Free Republic

It is difficult to imagine a more unlikely pair of investors than House Speaker Nancy Pelosi and Texas oilman T. Boone Pickens. Pelosi, the San Francisco Democrat, is among the most liberal and pro-environmentalist politicians in Congress, while Pickens has long been associated with Republicans, hedge funds and the energy industry. Yet in May 2007, Pelosi invested between $100,001 and $250,000 to purchase public common stock in Pickens’ Clean Energy Fuels Corporation (CLNE). Pelosi's CLNE investment was first highlighted by Eric Odom on the #don'tgo blog. CLNE is a cog in Pickens’$6 billion plan to build a massive wind farm...

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...

[ROBERT M. SYKES is Professor emeritus Civil and environmental engineering Ohio State University Mount Vernon] I was disappointed to see that the very large negative effects on both Ohio's economy and environment were not discussed in the July 27 article "Wind power likely to blow in," on the wind-power projects in Champaign County. The first issue is the high cost of wind power, which is about 2.5 to three times the cost of coal-generated power. Large wind-power projects exist only because of large government subsidies. Otherwise, wind power would be restricted to a few applications where the physical isolation of...

DALLAS, Aug 15, 2008 (BUSINESS WIRE) -- Below is a statement issued by T. Boone Pickens following his meeting this morning with U.S. Senator John McCain (R-AZ) in Aspen, Colorado: "It was a pleasure to sit down with Senator McCain and discuss firsthand an issue that is America's top priority: ending our dependence on foreign oil, which today is approaching 70 percent. We plan on having a similar meeting with Senator Obama in the very near future. I have repeatedly stressed the nonpartisan aspects of my initiative. This is a threat to our economic and national security and something that...

By Michelle Malkin  •  August 15, 2008 02:39 PM John McCain met with T. Boone Pickens yesterday to hear the Big Wind sales pitch. Hey, why should Nancy Pelosi have all the Boone-doggly fun? Hmmmmm: T. Boone Pickens was waiting for John McCain in a small conference room at the Aspen Meadows Resort, where the two, according to Pickens, were going to be “talking about the Pickens plan.” “We’re going to have a good visit,” he added. Pickens, a famous oilman and one of America’s richest men, is now pushing a plan to drop the United States’ dependence on foreign oil...

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...

Be sure to READ THIS!!New FTC Rule Could Apply To PelosiBEHOLD the Power of the People, and the Power of  Nancy: "most open, most honest, and most ethical Congress in history"Nancy: "and Democrats promise to work together in a bi-partisan way for all Americans."What is the truth about Nancy?"Madam Speaker has a substantial amount of money invested in Clean Energy Fuels Corporation." dontgo"T Boone Pickens runs CLNE, this is the company Nancy has invested in, and apparently, the push is Natural Gas, which is the focus of the $5 billion in Ca. tax money and $5 billion in fed money...

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...

Fellow Oklahoma native T. Boone Pickens is back in the news and hitting the airwaves with an energy idea that I believe is pure common sense. Pickens believes, like I do, that as Americans continue to suffer from high gas prices, we need to take advantage of our abundant, domestic supply of natural gas for use as a transportation fuel. The promise of natural gas as a mainstream transportation fuel is achievable today -- not 15 or 20 years from now. From Compressed Natural Gas (CNG) powered cars, to semi-trucks running on liquefied natural gas (LNG), no other commercially viable...

TV commercials touting a new clean energy strategy and an environmental ballot measure in California both have one thing in common: if they succeed, they'll make investors – from "big oil" to the U.S. Capitol – a lot of money. The ads champion Texas oil billionaire T. Boone Pickens' "Pickens Plan" to move our nation from foreign oil dependence to domestically produced wind power and natural gas fuel for automobiles. The plan is touted as a cleaner, more eco-friendly alternative to our current reliance on coal power and gasoline. The ballot initiative is California's Proposition 10, known as the California...

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...