Breadnight

How You Can Invest in the Pickens Plan

Pickens' plan to use nat gas to power automobiles is audacious to say the least!! The supply of nat gas is and has always been very tight, and once people begin using them for everyday transportation use, the price of nat gas will skyrocket. Just ask all the nat gas fired power plants who came online in the 90's... Once they began using nat gas, they generated too much demand themselves.

Most of the nat gas power generators in the US today are operating at a loss due to their own demand for the fuel.

If the Pickens plan were to initialize, the best way to invest in it would be nat gas producers like CHK, DVN, UPL, ect...

Profiting from the Pickens Plan: FAN, Clean Fuels, Fuel Systems

You guys keep talking about two different things: energy for electrical consumption and energy for transportation. To date, they are unrelated. You cannot replace crude oil with coal -see the difference??

1) If everyone plugged in their electric cars, we would have to build A LOT more coal or nuclear powered plants. Since nuclear doesn't seem likely (dumb politicians), and coal is our most abundant resource, we will be burning a lot more coal to fuel those green electric cars.

2) Wind energy is hopeless. Do some research. It would take a wind farm the size of a city to power a city of the same size. Additionally, that city would have lots of power outages when the wind isn't blowing -like 50% of the time.

3) Natural Gas for electricity consumption has been proven to be a bad idea. Once you build the nat gas power plants, you end up jacking up the price of the natural gas you're using b/c of the demand YOU created. A lot of these plants that were built in the 90's are losing money today.

4) Nat gas for transportation will have the same affect. Once you increase the demand for the nat gas, the price will skyrocket and no one will use it.

All of these ideas SOUND good, but they simply wont work. Build a lot of nuclear plants, and increase spending on clean coal technologies b/c COAL is what we will be increasingly using in the near future.