Monthly Oil Numbers

Barrels of Oil Imported by the U.S.
284 Million
in April 2014

% Imported from Foreign Countries
51%
in April 2014

Money Sent Overseas
$30.6 Billion
in April 2014


BooneCam

Make your voice heard on critical energy issues

This week, T. Boone Pickens participated in a discussion about oil and natural gas prices and availability with ABC News' Rebecca Jarvis at The Concordia Summit. He pointed out that the US has the cheapest energy in the world – about a quarter of world price on natural gas, $10-$15 per barrel cheaper on oil, and Americans only pay about half the world price for gasoline.



Pickens said the main reason is the U.S. was producing only 4.5 millions of barrels of oil per day in 1970 (when we became so dependent on OPEC for our oil). Today we have doubled production to 9 million barrels per day. We are just behind Saudi Arabia and Russia in oil production and we lead the world in natural gas production.



"Our technology has absolutely changed the world," he said.





With the mid-term elections coming up, this is your chance to make your voice heard on critical energy issues. Click here to email candidates running for governor and the state legislature in the upcoming election.

DailyPickens

Oct 20 2014

Questions for Candidates

Oct 20, 2014

Pickens Plan Army:

In two weeks, on November 4, we’ll have the opportunity to vote – a right and a privilege that many have bled and died to protect.

As we move into the home stretch of this election, you may have the opportunity to meet candidates running for everything from City Council to Governor to U.S. Senate. Rather than just posing for a selfie, we can make certain that the winners – whoever they are – go back to work in January with energy on their minds.

We can do this by asking each candidate this series of questions:

1. Do you support the Pickens Plan to reduce our reliance on OPEC oil?

2. Do you know that 70 percent of the oil we import is used as our primary transportation fuel?

3. Do you favor recovering natural gas using modern, safe drilling techniques?

4. Are you aware that there are over 8 million heavy-duty trucks and fleet vehicles that can be easily switched from diesel to natural gas?

5. Would you favor a short-term, clearly defined program at the state level to help truckers and shippers move their fleets from diesel to natural gas?

6. America’s natural gas reserve base has expanded dramatically. There is now talk about exporting natural gas to Europe and Asia. Do you support this, or do you favor government spurring demand opportunities to take advantage of this cleaner, cheaper domestic resource here at home?

Let me know what you’re hearing over the next two weeks on Twitter, Facebook, LinkedIn, and PickensPlan.com!

- Boone

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Oct 15 2014

Saudi Prince Says Falling Oil Prices a Catastrophe

Oct 15, 2014

The global oil glut has got OPEC worried. Since June, the price of North Sea Brent has fallen more than 20 percent, and the International Energy Agency has cut its full-year oil-demand growth forecast to the lowest level in five years.

Now, with global oil prices testing a four-year low, one of the world’s wealthiest individuals, Prince Alwaleed bin Talal, has launched an extraordinary attack on his country’s oil minister for not stabilizing prices by reining in production numbers. Saudi Arabia is the world’s largest oil producer and, by virtue of that fact, the most powerful voice within OPEC.

According to The Telegraph, the prince posted an open letter at his personal website addressed to the kingdom’s highly respected 79-year-old oil minister, Ali bin Ibrahim Al-Naimi.

Read more HERE.

 

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