It is time to directly invest in Natural Gas directly at the well head. Drilling programs offer many tax advantages and these benefits can greatly enhance the overall economics of an investment. These incentives in the Tax Code exist to encourage capital to go into domestic production of oil and gas. This makes participation in oil and gas ventures one of the best tax advantaged investment options available to high net worth investors.
The intangible expenses (IDC’s) involved in… Continue
Added by Conrad A. Negron on July 14, 2008 at 10:06am —
I hear it almost every day, "We need to stop relying on fossil fuels and should invest more in Nuclear energy."
The fact is, what we currently consider to be Nuclear energy, or better described as Nuclear Fission
is not an end-all solution. Nuclear Fission relies on Uranium, and not just any Uranium, U235
in which there is a limited supply of. Once we deplete our… Continue
Added by Steve Forslund on July 14, 2008 at 9:32am —
I originally found out about this project from Slashdot
but it seems to be a radical approach to the development of stable fusion energy. The project has been awarded $600,000 to demonstrate and prove the feasibility of a focus fusion type reactor. Instead of running a fusion reaction using Deuterium as the primary fuel source, the focus fusion relies on a Hydrogen Boron fusion, making its fuel far more readily available… Continue
Added by Steve Forslund on July 14, 2008 at 8:43am —
Several things have happened recently to create a unique opportunity for advancing the Pickens Plan in Saint Louis:
* Anheuser Busch just agreed to be purchased by Belgian brewer InBev in an all-cash deal for $52 billion
* Cerberus Capital Management announced the permanent closure of the Chrysler plant in Saint Louis
* T. Boone Pickens announced his plan to blueprint to reduce foreign oil dependence by harnessing domestic energy alternatives
Ownership of… Continue
Added by Fred M. Domke on July 14, 2008 at 8:30am —
This is something we have to do right now. Politicians can not do this, they are too hamstrung by their political allegiences. That silent majority of American people need to rise up and make it known to Washington that they aren't going to sit by while their country dies on the vine. We owe it to our parents, ourselves and most of all our children to break this cycle of dependance on foriegn energy sources.
Added by Georges Massot on July 14, 2008 at 4:03am —
There's been this idea around for about a century now and it goes by many names; Combined Heat and Power (CHP), Cogeneration, Trigeneration, etc. It describes an idea to use a combustible fuel to produce electricity and heat inside the building that uses it. Basically, excess heat from electricity generation, which is normally vented to the atmosphere in large central power plants, is reused to heat water for use inside the facility. Central power plants use only 30% of the energy in the fuel… Continue
Added by Tim on July 14, 2008 at 12:11am —
I am so excited to learn about the Pickens Plan. And even more excited to see someone like Mr. Pickens spearheading this movement. I have allready posted on my blogs about the plan and will continue to do so as it unfolds. I would also like to put out there that myself and my friend here Brad Erickson have a conference calling business that might help people bring groups together to talk about "The Plan". You can learn more about it at www.freetelecon.com and you can… Continue
Added by Chris McCormick on July 14, 2008 at 12:00am —
This is a Natural Gas well being drilled in the Fayetteville Shale Play in Central AR. (White County) at the present, Acording to what I read this Play covers 30,000 squire miles. I live in this area and have watched over the last four years how they are increasing the drilling and operation to handle the Natural Gas. This year they have really increased drilling. It's going to be a great shot in the arm to the area. The image was taken… Continue
Added by George King on July 13, 2008 at 10:18pm —
It seems to me that T. Boone doesn't want to supply the major cities primarily. He is looking to CNG to power cars to get us off oil. Well, throughout the Midwest, gas pipes run to most homes. By making electric cheap and plentiful in that area, they could convert to electric appliances and start using CNG for their cars. As supply of electric is increased, the existing power plants will be forced to drop rates, making it cheaper and spurring people to get off gas in the rest of the country,… Continue
Added by John on July 13, 2008 at 8:19pm —
I live in a townhome community in Denver with 250 units( approx. 2100 sq. ft. on three floors, 700 sq ft. roof area). Each unit has its own roof, we have a large clubhouse with an excellent roof for solar panels and additionally we have about an acre of grass in the middle of the complex and other areas that could accommodate wind turbines. We are right next to three other similar complexes. I have contemplated for the last year, and that is all, how one complex or all four could come together… Continue
Added by jackgraves on July 13, 2008 at 8:12pm —
Lots of good ideas all around this site... but, one step at a time. Let's remember that regardless of whatever technology or power generating systems we may want to see utilized in America to get us off foreign oil, the physical part of the PickensPlan is ONLY about building wind farms to supplant the NatGas currently being used to create electricity. Maybe it will expand in the future, but right now, thats all the PP addresses, as I currently understand it.
