- Obama not worried about Ebola at upcoming African summit in D.C.
- Obama: ‘We tortured some folks’ after 9/11
- Obama administration asked whole D.C. Circuit to take on major Obamacare case
- Mark Levin: Topple GOP leadership or country will ‘unravel’
- Massachusetts to let police chief deny gun buys to those deemed unfit
- John Kerry condemns attack on Israeli soldiers, kidnapping
- U.S. starts to evacuate American Ebola patients from West Africa: Report
- Geraldo slammed as ‘dummy’ for backing Clinton’s bin Laden claim
- Israeli spokesman: No need to debate who broke the cease-fire
- 35 Palestinians killed; Israeli officer missing
Topic - T. Boone Pickens, Jr.
If we can get your attention off Dred Scott II — the Supreme Court decision on health care costs with its byzantine political implications — something perhaps as fundamental for the U.S. and world economies is happening: a second fossil fuel revolution.
Businessman T. Boone Pickens and other proponents of energy subsidies claim Congress must subsidize the conversion of trucks to natural gas in order for companies to convert from petroleum-based fuels to less expensive natural gas.
For the last few years oil magnate T. Boone Pickens has had one chief goal: to get the government to push natural gas, particularly onto the country's fleet of commercial trucks.
Democrats are fond of playing the class-warfare card in calling for tax hikes on "millionaires and billionaires." It's their way of pretending to stand for the little guy. The latest actions in the Senate, however, show they stand more with the ultra-wealthy than with middle-class taxpayers.
The other day, the estimable Wall Street Journal editorial board took issue with the equally estimable T. Boone Pickens, the legendary oilman, over the Nat Gas Act. The Journal argued with its customary lucidity that Mr. Pickens' idea of subsidizing natural gas, even for a short period, was ill-advised. To my mind, the Journal left one argument out, to wit: national security.
T. Boone Pickens is truly a piece of work. The Texas billionaire has been at various times a champion of free markets and a major backer of conservative causes and candidates, but he has morphed into an unapologetic advocate of government subsidies and mandates.
Republicans in Congress seem to be having an identity crisis. More than 80 of them have signed on to a bill that has the blessing of President Obama, Senate Majority Leader Harry Reid, House Minority Leader Nancy Pelosi and even that pillar of liberalism, Al Gore. Unfortunately for the co-sponsors of H.R. 1380, known as the T. Boone Pickens natural gas bill, the conservative grass roots elements that swept them into office last year are beginning to notice.
Last week was the culmination of a process begun years ago. A bill was introduced in Congress that can end American dependence on foreign oil. What is called the New Alternative Transportation to Give Americans Solutions Act - more simply put, the Nat Gas Act - came to Congress on April 6. It had bipartisan support. It ought to pass and pass promptly. It could be called the Boone Pickens Bill.
Then on Saturday, Oklahoma State billionaire booster Boone Pickens said he doesn't think the Big 12 will last much longer and believes the Cowboys eventually will end up in the Pac-12 Conference.
Oklahoma State billionaire booster Boone Pickens also said he doesn't think the Big 12 will survive much longer and predicted the Cowboys will eventually join the Pac-12.