"He's never told us how we're going to get off the Mideast oil, and no one's ever asked him," T. Boone Pickens said. "We're the only country in the world that has no energy plan."
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"He's never told us how we're going to get off the Mideast oil, and no one's ever asked him," T. Boone Pickens said. "We're the only country in the world that has no energy plan."
Boone is Boone....but he is wrong...we are the only country in the world with the only seed elements, active as centerpieces for energy policy....Competition.
ReplyDeleteAll the national oil companies, OPEC, these are not competitive, and thus need to be counter programmed. Boones fishing for govmnt largesse, guarantees for his ideas. Dont see his name anywhere as it relates to all the non traditional basins coming on line.
Competition is the best National Energy policy, if Brent is contrived to 120 per barrel....and ND Eagle Ford, Niobrara, etc can produce at 50....we beat the cartel out of its largesse, while sustaining competition from our new sources as options based on performance by application.
Competitive advantage. starts with comparative performance productivity per unit, NG is going to be competitive for vehicles, nano particle batteries will change the electric vehicle market....think carbon super capacitors,
Competition not more oligarchic malfeasance is what this country needs.
Counterprogramming information sources begins with competition....Boone isnt a mouthpiece for competition, he's a mouthpiece for his self interest as an already arrived oligarch.
Market based soulutions unhampered by government intrusion is competitive landscape...someone please turn the ON switch to ON!
How about an energy plan that says lets put a $50.00 per barrel tax on all off shore and imported oil. That would raise about $300 Billion per year.
ReplyDeleteTake that money and invest it in energy infrastructure.
Start with a natural gas pipeline system that has the capability to deliver the amount of gas required to turn a significant amount of our vehicle fleet into natural gas powered.
Get homes and businesses that burn fuel oil off of a crude oil based source and onto a resource thats produced in the USA.
Look at how we created the interstate highway system and irrigation projects all over the country to implement construction.
Federal government does conceptual design indicating corridors for pipelines and estimates for suppy needs through private companies that have the experience to do this type of engineering.
Pipeline companies bid for the opportunity to operate and manage the system or segements of it. They run the pipeline, charge fees, and make periodic payments to pay off the "loan" that was used to build the pipeline.
Local distribution utilities can bid on expansionsion in thier areas of service or bid to provide service in areas that do not have natuarl gas.
Funds are made available for construction, Companies bid on segments of the infrastructure as a design build contract.
Incentives are developed and funded to encourage vehicle owners to switch to natural gas, to get private enterprises to provide fueling stations for the new powered vehicles, and to get home owners and businesses to switch heating equipment.
Fees are charged on the new infrastructure delivery to be competitive with existing facilities so existing companies are not harmed financially by unfair competition. These generated revenues would then be used to pay down the national debt.
Start with natural gas then go to the electrcial grid. Build transmission systems that can send wind generated energy backed up with gas, new hydro, or nuclear.
Provide loans to build new refineries. Away from hurricane prone areas, away from population centers, and as the Bakken develops maybe refineries that utilize that raw material to provide finished products to the front range and industrial midwest (whats left of it).
A $50 tax on imported oil would be a huge pain in the wallet for many Americans. We have been partying and indulging for decades, it is now time to turn the music off and go to work.
$300 Billion in economic stimulus per year would be a bennifit to some. Once the systems started to be utilized the impact would have a multiplier.
Also the 4 step sisters (formally the seven sisters) would be less likely to take 90% of their profits and tax breaks and spend it on exploration projects out of the country. With the likely hood that oil prices will not go below $70 per barrel in the USA they may be inclined to look for more Bakken like projects all accross the USA.
... and if you recall, he lost huge on his push for wind energy in Texas. Again, another Boone-doggle.
ReplyDeleteTo Anon who thinks energy tax is good...
ReplyDeleteYour just bought and paid for...stupid idea. Taxes need to be cut along with subsidies which award favors to status quo....Competition, is not the government dole. All energy sources need to be free to compete on a level playing field, not one contrived to keep the government at the center of the awards for connections program that is the sop of these times.
There is a light bulb in some firehouse in oakland Ca. it was a carbon fillament bulb built in 1930's, as of 2005 it was the longest continuous running bulb in all of our history...
Ge didnt make such a bulb because it serves ineficiency and its self interest was always in making blades for razors....this example of how we get off track, competition is stifled every step of the innovation game by inside the beltway malfeasance....
Real productivity and sustained economic growth will only come from a foundation of competition....Identify the status quo for what it is....oligarchic malfeasance.....move beyond the status quo and we get nearer to Shumpterian economy where creative destruction keeps inertia out of the game.
When boone was jawbonning for his wind projects he was linking all his teminal logics to the fact of Peak oil. Peak oil has and is a myth, nucleation laid oil in over the worlds basins, there is huge untapped energy from oil but not as a fossil fuel. Oil was never a fossil of anything, and yet this myth has been overlaind onto our world in an attempt to keep the race between dumb and Dumber in the control rooms of governments.
ReplyDeleteTime to start characterizing the records of all these folks. Congress has an approval rating of under 15%....how could anything congress support be valid?
Only under terms of bought and paid for malfeasance that is how.
http://www.liveleak.com/view?i=fa7_1179475054
ReplyDeletewatch the link...it is historical accurate. This is the source and origin of the age of malfeasance .......nothing is untouched by the extent of the malfeasance...