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

July 12, 2012 | About:
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.



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