But its also about… Continue
Added by David Baker on July 13, 2008 at 7:30pm —
I wrote this two months ago. Seeing this site I now feel we have a shot at building a boomer ground swell that will overwhelm the selfish bullsh-- being propogated by our political representatives (both parties) whose agenda is to make people feelgood and to hold on to their jobs.
Added by Terry McGinn on July 13, 2008 at 7:30pm —
Railway expansion is scarce item of discussion, think in concept of Russian $500 Billion + rail upgrades. Not interested? How about Chinese at way over $Trillion + for rail capacity expansion & extensions...
US has good working models,see books on the Pacific Electric system, Spreckel's rail network, passenger & freight, electric powered. Interested parties see the US Rail Atlas Maps from (spv.co.uk) and get familiar with rail footprint past & present, your locale. Mr.… Continue
Added by Gunnar Henrioulle on July 13, 2008 at 5:39pm —
U.S. oil Executive T Boon Pickens has to be congratulated by us for his vision displayed in his Plan to address the energy crisis faced by the U.S. This crisis has disastrous effects to the rest of the world as well.
He has very correctly drawn our attention to the fact that even with our existing technology there are many avenues open to us to reduce our addictive dependence on fossil fuels which sooner or later are destined to run out leaving us high and dry.
Let me draw… Continue
Added by w.samarasinghe on July 13, 2008 at 2:38pm —
Sure we haven't been doing things perfectly in the past. A plan like Pickens Plan is sure to attract folks from all sides of the issue and lots of these groups are bringing their own baggage. The bottom line is that we all need to work together. We need to leave some of this baggage at the door and decide to come inside to work together as a team. I am sure the plan won't solve everyone's issue right at first, but we must start moving in the same direction.
This movement is not a… Continue
Added by Ryan on July 13, 2008 at 2:25pm —
Hurrah for Boone! If we wait for the government to do something we will be in serious trouble. We need a grass roots movement to get the government's attention. Otherwise they will sit on their hands (once they get them out of our pockets) until the problem resolves itself, which is not likely, or it becomes an emergency and they can step in and be heroes and save us (from a problem they created). I'm trying hard not to be sarcastic. Am I succeeding?
Added by Roger Parrish on July 13, 2008 at 2:03pm —
FREE ELECTRICITY; PAID FOR BY GOV. LOANS ; PAYBACK RATE AT SAME COST AS SAVINGS ON UTILITY COSTS; INDUSTRY ESTIMATES THAT UTILITY SAVINGS IN 5-10 YEARS RETURNS BACK TO USER THE COST OF 45% OF THE INSTALLATION OF SOLAR PANELS, 55% IN TAX CREDITS ALREADY HAVE BEEN OFFERED BY GOV.; THAT 45% LEFT IS THE BARRIER TO EVERYONE GETTING SOLAR PANELS; NEW INDUSTRY WOULD BE CREATED WITH INVESTOR BACKING IF LAW WAS PASSED REQUIRING SOLAR PANELS ON EVERY BUILDING IN THE EFFECTIVE AREAS WITHIN 5 YEARS;… Continue
Added by Lawrence Guesno on July 13, 2008 at 12:55pm —
Facts: 1. 55% of cost of solar panels have been covered by tax credits
2. 45% of cost left is still a barrier to everyone installing solar pannels for electricity generation.
3. Solar Panel industry estimates that that 45% left in recouped within 5-10 years in utility cost savings.
4. There is low confidence in the solar panel industry so investors do not invest in the industry heavily.
5. Tehcnology has been slow to… Continue
Added by Lawrence Guesno on July 13, 2008 at 12:47pm —
The US hasn't been very hot on sun, wind and hydro energies or at least not as hot as the Europeans. Our government should aggressively promote the use of these God given energies. They are free and plentiful. We should start off with all government and government subsidized buildings all over the US to have solar panels installed on the roof of all those buildings. Then the government should offer some tax credits as incentive to encourage private homeowners to install solar panels on the roof… Continue
Added by Jackey on July 13, 2008 at 12:44pm —
I am 69 and have heard many times of people that have invented fuel saving devices only to be bought up by the oil co. The real route of the problem is the oil co. in the pockets of the people in a position to come up with a energy policy. I was in Texas in the 70's and with my on eyes saw refiners putting refined gasoline in open barium pits because the government could not decide on were to allocate the shipment's. At the same time my brother in law, a ship pilot out of Norfolk, Va. When… Continue
Added by William M McGrath III on July 13, 2008 at 12:30pm —