Energy Guru Boone Pickens – Wind and Coal Power Can't Compete with $3 Natural Gas

Author's Avatar
Jul 12, 2012
Comments from Boone:


- Pickens is all-American and coal is going to have to be a part of the American energy supply.


- Natural gas is cheap, but that won’t last forever.


- Wind power will not work with natural gas below $6/mmbtu.


- At $6 natural gas, both coal and wind work fine.


- Natural gas should be a transportation fuel, and that is happening.


- He is not currently buying coal producers because he thinks the time will come when natural gas moves up.