T. Boone Pickens on Oil Prices, Wind Power

Boone Pickens details to reduce America’s dependence on foreign oil:

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Boone


UPDATE: July 9, 2008  9:43pm

Jeff Matthews points out Picken’s flip flop

“I was in wind energy for a minute…. I hate it. And when I got to looking at those damn things I said, I don’t want to be a part of putting that on the horizon. I think it’s homely and I don’t like it. We took a loss and got out of it and I’m glad I did.”

—T. Boone Pickens, Bloomberg, February 17, 2005

Related:
Boone Pickens: A man with an energy plan   
C/NET July 8, 2008 4:20 PM
http://news.cnet.com/8301-11128_3-9985905-54.html

Big Pickens: T. Boone, the Oilman, Ups the Ante in His Wind Bet
Keith Johnson
Environment, July 8, 2008, 2:11 pm
http://blogs.wsj.com/environmentalcapital/2008/07/08/big-pickens-t-boone-the-oilman-ups-the-ante-in-his-wind-bet/

Texas oilman T. Boone Pickens wants to supplant oil with wind 
Dan Reed
USA TODAY   July 8, 2008
http://www.usatoday.com/money/industries/energy/2008-07-08-t-boone-pickens-plan-wind-energy_N.htm

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Rubin: Economy Facing `Extended Difficulties’

Serious words from Robert Rubin:

"Former U.S. Treasury Secretary Robert Rubin said that the world economy still faces "extended difficulties” from the fallout of the U.S. subprime mortgage crisis and rising energy and food costs.

"It’s possible that it could get better during the course of this year, but it’s far more likely that we will have extended difficulties for quite some time yet if you consider what is happening with housing prices, the price of oil and so much else,” Rubin said today in an interview in Rome.

Record oil and food prices are fueling inflation and choking growth at a time when the fallout from the U.S. subprime mortgage market meltdown has already taken a toll on the global expansion. The Organization for Economic on June 4 cuts the growth forecast for its 30 members to 1.8 percent for this year, the slowest since 2002."

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Rrubin

Source:
Rubin Says Economy Facing `Extended Difficulties’
Alessandra Migliaccio and Flavia Rotondi
Bloomberg, July 1 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJWQydwyeAzI

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