BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Pickens gains 79%, not nearly enough to matter]]>http://www.bloggingstocks.com/2009/07/20/pickens-gains-79-not-nearly-enough-to-matter/http://www.bloggingstocks.com/2009/07/20/pickens-gains-79-not-nearly-enough-to-matter/http://www.bloggingstocks.com/2009/07/20/pickens-gains-79-not-nearly-enough-to-matter/#commentsFiled under: ,

A 79% return is both astounding and not enough. T. Boone Pickens has seen his energy funds push that much higher this year, but it comes on the heels of 2008, in which his firm, BP Capital, lost more than 90% of its value - plunging from assets under management of more than $4 billion to $500 million. The Energy Equity fund lost 64% of its value, with the Energy Fund off 98%.

The 54% decline in oil prices from last summer - from a record high of $147 - not only pushed Pickens' investments lower but prompted him to exit positions and, in October, lift restrictions on withdrawals by his clients.

Continue reading Pickens gains 79%, not nearly enough to matter

Pickens gains 79%, not nearly enough to matter originally appeared on BloggingStocks on Mon, 20 Jul 2009 11:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bp capitalBpCapitalenergyenergy fundsEnergyFundsoilpickenst boonet boone pickensTBooneTBoonePickensMon, 20 Jul 2009 11:20:00 EST<![CDATA[T. Boone Pickens' better idea: natural gas-fueled trucks]]>http://www.bloggingstocks.com/2009/03/10/t-boone-pickens-better-idea-natural-gas-fueled-trucks/http://www.bloggingstocks.com/2009/03/10/t-boone-pickens-better-idea-natural-gas-fueled-trucks/http://www.bloggingstocks.com/2009/03/10/t-boone-pickens-better-idea-natural-gas-fueled-trucks/#commentsFiled under: ,

Every once in a while, one comes across a story-behind-a-story - - one that represents an innovative idea with promise.

One such idea surfaced recently when billionaire oilman and maverick T. Boone Pickens, while forecasting $200-300 per barrel oil in 10 years to marketwatch.com, also expanded on another project: getting 350,000 18-wheeler trucks converted to natural gas through a federal subsidy program.

Continue reading T. Boone Pickens' better idea: natural gas-fueled trucks

T. Boone Pickens' better idea: natural gas-fueled trucks originally appeared on BloggingStocks on Tue, 10 Mar 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Congressdieselenergy policyinthenewsnatural gasoilPickensT Boone PickenstrucksTue, 10 Mar 2009 15:20:00 EST<![CDATA[Wind, solar face yet another hurdle: The power grid]]>http://www.bloggingstocks.com/2008/08/27/wind-solar-face-yet-another-hurdle-the-power-grid/http://www.bloggingstocks.com/2008/08/27/wind-solar-face-yet-another-hurdle-the-power-grid/http://www.bloggingstocks.com/2008/08/27/wind-solar-face-yet-another-hurdle-the-power-grid/#commentsFiled under: ,

Wind and solar, two renewable energy sources with a promising future, nevertheless face a bottleneck of sorts in the United States: the electric power grid. The existing grid can not handle the new demands, The New York Times reported Wednesday, forcing renewable wind and solar sites to shut down, even when conditions are right to generate and sell power.

An infrastructure-challenged U.S.

Economist Glen Langan says there's a theme that keeps popping up in the U.S. economy in the early 21st century: inadequate infrastructure. "We're a nation of inadequate infrastructures: the power grid, air travel/air traffic control, railways, highways... pick an infrastructure and you'll see a network that can't handle present demands, let alone an expanded national economy in 2020 or 2030," Langan said.

The power grid bottleneck is particularly frustrating and damaging because both wind and solar power generation systems are mushrooming, and could, with an adequate grid, account for more than 20% of the nation's power needs, Langan said, adding that some economic models put renewable energy's potential contribution even higher, at 25% or more.

"Imagine T. Boone Pickens building his massive, multi-billion dollar wind mill farm and having it sit idle because the grid cannot tolerate and transmit the increased power? Pretty sad," Langan said.

Continue reading Wind, solar face yet another hurdle: The power grid

Wind, solar face yet another hurdle: The power grid originally appeared on BloggingStocks on Wed, 27 Aug 2008 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>climate changeelectric gridelectricitygdppower generationpower gridrenewable energysolar energysolar powerT Boone PickensU.S. economywind mill farmswind powerWed, 27 Aug 2008 14:40:00 EST