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