural gas is a strong one. At recent prices of less than 50 cents per gasoline gallon equivalent, nat gas is a steal compared to diesel, and Pickens has put significant emphasis on eradicating American dependence on foreign oil. Barron's notes that about $8,000 in upgrades are required before a truck can run on the fuel, but the industry is hopeful for...

STILLWATER, OKLA. (Fortune Small Business) -- The drilling rig rose incongruously over the peaceful college town of Stillwater, Okla. It roared and screeched with activity. Roughnecks, slathered head to toe in mud, scrambled and cursed a blue streak as they threw chain and tripped out two-ton stands of pipe. D.G., a.k.a. "Stretch," a good-natured chain hand, weighed in with a salvo of riotously profane slander, largely addressed to his fellow oil drillers. It could have pinned back the ears of the most depraved drill sergeant on earth. It could have peeled paint. "There, write that in your magazine!" he yelled...

Texas oil billionaire T. Boone Pickens is about to make a killing by selling water he doesn’t own. As he does it, it will be praised as a planet-friendly wind project. The basic story amounts to this: Pickens, thanks to favors from state lawmakers whose campaigns he funded, has created a new government whose only voters are two of his employers; this has empowered Pickens to more cheaply pump water from an aquifer and, by use of eminent domain, seize land across 11 counties in order to pipe the water to Dallas. To win environmentalist approval of this hardly “sustainable”...

Federal authorities may unravel a tiny Panhandle government with far-reaching powers. The U.S. Department of Justice blocked changes to Texas law that last fall helped create the board of the Roberts County Fresh Water Supply District, a body dominated by employees of Texas billionaire T. Boone Pickens. Losing the district's authority could complicate Pickens' most visible means so far of running pipeline and power line infrastructure across the state. Jay Rosser, spokesman for Pickens' Mesa Water, said the decision as Mesa officials understood it did little to change the board or plans to move massive water and wind energy resources...

RENO, Nevada (Reuters) - White House hopeful Barack Obama talked energy policy on Sunday with T. Boone Pickens, a billionaire oil investor who funded the "Swift Boat" attacks on Democratic presidential nominee John Kerry in 2004. Pickens, a lifelong Republican, has endorsed neither his party's candidate, Arizona Sen. John McCain, nor Democrat Obama in the November 4 election and wants to make energy a top campaign issue. He has advocated a plan to cut U.S. oil use by converting cars to run on natural gas. Pickens funded efforts in 2004 by a group called Swift Boat Veterans for Truth, which...

Usually when you argue with liberals, you can start winning right off the bat by denying the premise of their argument. On energy, their premise is that wind power is pure, clean energy, harnessing mother nature with no downside at all. After all it is just a breeze, which we like on hot summer days, and other than lifting loosely glued toupees and bad comb-overs, it is harmless. Right? Well we don't get wind power from pin-wheels. We get it from thousands of huge, industrial grade wind turbines, which, for the dim bulbs on the left, are machines.

Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily on oil imports. "I don't think it'll drop below $100," Pickens told Reuters in a telephone interview. "I would say $110 is where it might go, something like that." ~snip~ Pickens' hedge fund BP Capital, which manages about $7 billion in assets, sank about 35 percent in July, according to a report this week in the New York Post. Pickens declined to comment in...

House Speaker Nancy Pelosi called congressional Republicans who want up-or-down drilling votes “hand maidens of the oil companies.” Let’s call Pelosi what she is: House girl of the Big Wind boondogglers. Though she seemingly backtracked on labeling drilling a “hoax” this week, Pelosi refuses to consider GOP energy proposals that don’t include massive government subsidies for eco-fantastical alternatives that have never panned out. Which brings us to Madame Speaker’s 2007 financial disclosure form. Schedule III lists “assets and ‘unearned income’” of between $100,001-$250,000 from Clean Energy Fuels Corp. - Public Common Stock.” Clean Energy Fuels Corp. is a natural gas...

T. Boone has re-invented himself as a green wildcatter. Can he finish what Al Gore started? T. Boone Pickens can't read his lines. Squinting at his teleprompter, he is posing in front of a mile-long ribbon of wind turbines, churning against an endless Texas sky. Pickens is in Sweetwater, a town of 12,000 that bills itself as the nation's wind-energy capital, to shoot a commercial urging Americans to put themselves on a new energy diet: cutting out imported oil—which costs $700 billion a year—in favor of domestically produced sources such as wind and natural gas. "Our dependence on foreign oil...

eek, Pelosi refuses to consider GOP energy proposals that don't include massive government subsidies for so-called eco-alternatives that have never panned out. Which brings us to Madame Speaker's 2007 financial disclosure form. Schedule III lists "Assets and 'Unearned Income'" of between $100,001-$250,000 from Clean Energy Fuels Corp. -- Public Common Stock. Clean Energy Fuels Corp. (CLNE) is a natural gas provider founded by T. Boone Pickens. Yep, that T. Boone Pickens -- former oilman turned wind-power evangelist whose ads touting a national wind campaign are now as ubiquitous as Viagra promos. Pickens and Pelosi share the same talking points downplaying...

