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  • How You Can Invest in the Pickens Plan [View article]
    This plan is a fascinating combination of existing technology.

    While, I agree with the sentiments of "mertenfam" and "user 199792", I must respond to one comment by "Breadnight".

    Pickens is very clear about the initial thrust of natural gas usage and vehicle conversion. If you read the full plan, he takes the Port of Long Beach model for converting heavy equipment and eventually the highway trucking system as the most reasonable, short-term (10 year) solution to converting electricity generation from natural gas and shifting that supply to the heavy equipment users. Unless there is a rush by auto manufacturers or passenger engine re-tooling and scads of refueling stations (neither very likely within this frame), there should be a modest uptick in nat gas demand, but the shift in power generation usage to wind would more than likely offset extremes in the gas market.
    Aug 21 17:10 pm |Rating: 0 0 |Link to Comment
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