Pickens fastasy

[samspade]

I am sure that we all have seen or heard of T.Pickens who has been promoting alternative energy and telling us we need to switch to natural gas because it is cheaper.

Now if I remember my economics classes that I took in college if the demand goes up the supply has to either go up or what happens is that the price will rise as well and who is on the ground floor for this?

Yep Pickens who stands to make a lot more money if he can convince you to go with natural gas to power cars and other stuff.

T. Boone Pickens and Perseus Investing $160M in Natural Gas Vehicle Earth2Tech

[Bucks]

There’s a reason there aren’t many of these natural gas vehicles out there yet — the technology has a few hurdles to jump.

First off, natural gas vehicles commonly have a shorter range than their gas counterparts; the Honda Civic GX has a fuel mile range of 170 miles.

Secondly, there’s a lack of natural gas distribution; according to the natural gas vehicle trade group the Natural Gas Vehicles for America (NGVA) there are more than 1,100 U.S. stations.

While Pickens looks ready to invest in building out this infrastructure (he’s the country’s largest private owner of natural-gas fueling stations through Clean Energy Group according to this Newsweek article), it will need a lot more investment than the funds of a green-leaning former oil guy.

Perhaps, OUR TAX money ????????????

There is a reason for those TV ads.
.

[Newman]

I do tend to agree with the basic premise of his ads, but at the same time the little guy in the back of my head is wondering how much money Ol T Boone stands to make if we swich cars to CNG....hehe

[smichellem]

And, now it's clear that some others are joining him quickly to get in on the ground floor op. too.

Those ads are starting to annoy me. It seems very carefully worded in order to bring everyone on both sides together. I can't help but laugh when he points out how cheap his plan is. Like we don't understand how quickly the prices will rise once everyone switches over.
I am all for the spirit of free enterprise. I am just skeptical because of the govt control involved in these things making it not so much of a free enterprise. Am I wrong here? Maybe I am just paranoid because of Pelosi's interest/investment in this plan of his. Call me crazy.

Also, with Obamma's plan of I forget how many billions to give towards energy alternatives I am a bit concerned. More govt subsidies to people and programs like this.

[Bucks]

If it's all about free enterprise why does he need to make a TV ad ????

I suspect he wants government subsidies to "help" promote and help make the whole program profitable for him.

Free enterprise is all about the "private sector" investing THEIR money to make more money.

From this post;Nancy Pelosi & T. Boone Pickens make$$$$$

T. Boone Pickens plan involves the private control of water, which Pickens wants to be able to sell to big cities via giant water pipelines which will be built on land seized under eminent domain...................

LINK

.

[smichellem]

The links you posted above are the ones that let me know my gut feeling was correct about his "plan" to save us.
Thanks.

[Susanna]

Like we don't understand how quickly the prices will rise once everyone switches over.

Remember how the price of diesel fuel sky-rocketed when they started building cars that would use diesel fuel? Before that, diesel was less than half the price of regular gasoline.

[nexenrod]

I don't know about you guys...but I'm getting tired of paying $4/gal for gasoline.
As Pickens states....Natural gas is domestic....it's a hell of a lot cleaner....it's abundant and getting more so with all the developing shale plays throughout the US...its easier on your engine and its CHEAP compared to Gasoline.

The technology is available...its ready to go...no R&D to worry about. The only real issue is distribution. If you have Natural gas at your house, they already sell a unit that allows you to fill it up overnight.

People in Utah are using Natural gas at a cost of $0.85 / Gal. (equivalent to Gasoline)

What's the downside? Why do you care if TBP makes money? The guy is already worth 4+ BILLION. When did Republicans every care about anybody making money, that sounds like a democrat.
He's offering a plan....something that our sorry politicians haven't done, and I think its a damn good one.

[Fantasy Chaser]

Originally Posted by nexenrod

I don't know about you guys...but I'm getting tired of paying $4/gal for gasoline.
As Pickens states....Natural gas is domestic....it's a hell of a lot cleaner....it's abundant and getting more so with all the developing shale plays throughout the US...its easier on your engine and its CHEAP compared to Gasoline.

The technology is available...its ready to go...no R&D to worry about. The only real issue is distribution. If you have Natural gas at your house, they already sell a unit that allows you to fill it up overnight.

People in Utah are using Natural gas at a cost of $0.85 / Gal. (equivalent to Gasoline)

What's the downside? Why do you care if TBP makes money? The guy is already worth 4+ BILLION. When did Republicans every care about anybody making money, that sounds like a democrat.
He's offering a plan....something that our sorry politicians haven't done, and I think its a damn good one.

I think that natural gas for Joe Average Driver is going to be problematic from a refueling standpoint. Gasoline and deisel are pumped, but not stored under pressure. Leaks, improper connections, etc. are what I would expect.

[billybigrigger]

With out a doubt Pickens plan to make money with this. His plan is to cut the use of natural gas in the generation of electricity and instead use it to power mostly commercial vehicles to start. Their are 8 million natural gas power vehicles in the world now. They have been using natural gas in buses for years. 40 years ago they were used to power heavy trucks. I think it is insane to generate electricity with natural gas, we need to use Nuclear, Hydro, Coal, Solar, and Wind to generate electricity. We need to hook more homes up to natural gas particularly in the North East were most homes are heated with diesel fuel. Theirs lots of natural gas.