Ah so! It seems T. Boone Pickens is not the disinterested environmental pioneer that his ads make him out to be. Michelle Malkin exposes the grand scale corruption that is behind Nancy Pelosi’s desire not to drill for more oil. It seems that she has stock in companies that create and run wind farms – T. Boone Pickens companies. Though she seemingly backtracked on labeling drilling a "hoax" this week, Pelosi refuses to consider GOP energy proposals that don't include massive government subsidies for so-called eco-alternatives that have never panned out. Which brings us to Madame Speaker's 2007 financial disclosure...

Wind Turbines Whip Up Health Fears By RICHARD COCKLE  BOARDMAN, Ore. — Sherry Eaton pulled into the driveway of her rural, high-desert home to see one of several giant wind turbines being assembled a half-mile away. "I started to cry," Eaton, 57, recalled of her first sight of the Willow Creek Wind Project in late July. "They're going to be hanging over the back of our house, and now there's the medical thing." "The medical thing" is new research suggesting that living close to wind turbines, as Eaton and her 60-year-old husband, Mike, soon will be doing, can cause sleep...

One of CLNE’s underwriters is WR Hambrecht and Co., owned by William Hambrecht, a leftwing activist who has given, on average, around $80,000 per year to liberal candidates and causes. It is probable that such a heavyweight in the leftist movement is also well known to Nancy Pelosi and to Harry Reid, who will be partnering with the Center for American Progress Action Fund and UNLV to host the National Clean Energy Summit on Aug. 19 with such notables as President Clinton, New York Mayor Michael Bloomberg, Gov. Janet Napolitano of Arizona, Gov. Bill Ritter of Colorado, and Texas entrepreneur...

Nancy Pelosi says that she is trying to save the planet and prevent global warming, but the reality is that, according to disclosure statements, in May 2007 she invested in T. Boone Picken’s clean energy fuels corp., CLNE, which is the sole sponsor of a proposal in California to funnel $5 billion in state funds and $5 billion in Federal funs to this corporation which will indirectly help them create a giant wind farm in the Texas panhandle. An overlooked story in November of 2007 shows that the T. Boone Pickens plan involves the private control of water, which Pickens...

It’s what conservative bloggers are buzzing about: the financial relationship between Do-Nothing Nancy Pelosi and Big Wind pusher T. Boone Pickens. #dontgo reports that according to disclosure statements, “in May 2007 she invested in T. Boone Picken’s clean energy fuels corp., CLNE, which is the sole sponsor of a proposal in California to funnel $5 billion in state funds and $5 billion in Federal funs to this corporation which will indirectly help them create a giant wind farm in the Texas panhandle.”Follow the money.Get the whole scoop here and here. Know your eco-cronies.***Flashback: See-Dubya asks, “Why is T. Boone Pickens...

At first glance, the energy proposals of Texas oilman T. Boone Pickens for wind power and increased gas usage sound good. "We can't drill our way out of this crises"; I happen to disagree with this statement. We still need to drill to make ourselves "independent from foreign oil." But the real issue is what is behind the clamor to expand wind power in lieu of increasing oil drilling. To understand this you have to read between the lines. Not only does Pickens' firm, BP capital, have significant investments in natural gas, but last June he announced plans to build...

What we like most about T. Boone Pickens' grand scheme for meeting America's insatiable energy appetite and reducing the reliance on unfriendly foreign sources of oil is his willingness that all alternatives should compete. Whether it's drilling for oil offshore, or processing natural gas shale from the heartland or capturing wind that blows from who-knows-where, Mr. Pickens is all for it. "I'm for everything that's American," as the billionaire Texas oilman put it Tuesday when he met with the Register editorial board and news reporters. What we like least about his grand scheme is that to pursue the parts of...

Boone Pickens may be a fine man, and has played a colorful and useful role on the American stage for decades. But his "energy plan," which he's spending a fortune to promote on cable TV, is not a plan. Asserting that something would be good to do is not "a plan." Saying how to do it is "a plan." By this standard, what the legendary oil man is devoting $58 million to pitch hardly amounts to a decent slogan. He would replace natural gas in electricity production with wind, and use the natural gas to power cars. He fails to...